VERY GOOD NEWS ISRAEL

By Michael Ordman, VGNI

Meanwhile, as can be seen in the photo, Israel is massively building new homes to accommodate all those who are now realizing their dream to live in this amazing country.  Happy Israeli Independence Day – Yom Ha’Atzmaut Sameach.

In the 12th May 24 edition of Israel’s good news, the highlights include:

POSITIVE NEWS DURING A WAR

Remarkable Resilience. This video describes how Israel’s Ben Gurion University responded after the devastating events of Oct 7.  BGU and its students are helping the Negev recover and rebuild. From finance to students in the reserves and evacuees, to medical gear, clinics, and many vital cutting-edge innovations.
https://americansforbgu.org/video/rr4-recording/

Picking fruit on Gaza border farms. Before Oct 7, farms near the Gaza border supplied 70 percent of Israel’s fresh produce as well as produce for export. Lack of staff threatens closure of the farms, but volunteers from Israel and overseas has ensured their survival. Grapefruit and clementines are two of the crops being harvested.
https://www.israel21c.org/volunteering-on-israeli-farms-devastated-on-october-7/
https://www.israel21c.org/how-you-can-volunteer-in-israel-during-the-war/

ISRAEL’S  MEDICAL ACHIEVEMENTS

US approval for retinal imaging. The US FDA has approved the fully autonomous AI from Israel’s AEYE Health (see here previously) that diagnoses referable diabetic retinopathy from retinal images obtained by a handheld camera. Portable screening addresses the leading cause of blindness in the global working population.
https://www.ourcrowd.com/startup-news/fda-clears-first-fully-autonomous-ai-for-portable-diabetic-retinopathy-screening

How cancer manipulates the immune system. Researchers at Israel’s Bar-Ilan University are the first to analyze biopsies to discover how cancer cells prevent being destroyed by the immune system. As each patient is different, the results will help scientists develop personalized strategies for destroying tumors.
https://www.biu.ac.il/en/article/580703   https://www.newswise.com/articles/in-a-first-researchers-generate-a-direct-measurement-of-the-interaction-between-immune-cells-and-cancer-cells-from-a-patient-s-biopsy

The world’s 10th best healthcare. Israel was ranked tenth in the latest edition of the CEOWORLD magazine Health Care Index. 110 countries were surveyed for infrastructure; professionals (doctors, nursing staff, and others); competencies; cost per capita; quality medicine availability, and government readiness.
https://www.i24news.tv/en/news/israel/technology-science/artc-israel-ranks-10th-best-health-care-system-in-2024-review  https://ceoworld.biz/2024/04/02/countries-with-the-best-health-care-systems-2024/

Improving the use of Operating Rooms. Israel’s Opmed.ai has developed an AI optimization platform for healthcare, starting with Operating Rooms. An empty OR carries a cost of $1,000 for each unused hour. Opmed.ai is already used in the US and Israel and is working with leading Health Systems such as Mayo Clinic.
https://www.calcalistech.com/ctechnews/article/r1s5ss8mc  https://www.opmed.ai/

Integrated cancer research center. The Technion’s Rappaport Cancer Research Center under construction (see here previously) will house interdisciplinary researchers, computer scientists, doctors, data analysts, biotechnologists, chemical engineers, and more, working to develop treatments via discovery and education.
https://www.youtube.com/watch?v=Vq_AKCixxzw   https://rticc.net.technion.ac.il/
https://www.jpost.com/health-and-wellness/article-782519

A new hospital for Beersheva. The Israeli has approved the establishment of a second hospital in the Negev city of Beersheva, The Peres Medical Center is expected to open in 2028 with 600 beds. It will reduce the strain on Beershava’s Soroka Medical Center. It will be operated by the Sheba Medical Center.
https://www.jns.org/israeli-cabinet-green-lights-new-hospital-for-beersheva/

A new strategy for treating multiple myeloma. Israel’s UB-Therapeutics is developing a novel therapy for the treatment of multiple myeloma. Its proteasome degradation inhibitor is a cyclic peptide that directly targets the degradation pathway of the proteasome – overcoming cancer’s resistance to existing proteasome inhibitors.
https://ats.org/our-impact/fighting-cancer-drug-resistance/  https://ngt-healthcare2.com/ub-therapeutics/   https://www.calcalistech.com/ctechnews/article/hyx7duwi2

Using plant cells to improve health. (TYAIFL) Israel’s BioHarvest Sciences (see here previously) is building an 80,000 square foot campus in Yavne, Israel to house all R&D functions and manufacturing facilities. BioHarvest uses plants to transform the medical, cosmetic, and nutrition industries.
https://bioharvest.com/bioharvest-sciences-announces-new-campus-for-botanical-synthesis-cdmo-and-expansion-of-manufacturing-capacity/

Combining software and medicine. Israel’s Remepy is developing tailored therapeutic software for mobile applications. It aims to unlock and trigger brain functions that modulate the immune system and enhance traditional medication. The hybrid digital and physical therapy should optimize the effectiveness of treatments.
https://www.timesofisrael.com/israeli-startup-to-pioneer-hybrid-app-drug-combinations-for-tailored-treatment/
https://www.remepy.com/   https://www.youtube.com/watch?v=lyZ-vCIKPIQ

Using AI & RNA to deliver therapies. Mana.bio (see here previously) presented to the delegates of Technion UK’s tour of Israel. CEO and co-founder Yogev Debbi explained Mana’s drug delivery development, exactly 7 months after moving to its new premises on Oct 8 when 25% of their staff started IDF reserve duty.
https://technionuk.org/trip-album/#manabio0524  https://www.youtube.com/watch?v=wBbEzqwlIGY

ISRAEL IS INCLUSIVE AND GLOBAL

Druze US delegation highlights diversity. A delegation of Druze Israelis visited Miami, New York City and Washington, D.C. to refute misinformation that portrays Israel as an “apartheid” state and counter antisemitism on college campuses. They drew attention to the coexistence and contributions of Israeli minorities.
https://www.jns.org/wire/druze-delegation-visits-us-to-combat-misinformation-about-israel-and-highlight-countrys-diversity/

No disruption to Jewish-Arab sports program. Even during the war, Israeli non-profit “The Equalizer” (see here previously) continues to bring Jewish and Arab children together to play soccer, basketball, swimming and more. Since Oct 7, it has taken on thousands of kids displaced by war from the north and the south of Israel.
https://www.israel21c.org/the-equalizer-jewish-arab-soccer-program-thriving-despite-war/

What Colombia will be losing. (TY Hazel) Colombia fights rebels and drug cartels using Israeli rifles and Kfir planes which only Israeli engineers can maintain. Israel also provides cyber-security to its banks, water systems to combat drought, hydroponics, new roads, natural pesticides, telecommunications, and electricity.
https://www.timesofisrael.com/how-cutting-ties-with-israel-could-hamstring-colombias-military-ground-air-force/    https://israelactive.com/?s=colombia

SCIENCE & TECHNOLOGY

Israeli school wins international robot contest. (TY Yanky & Nevet) Team Orbit 1690 from the ORT Atid Cramim Binyamina High School, has won the international robotics competition (known as FIRST) in Houston, Texas, beating 600 other teams from around the world.
https://www.jpost.com/israel-news/article-799768   https://www.youtube.com/watch?v=1iyUdlndgBE
https://frc-events.firstinspires.org/2024/team/1690  https://www.1690orbit.com/

Be aware, stay safe. Israel’s Cywareness trains employees to guard against cyber-attack. The sophisticated tool simulates realistic attempted security breaches of a company’s computers and emails. It tries to fool employees into providing passwords or loading malicious software. It provides learning experiences without actual risks.
https://nocamels.com/2024/04/making-companys-personnel-human-firewalls-against-cyberattacks/
https://cywareness.io/

Protection from Ransomware. Israel’s Morphisec (see here previously) has launched its Anti-Ransomware Assurance Suite. Its components automate the identification of high risks and misconfigurations, protect against infiltration, and use decoy strategies to defend critical assets, reduce recovery time and impact of any attack.
https://www.ourcrowd.com/startup-news/morphisec-launches-anti-ransomware-assurance-suite-powered-by-automated-moving-target-defense

Removing CO2 from US lake. Israel’s BlueGreen Water Technologies (see here previously) removed algae from the Mantua Reservoir in Utah, USA, equating to nearly 13,000 tonnes of atmospheric CO2. It marked the world’s first-ever verified removal of CO2 by eradicating harmful algal blooms in freshwater.
https://www.ourcrowd.com/startup-news/global-climate-breakthrough-bluegreen-water-technologies-removes-13000-tonnes-of-co2-from-u-s-freshwater-body

Growing egg protein inside potatoes. Israel’s PoLoPo (see here previously) based on Kibbutz Gan Shlomo, is using molecular farming (creating useful proteins inside plants) to get potatoes to cultivate egg white protein. The aim is to help reduce the food shortage for an increasing world population.
https://nocamels.com/2024/04/making-potatoes-into-factories-for-growing-egg-protein/

Turning jellyfish into food protein. Gal Admati (see here previously) founded Qortein during his time as an evacuee in a Jerusalem hotel. This article describes how Qortein uses Tel Aviv University technology to turn jellyfish (a dangerous invasive species) into a protein source to help combat global food shortages.
https://www.calcalistech.com/ctechnews/article/h1iowbbmr   https://www.qortein.com/

Innovating for a water-starved planet. Recent article by author Paul Driessen that describes how Israel’s inspiration, innovation, perspiration, and technology can overcome climate challenges.
https://canadafreepress.com/article/innovating-for-a-water-starved-planet

Digital metal casting. Israel’s Magnus Metals has reinvented the 6,000-year-old metal casting processed. Its volume alloy Digital Casting System and process saves months of time, 50% of costs, 70% of raw materials, and 50% of energy. It increases safety, simplicity, accuracy, and flexibility in the manufacture of alloys.
https://www.calcalistech.com/ctechnews/article/h1pwwqcec  https://www.magnusmetal.com/

A revolution in publishing. Israel’s Spines is described as the world’s first comprehensive artificial intelligence (AI) publishing platform. Its features include proofreading, formatting, cover design, eBooks, print-on-demand, royalty management and distribution over an extensive network of global channels.
https://www.israel21c.org/ai-publishing-platform-set-to-upend-100-year-old-process/    https://spines.com/

Israeli apps for Yom HaShoah. Ahead of Yom Hashoah, Microsoft rolled out an AI platform for Zikaron Basalon events with survivors. Google’s Waze navigation app mapped 1,200 meeting locations across Israel. Meanwhile, Meta in Israel launched the “Sharing Memories” project (Ma’alim Zikaron in Hebrew).
https://www.timesofisrael.com/microsoft-meta-and-googles-waze-pitch-in-tech-for-holocaust-remembrance-projects/   https://www.zikaronbasalon.com/en/home-2/
https://www.latet.org.il/en/world-4/articles/sharingmemories2024

ECONOMY & BUSINESS

Superfast investment. NFX is one of the world’s largest Venture Capital seed funds. It is to invest some of its $20 million emergency fund in cash-strapped Israeli startups. To avoid a long, drawn-out decision-making process, NFX promises to respond to requests within nine days and provide the cash within three weeks.
https://www.calcalistech.com/ctechnews/article/bjltrurlr

Deloitte launches 10 more startups. Ten Israeli startups have been selected for the 7th cohort of Deloitte’s LaunchPad mentoring program. They are CyabraClarity SecurityJuno JourneyLayerXLudeoOpmedPrompt SecurityTrustmiWinn.ai, and Zoog. The 43 previous startups have raised over $1 billion in funds.
https://www.timesofisrael.com/amid-war-deloitte-kicks-off-7th-cohort-for-israel-startup-accelerator-program/

Better management of cash operations. Israel’s Panax develops an AI-driven cash flow management platform to help mid-market and large companies gain full visibility and control over their cash operations. AI-driven automation streamlines all treasury processes, consolidating data directly from banks and ERP systems.
https://www.calcalistech.com/ctechnews/article/bksi8ykma   https://www.thepanax.com/

EU grant for cultivated meat startup. Israel’s Profuse Technology (see here previously) was awarded a 2.4 million euro grant from the EU’s competitive Horizon EIC Transition program. Profuse will use the funds to refine its technology that speeds up the cultivation of non-animal meat.
https://www.timesofisrael.com/israel-startup-gets-eu-backing-to-help-bring-lab-grown-meat-cuts-to-table/

Exits, takeovers and mergers – to 12/5/24: Nvidia is to acquire Israel’s Deci for an estimated $300 million. Global private equity firm Permira is acquiring 60% of Israel’s BioCatch for around $750 million. Swiss-US Alcon is acquiring Israel’s Belkin Vision for up to $330 million; US-headquartered Akamai has acquired Israel’s Noname Security for $450 million. Israel’s Pango has acquired Israel’s Gett for $175 million.

Startup investment – to 12/5/24: Wiz raised $1 billionXtend raised $40 millionHoneycomb Insurance raised $36 millionLayerX raised $26 millionCynomi raised $20 millionOpmed.ai raised $15 millionAISAP raised $13 millionPanax raised $10 millionFairgen raised $8 millionApex AI Security raised $7 millionToken Security raised $7 millionSpines raised $6.5 million;

CULTURE, ENTERTAINMENT & SPORT

Photojournalist at 100 has seen it all. At the National Library of Israel on Yom HaShoah, Dan Hadani, just 3 months from his100th birthday, told his story from survivor of the Lodz Ghetto and Auschwitz to his decades of photojournalism. He has submitted some 1.4 million images to the Library for digitization.
https://www.timesofisrael.com/100-year-old-who-shaped-israeli-photojournalism-takes-stage-to-share-holocaust-survival/

Lee Kern to make Aliyah. (TY Yanky) Oscar-nominated writer and comedian Lee Kern announced he will be moving to the Jewish State. He said, “Rationally she doesn’t stand a chance. But she’s also the world’s only Jewish country. And I’m a Jew.” Kern added that he was happy to make Aliyah, “Because I back winners.”
https://www.israelnationalnews.com/news/388084   https://www.leekern.org/

Rhythmic gymnasts win in Baku. (TY Hazel) At the 2024 Rhythmic Gymnastics European Cup in Baku, the Israel senior team won the gold medal in the All-around and the Hoops events. The Israeli Juniors team came top of the 23 competing countries, with individual gold medals in all 4 sets of apparatus.
https://www.youtube.com/watch?v=rt4Oh0pfwAg   https://www.youtube.com/watch?v=AHXcU_AhhLo
https://www.europeangymnastics.com/event/2024-european-cup-rhythmic-gymnastics-baku-aze/results

Israeli Druze wins kickboxing gold. (TY Nevet) (From Feb 2024) Israeli Druze Yosef Takatuk (a.k.a Tktok) from Kfar Yarka won first place at the European Cup kickboxing competition (over 91kg) in Zagreb.
https://www.facebook.com/FollowTeamIsrael/posts/pfbid0RGr7tLfH1R2CpismTftakhgjXr29oYbZCPHbeLtbXwnjNyon7FSMZL54tvpRrSmRl  https://twitter.com/nachal_giyus86/status/1760727200607949025
https://www.instagram.com/reel/C4XBtbFtkZS/  https://twitter.com/nachal_giyus86/status/1760727200607949025

Karate champions. (TY Hazel) At the European Traditional Karate Federation Championship in Macedonia, Israelis won a total of 11 Gold medals, 3 Silver medals and 2 bronze medals.
https://www.karate.mk/images/2024/results/36th_ETKF_EUROPEAN_TRADITIONAL_KARATE_CHAMPIONSHIP.pdf    https://twitter.com/nachal_giyus86/status/1783884384455602459
https://www.facebook.com/photo/?fbid=963173675396731&set=a.225139202533519

Hostage’s karting brother wins in Slovakia. Go karter Guy Albag, brother of hostage Liri Albag won the CEE championship in Slovakia while fellow Israeli Yam Pinto finished third. Both went up to the podium honoring Liri.  https://twitter.com/nachal_giyus86/status/1787541935210791374
https://www.instagram.com/followteamisrael/p/C6nd7ZItive/

Other medals. (TY Hazel) Israel’s junior climbers Or Mark won gold in the IFSC Youth European Cup in Graz, Austria. Elysaf Lanel won silver. Mountain bike rider Naama Noyman won silver in the Spanish Cup. Israel’s men’s curling team on won silver at the European Curling Championships C-Division.
https://www.facebook.com/photo/?fbid=970693917978040&set=pcb.970694284644670
https://www.ifsc-climbing.org/athlete/14461/or-mark

May 12, 2024 | Comments »

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