Tag Archive for Israeli start up

Israeli invented synthetic cornea returns eyesight to blind 78yr old

After receiving the first implant of an artificial cornea, a 78-year-old patient was able to recognize his family members and read a text immediately after his bandages were removed at the Rabin Medical Center in Petah Tikva.

By  ILH Startup Editor

 

A 78-year-old man who has been blind in both eyes for 10 years has regained his sight after receiving the first implant of an artificial cornea developed by Israeli startup CorNeat, the company announced Monday.

The CorNeat KPro implant is designed to replace deformed, scarred or opacified corneas, and it integrates with the eye wall with no reliance on donor tissue. Continue Reading »

Israeli Startups Added $33.8 Billion to New York’s 2018 Economy

The skills Israelis have learned in the IDF have contributed to creating young risk-taking entrepreneurs, leading some of the world’s largest companies, developing many of the technological advances that improve the lives of people around the world.

By David Lazarus

 

Israeli chutzpah (audacity or sassiness) is leaving its mark on the Big Apple. That is the conclusion of a new report published by the New York – Israel Business Alliance.

According to the report, Israeli-founded companies generated more than $18.6 billion in direct revenue in 2018 alone, and $33.8 billion in benefits to the New York economy. These remarkable numbers are due in most part to the 5 Israeli-founded “unicorns,” or startups valued at over $1 billion. Continue Reading »

Israeli Startup Developed Biodegradable Plastics That’s 100% Compostable

Founded in 2010 by Daphna Nissenbaum and Tal Neuman, their Israeli startup TIPA from central Israel has developed durable plastic-like bags & packaging from natural materials that breaks down after use and can even be used for compost in your garden.

By Israel Today Staff

 

Looking for a way to replace the plastic used for food and beverage packaging, which make up two-thirds of the world’s plastic waste, scientists at TIPA have developed a material with plastic-like durability, flexibility and transparency, but, unlike plastics, it is 100% compostable.

The startup says that its technology is inspired by nature. Like the skin of an orange that perfectly protects the fruit inside and once discarded decomposes. Continue Reading »

Apple acquires 4th start-up from Israel: RealFace, biometric facial recognition

Aimed at making passwords redundant, Apple makes its fourth Israeli acquisition, a Tel Aviv-based company that offers its users secure biometric logins, bought for an estimated $2 million.

News Agencies & Israel Hayom Staff

 

Multinational technology company Apple Inc. has bought Israeli startup RealFace Technology for an estimated $2 million, Israeli media reported Sunday.

Founded in 2014 by Adi Eckhouse Barzilai and Aviv Mader, the Tel Aviv-based startup is a leading developer of facial recognition technology. Its software offers users a smart biometric login, with the aim of making passwords redundant when accessing mobile devices or personal computers.

According to the Jewish Business News, RealFace has 10 employees, and it had raised $1 million prior to Apple’s acquisition. Continue Reading »