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UST Strengthens Presence in the Health Tech Sector with Strategic Investment in Israeli SaaS Start-up Well-Beat

Retrieved on: 
Wednesday, July 6, 2022 - 7:30am

TEL AVIV, Israel and ALISO VIEJO, Calif., July 6, 2022 /PRNewswire/ -- UST, a leading digital transformation solutions company has announced that it will strengthen its presence in the healthcare technology market with a strategic investment in Well-Beat, a pioneering Israeli start-up that adds a human touch to healthcare through patient-centered behavioral AI. The investment in Well-Beat is the latest example of UST accelerating the adoption of emerging tech solutions in healthcare and transforming lives through the power of technology.

Key Points: 
  • The investment in Well-Beat is the latest example of UST accelerating the adoption of emerging tech solutions in healthcare and transforming lives through the power of technology.
  • By investing in Well-Beat, UST is helping to bring one of the success stories of the innovative Israel start-up tech ecosystem to a wider global market.
  • "At UST, we work with academia, innovators and entrepreneurs from across the global start-up community to bring the very best transformational solutions to market.
  • However, we only directly invest in less than one percent of our partnerships those that represent the best of the best in emerging health tech.

Capital Markets Startup Deshe Analytics raises $6.5MM round led by Group 11

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Tuesday, July 5, 2022 - 7:05pm

TEL AVIV, Israel and LOS ANGELES, July 5, 2022 /PRNewswire/ -- Fintech company Deshe Analytics announced a $6.5 million seed funding round led by Group 11, with participation from Psagot Investment House and the founders of WIX.com, Avishai Abrahami and Nir Zohar.

Key Points: 
  • TEL AVIV, Israel and LOS ANGELES, July 5, 2022 /PRNewswire/ -- Fintech company Deshe Analytics announced a $6.5 million seed funding round led by Group 11 , with participation from Psagot Investment House and the founders of WIX.com , Avishai Abrahami and Nir Zohar.
  • Deshe has developed sophisticated AI driven algorithms which analyze public companies around the world and generate a research report for every stock.
  • Using Deshe's analysis, all investors - sophisticated and unsophisticated - can enrich and deepen their understanding of stock markets in their native language.
  • Dovi Frances, Founding Partner of Group 11, stated: "The future lies in transparency of data, behind any investment one makes.

ADAMA Publishes its 2021 Environmental, Social, and Governance (ESG) Report

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Tuesday, July 5, 2022 - 2:36pm

TEL AVIV, Israel, July 5, 2022 /PRNewswire/ -- ADAMA Ltd. (SZSE 000553), a leading global crop protection company, has issued its 2021 ESG report. The publication of this report cements the company's commitment to high standards around transparency, sustainability, and social responsibility.

Key Points: 
  • TEL AVIV, Israel, July 5, 2022 /PRNewswire/ -- ADAMA Ltd. (SZSE 000553), a leading global crop protection company, has issued its 2021 ESG report.
  • The publication of this report cements the company's commitment to high standards around transparency, sustainability, and social responsibility.
  • We'll continue to listen to farmers and deliver what they need to succeed, making sustainable agriculture part of the solution".
  • ADAMA continues to strengthen its portfolio and pipeline of biological products which give farmers alternative options in combination and programs with chemicals.

SAM responds to ZuoRAT, the game changing attack that emphasizes the need for router protection

Retrieved on: 
Tuesday, July 5, 2022 - 2:00pm

TEL AVIV, Israel, July 5, 2022 /PRNewswire/ -- Following the announcement issued by Lumen Technologies' Black Lotus Labs on 6/29/2022, SAM Seamless Network, the global leader of security and intelligence services for unmanaged networks and IoTs, today reveals the extent of the attack and how to protect against it.

Key Points: 
  • ZuoRAT is a sophisticated multi-tier, router fleet attack targeting home-office routers on an unprecedented scale, and is the most significant widespread attack since Mirai in 2016.
  • These attacks were generated by a well-organized group, possibly a state-sponsored organization, which investigated and exploited several vulnerabilities found in routers.
  • The evidence gathered so far indicated that this group has been planning this attack scenario for months.
  • The agent uses a unique deception mechanism for router protection that allows it to trick perpetrators.

Helios raises $5M for platform to increase cloud-native development velocity

Retrieved on: 
Tuesday, July 5, 2022 - 2:00pm

TEL AVIV, Israel, July 5, 2022 /PRNewswire/ -- Helios, the platform for developers building cloud-native applications, announced today $5M funding to make it easier to understand, troubleshoot, and test distributed systems during development. The seed round was co-led by Entrée Capital and Amiti VC. A number of angel investors also joined, including Benny Schnaider, Guy Podjarny (co-founder of Snyk), Adi Sharabani and Yair Amit (co-founders of Skycure) and Guy Fighel (GM at New Relic). The company also announced the launch of a new free tier for their platform. 

Key Points: 
  • These friction points slow down the whole development process, lead to buggy code, and end up frustrating the developers.
  • Helios is the first developer platform built specifically for cloud-native application development.
  • Eli Cohen, co-founder and CEO of Helios, said "We built Helios to give developers the cloud-native dev platform we wish we'd had ourselves.
  • Helios is a developer platform that helps drive dev velocity and productivity when building cloud-native applications.

SAM responds to ZuoRAT, the game changing attack that emphasizes the need for router protection

Retrieved on: 
Tuesday, July 5, 2022 - 2:00pm

TEL AVIV, Israel, July 5, 2022 /PRNewswire/ -- Following the announcement issued by Lumen Technologies' Black Lotus Labs on 6/29/2022, SAM Seamless Network, the global leader of security and intelligence services for unmanaged networks and IoTs, today reveals the extent of the attack and how to protect against it.

Key Points: 
  • ZuoRAT is a sophisticated multi-tier, router fleet attack targeting home-office routers on an unprecedented scale, and is the most significant widespread attack since Mirai in 2016.
  • These attacks were generated by a well-organized group, possibly a state-sponsored organization, which investigated and exploited several vulnerabilities found in routers.
  • The evidence gathered so far indicated that this group has been planning this attack scenario for months.
  • The agent uses a unique deception mechanism for router protection that allows it to trick perpetrators.

Enlight to Acquire 525 MW Portfolio of Solar and Wind Projects in Croatia

Retrieved on: 
Tuesday, July 5, 2022 - 1:00pm

TEL AVIV, Israel, July 5, 2022 /PRNewswire/ -- Enlight Renewable Energy (TASE: ENLT) has signed an agreement for the acquisition and joint development of a 525 MW portfolio of renewable energy projects in Croatia, across various stages of development. The portfolio comprises five projects, four of which are solar, totaling 386 MW and one of which is wind, totaling 139 MW. Enlight projects that the projects will commence construction from the end of 2023 through 2025, subject to the successful completion of the development phase for each project.

Key Points: 
  • The portfolio comprises five projects, four of which are solar, totaling 386 MW and one of which is wind, totaling 139 MW.
  • Enlight projects that the projects will commence construction from the end of 2023 through 2025, subject to the successful completion of the development phase for each project.
  • The portfolio is one of the largest and most advanced portfolios of renewable energy projects in Croatia, and will enable Enlight to diversify its activity in Croatia to include significant solar projects, alongside its existing operational high-quality Lukovac wind project.
  • The acquisition also reinforces Enlight's already strong presence across Central and Eastern Europe, where the Company owns a 1.2 GW portfolio of renewable energy projects between Hungary, Kosovo, Serbia and Croatia, including 316 MW of operational projects.

F2 Doubles Down on Israeli Founders with $250m in New Funds and a New Partner

Retrieved on: 
Tuesday, July 5, 2022 - 12:38pm

F2 Venture Capital doubles down on Israeli tech founders at their earliest stages, having raised $250 million in new funds and appointed Maor Fridman as a Partner.

Key Points: 
  • Some of our best investments emerged from times like this," said Jonathan Saacks, Managing Partner at F2.
  • To support their growth and focus on founders establishing deep-technology companies, they have promoted Maor Fridman to Partner.
  • "Maor is radically founder-focused and has excelled as a VC in record time," says Barak Rabinowitz, Managing Partner at F2.
  • F2 also operates The Junction, Israel's premier pre-seed investment platform, to back founders with guidance, network, and capital from day zero.

Fairtility Granted CE Mark Under New European Medical Device Regulation (MDR) for AI Decision Support Tool, CHLOE EQ™

Retrieved on: 
Tuesday, July 5, 2022 - 12:40pm

TEL AVIV, Israel, July 5, 2022 /PRNewswire/ -- Fairtility™, the transparent AI innovator powering in vitro fertilization (IVF) for improved outcomes, today announced its AI decision support tool CHLOE EQ™ earned the CE Mark under the European Medical Devices Regulation (MDR) regulatory requirements. CHLOE EQ™ is now commercially available to IVF fertility clinics across Europe.

Key Points: 
  • TEL AVIV, Israel, July 5, 2022 /PRNewswire/ -- Fairtility , the transparent AI innovator powering in vitro fertilization (IVF) for improved outcomes, today announced its AI decision support tool CHLOE EQ earned the CE Mark under the European Medical Devices Regulation (MDR) regulatory requirements.
  • CHLOE EQ is an AI decision support tool that was developed to provide Embryo Viability Assessment which supports the prediction of blastulation, the prediction of implantation and ploidy and, ranks embryos in order of priority.
  • The European MDR came into effect in May 2021 and serves as the new European legal framework for medical devices.
  • MDR has more stringent requirements for demonstrated compliance, vis a visthe obsolete Medical Device Directive (MDD), the previous industry standard.

HUB Security Prepares Shareholders meeting to approve delisting from the Tel Aviv Stock Exchange ahead of it NASDAQ Merger

Retrieved on: 
Tuesday, July 5, 2022 - 12:06pm

TEL AVIV, Israel, July 5, 2022 /PRNewswire/ -- HUB Cyber Security (Israel) Limited (TASE: HUB), a developer of Confidential Computing cybersecurity solutions and services ("HUB" or the "Company"), announced today it has submitted a formal request to the Israeli district court to allow the Company shareholders decide on 'same-day' delisting from the Tel-Aviv Stock Exchange (TASE) and start of trade on its expected trading on NASDAQ. As part of its anticipated SPAC merger, HUB's shareholders are expected to vote on delisting in parallel to the NASDAQ listing, rather than the mandatory 90-day dual trading period required by law.

Key Points: 
  • As part of its anticipated SPAC merger, HUB's shareholders are expected to vote on delisting in parallel to the NASDAQ listing, rather than the mandatory 90-day dual trading period required by law.
  • HUB Cyber Security (Israel) Limited ("HUB") was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces.
  • The company specializes in unique Cyber Security solutions protecting sensitive commercial and government information.
  • HUB operates in over 30 countries and provides innovative cybersecurity computing appliances as well as a wide range of cybersecurity services worldwide.