AID Genomics Fires 400, More than 500 Israeli High Tech Workers Get the Axe in One Day

AID Genomics Covid testing ad Aid Genomics, an Israeli firm that develops molecular diagnostic technologies designed to elucidate the genetic DNA profiles of both diseases and patients alike, announced on Sunday that it is shuttering its research and development center and firing 400 employees. The news comes on the same day that America’s Asurion revealed […]

Continue Reading

Israel High Tech Scene July 16 – 22

Tel Aviv at sunset, Israel Startup Israel New Startups / VC FundingDeci Raises $55 Million For Deep Learning DevelopmentDeci, an Israeli startup that offers an artificial intelligence AI deep learning platform that it says harnesses AI to solve the AI efficiency gap, raised $25 million in a Series B funding round led by global software […]

Continue Reading

Israelis Show Effective oxygen treatment for millions suffering from long-term COVID-19 symptoms

Coronavirus COVID-19 source Global Health Security (GHS) Index A groundbreaking new study from Tel Aviv University found a promising treatment for long-term COVID-19 symptoms. The treatment is based on advanced Hyperbaric Oxygen Therapy (HBOT). Researchers from Tel Aviv University exposed patients with long-term COVID-19 symptoms to intensive Hyperbaric Oxygen Therapy (HBOT) treatment and found significant […]

Continue Reading

Zencity Firing 20% of Employees

Zencity (press release) Zencity, an Israeli startup that offers a community insights and analytics platform for state and local governments, is the latest Startup Nation to be forced to make cutbacks. The company has laid off off 20% of its workforce, or 30 people. A number of Startup Nation firms has been forced to make […]

Continue Reading

Israeli Scientists Develop New Early Parkinson’s Detection Tech

Credit Mezer Lab_MRI images for detection of microstructural changes in early-stage PD patients. In yellow are areas where PD patients show tissue damage, compared to healthy controls. Hebrew University researchers have developed an early-stage diagnosis of Parkinson’s Disease. The new method uses Quantitative Magnetic Resonance Imaging (qMRI) technology. That such new methods for medical treatments […]

Continue Reading

Israel High Tech Scene July 9 – July 15

Tel Aviv at sunset, Israel Startup Israel New Startups / VC FundingMedtronic Signs $585 Million Deal With Israel’s CathWorksCathWorks, an Israeli medtech firm that offers a non-invasive diagnostic alternative to catheters, has entered into a deal with the international healthcare technology company Medtronic in which Medtronic will invest up to $75 million and immediately begin […]

Continue Reading

President Biden and Israel Premiere Yair Lapid Sign Jerusalem Declaration on U.S.-Israel Strategic Partnership

Joe Biden and Yair Lapid Signing Historic Jerusalem Declaration (Photo by Ben Gershom GPO) The leaders of the United States and Israel, President Joe Biden and Prime Minister Yair Lapid, signed a historic agreement on Thursday which reaffirms the “unbreakable” bonds between the two countries and the “enduring commitment of the United States to Israel’s […]

Continue Reading