Vdeep

Growth-Positive

She Loves Tech, in partnership with Yazamiyot - Women Entrepreneurs, has announced the finalists for its Israel 2023 startup competition. The finalists represent a diverse range of industries including AI, health tech, and sustainability, showcasing the potential of female-led innovation. The finalists will present at the Google for Startups Israel Campus in Tel Aviv on October 8. The startups include ArkDesign.AI, Fabumin, Feminai, Gals Bio Ltd, IMMA Health, Jama, Lumos, Synergym.Ai, and Vdeep.

growth-positive

The article discusses the growth of generative AI startups in Israel, with the number of such companies more than doubling from 67 to 144 in the past five months. Israeli generative AI startups have raised a total of $2.3 billion so far, a 2.5x increase compared to April 2023. The largest funding round in this space belongs to AI21 Labs, which recently raised $155 million in a series C round. Remagine Ventures, the author of the article, has invested in several generative AI startups, including Hour One, Munch, KwaKwa, and Playo.

growth-positive

Remagine Ventures has released an updated landscape of Israeli generative AI startups. The number of these startups has more than doubled in six months, and the total amount raised by these startups has reached $2.3 billion to date.

growth-positive

The Negev region in Israel is becoming a hub for technological innovation, with Tech7 Venture Studios Magnet Accelerator playing a key role in fostering early-stage startups. The accelerator recently held a Demo Day, where entrepreneurs from health, cyber, and hi-tech sectors presented their ideas. Three companies that stood out were Lasting Effect Consumer Pharma Ltd., which is developing a platform for buccal drug delivery; BioSWIFT, which is developing a software-based rapid genomic sequencing test; and Vdeep, which provides real-time language translation in video streams.