Who needs a robotic pollinator and how many jobs will AWS and Google be generating in Israel?

CTech Daily Roundup: Rafael investing NIS 250 million to court employees

CTech 22:4324.05.21
Rafael investing NIS 250 million to court employees. The company raised NIS 805 million from institutional investors in April and plans to use more than 25% of it to upgrade working conditions and recruit additional tech employees. Read more

 

Crypto-native risk monitoring firm Solidus Labs announces $20 million series A funding. The Israeli-founded company offers an automated and testable market surveillance and risk monitoring hub tailored for digital assets. Read more

Rafael Spike missle. Photo: Rafael Rafael Spike missle. Photo: Rafael

 

Organizational learning company Shamaym is reaching for the sky. The Israeli productivity management company, headed by former Air Force pilots, has filed a prospectus ahead of a Tel Aviv IPO. Read more 

 

Magic Software launches solution to help small and mid-sized factories join Industry 4.0 revolution. The Israeli company’s FactoryEye product collects real-time data from existing machinery and operational systems and transforms it into actionable intelligence. Read more 

 

Buzz off: Israeli startup developing robotic pollinator raises $4 million round A. Equipped with cameras and AI-based computer vision, Arugga’s robot recognizes flowers ready for pollination and then applies an air-pressure mechanism to the selected flower. Read more

 

AWS and Google set to generate 3,000 new jobs as part of project Nimbus. Israel’s government announced Monday that the tech giants officially signed the more than $1 billion deal to provide cloud services for the country’s public sector and military. Read more

 

ThetaRay announces its SONAR solution, designed to tackle money laundering risks. The news comes less than a week after its latest funding round of $31 million. Read more

 

Opinion | Israeli resilience: That’s how winning is done. Israel now has more publicly traded companies on Nasdaq than any other country in the world besides the US and China, and more startup tech unicorns than all of Europe combined. Read more