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Former Mossad director Tamir Pardo at the Meir Dagan Conference for Strategy and Defense in Netanya College on March 18, 2019. Photo by Flash90.

Cyber company cofounded by ex-Mossad chief sells for $700 million

XM Cyber, an Israeli cybersecurity company that was cofounded by former Mossad chief Tamir Pardo, was acquired by Schwarz Group, the European retailer announced on Monday. The company was founded in 2016 by Pardo, Noam...

Israelis are masters of food innovation. Here’s why

What is the recipe for meat and dairy without cows? Snacks and sauces with less sugar and salt? Long-lasting fresh produce and compostable food wrappers? A fast-growing, climate-threatened world is hungry for such recipes. Appropriately...
Ravit Ram Bar-Dea, CEO of Well-Beat. Credit: Vladimir Askin.

Israel sending finalist to entrepreneur contest in Dubai

Ravit Ram Bar-Dea, co-founder and CEO of digital health startup Well-Beat, will represent Israel in a global contest to be held in Dubai in October, after she won first place in the TiE Women Entrepreneurship Competition...
Asio has developed a system called NavGuard to provide drones with their own ability to process video feeds from on-board cameras, analyze their surroundings and convert that information into precise location information. Credit: Courtesy.

In increasingly crowded skies, Israeli company offers drones a new way of navigating

In the not-too-distant future, the skies will grow increasingly crowded with drones, and civil aviation authorities are concerned about safety. In 2020, the number of consumer-level drone services in the United States surpassed $1.25 billion,...
Manhattan, New York City, Aug. 14, 2015. Credit: Ivan2010 via Wikimedia Commons.

Twenty-One Israeli unicorns now call New York City home

Following a flurry of investment activity in recent months, New York is now home to 21 Israeli-founded unicorns—privately held companies valued at $1 billion or more—according to the United States-Israel Business Alliance. Each of...
Israel celebrates Independence Day. Illustrative photo via Shutterstock.

73 fun facts about Israel

Israel has the highest number of altruistic kidney donations per capita in the world: 1,005 in the past 11 years, and counting. The oldest tree in Israel is a jujube tree in Ein Hatzeva...
Efrat Duvdevani, director-general of the Peres Center for Peace and Innovation (center), and the center's senior adviser for international and diplomatic affairs Nadav Tamir (far right) with the UAE visiting delegation, Feb. 17, 2021. Credit: Courtesy Peres Center for Peace and Innovation.

In preparation for embassy opening, UAE delegation visits Peres center

The first official advance delegation from the United Arab Emirates Foreign Ministry visited the Peres Center for Peace and Innovation on Wednesday as part of a wider visit to prepare for the opening of the United...
MilkStrip is a biotech and wellness company that provides real-time breast-milk decision support at home, informing new mothers about the freshness and nutrition of human milk. Credit: Courtesy.

In Israel, women ‘juggle it all’ with motherhood, degrees, even high-tech startups

Mastercard’s Index of Women Entrepreneurs announced last month that Israel is ranked as the best country for female entrepreneurs in 2020, rising from fourth place in 2019, with the United States, Switzerland and New...
The Tel Aviv Stock Exchange (TASE), Sept. 2014. Credit: Yaniv Morozovsky via Wikimedia Commons.

Why did Israeli firms win record investments in a coronavirus year?

The year 2020 began under the shadow of a coming pandemic that would soon wreak havoc on worldwide health and finances. Yet despite rising unemployment and a decline in early-stage financing, a year-end report from...
A promotional image of BlackSwan Technologies AI software. Source: BlackSwan Technologies/Facebook.

Israeli software firm uses AI modeled after the human brain to generate insights for...

A recently launched artificial intelligence (AI)-driven operating system company allows companies to receive an unprecedented level of operational efficiency and data-driven decision-making, according to Michael Ouliel, founder and CEO of BlackSwan Technologies. The company, based...