NoTraffic raises $50 million in Series B funding to digitize mobility

Mobility tech start-up NoTraffic has announced the successful completion of a $50 million Series B funding round for its platform, which aims to digitize the backbone of transportation and streamline the next generation of traffic mobility. The latest funding round will enable the company to accelerate its growth momentum by increasing production, research and development, […]

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This AI device reads your sweat to tell you about your heart’s health

YOPI Technologies, an Israeli hi-tech company founded by experienced entrepreneurs Hemi Re’em and Dr. Menachem Genut, has successfully completed the development phase of YOPI, a wearable AI-based device designed to monitor sweat and detect early signs of heart function deterioration. YOPI (an acronym for “Your Online Personal Instructor”) represents a significant innovation in sports monitoring […]

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Owners of Israel’s Leviathan reservoir secure $568 million gas pump deal

The working interest owners of the Leviathan natural gas reservoir have made a final investment decision to proceed with the construction of a third gathering line connecting the Leviathan reservoir to the Leviathan Production Platform. With an estimated budget of approximately $568 million, this crucial development is aimed at meeting the growing demand for natural […]

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Is Israel’s ‘innovation industry’ in the hands of young engineers?

By now, the issue of a talent shortage in Israel’s hi-tech scene has been well-documented.  According to the Israel Innovation Authority’s State of Hi-Tech 2022 report, the country’s tech industry is experiencing a dramatic shortage of engineers and programmers; a prior report from Israel’s State Comptroller Matanyahu Engelman found that there were 18,500 vacant positions […]

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