- best investment opportunities
- Startup of the Week: Magdent Powering Dental Implant Success
- Wanted: More Investment in Breakthrough Climate Technologies
- Get Summit’s December Discount Until January 5th
- Air EV successfully completes test voyage
- Theranica: Migraine relief without drugs
- Insightec Receives FDA Approval; Patients Enrolled in Mayo Clinic Clinical Trials
- Dubai’s NOW Money Uses ThetaRay to Fight Financial Crime
- Japan’s largest freighter joins Freitos platform
- Cybersixgill: Cyberattack Costs to Reach $10.5 Trillion by 2025
- 4,000+ tech jobs
Startup of the week
Magdent: Empowering Dental Implant Success
Seventeen million dental implant surgeries are performed each year, many of which are unsuccessful due to slow healing processes. Magdent created a unique pulsed electromagnetic device that greatly reduces the risk of implant failure. The Magdent Miniature Electromagnetic Device (MED) is screwed onto the top of the dental implant and emits a pulsed electromagnetic field that stimulates bone formation and bone quality. Clinically proven to shorten the healing process from 6 months to 2 months and increase bone-implant contact by 48%. The Magdent-MED device is CE approved and protected by 17 approved and pending patents, with FDA submissions pending. Commercial sales are already underway in Israel and the EU. OurCrowd has been allocated in Magdent’s Series C funding round.
Wanted: More Investment in Breakthrough Climate Technologies
A fusion breakthrough in California last month serious problem Now we see it in impact investing. According to PwC, of his more than $33 trillion of assets under management, which are projected to be heavily focused on ESG investing by 2026, only about $260 billion has been invested in climate technology so far. Most of the funding goes to existing energy companies and multinationals, as well as new solar and wind farms. All of these are important, but equally important are startup technologies that break new barriers and deliver new solutions. OurCrowd invests in two of his fusion startups with top VCs. One is a well-known US-based project backed by the world’s leading investors in a $1.8 billion funding round.the other one is Early Stage Startup Based in Israel We are developing a container-sized clean energy fusion generator that can generate enough electricity for a small city. See our latest column for details.
Get Summit’s December Discount Until January 5th
The OurCrowd Global Investor Summit December 20% discount ended on December 31st, but readers of this newsletter can use a special promo code to take advantage of this special offer until January 5th. Exclusively available. XTRA20OurCrowd investors and partners can purchase free tickets, but space is limited. Apply now from the link below.
Air EV successfully completes test voyage
An electric vehicle designed to fly high above crowded streets in less time has made its first unmanned flight over southern Israel. Reuters reportA two-seater Air ONE made by an Israeli startup Air EV It has an altitude of 1,200 feet and can fly up to 100 miles on a single charge. The company plans to charge around $150,000, the price of a high-end luxury car, for the vehicle, which it expects to hit the market at the end of 2024. Air EV is currently fundraising on the OurCrowd platform.
Theranica: Migraine relief without drugs
At least 37 million people in the United States and 1 billion people worldwide suffer from migraines. Many standard pharmaceutical treatments have unwanted side effects, and some patients are unable to treat this often debilitating condition.Israeli startup Celanica Nerivio is the first drug-free wearable device approved by the FDA to treat migraines. Matthew Kalman writes in the days of IsraelA device worn on the patient’s arm releases electrical stimuli that trigger an analgesic response from the central nervous system to migraine nerve pathways in the brain. Nerivio named him one of Time magazine’s 100 Best Inventions of 2019. Theranica raised $45 million in its Series C funding round.
top tech news
Insightec Receives FDA Approval; Patients Enrolled in Mayo Clinic Clinical Trials
Breakthrough Acoustic Energy-Based Medicine from Portfolio Company insight tech We have reached two major milestones.company Received additional FDA approval For the treatment of essential tremor using the Exablate Neuro platform. Essential tremor commonly affects both sides of the body, and FDA approval will allow a patient to treat her second side at least nine months after her first side. On the other hand, the first patient Pivotal clinical trial It helps diagnose and monitor adult malignant brain tumors at the Mayo Clinic and the Sunnybrook Health Science Center in Toronto.
Dubai’s NOW Money Uses ThetaRay to Fight Financial Crime
Dubai-based mobile financial services pioneer Used by NOW Money Cloud-based anti-money laundering platform for portfolio companies Theta Ray Helps prevent financial crime in payment systems. NOW Money is the Gulf Cooperation Council’s first mobile banking provider, offering credit and cross-border money transfer options to workers of all income levels. NOW Money CEO Noel Connolly said:
Japan’s largest freighter joins Freitos platform
SANA Cargo, Japan’s largest freight forwarder, adds capacity to WebCargo, an online booking platform created by portfolio companies Freitos, Air Cargo News coverageANA Cargo has over 200 aircraft, serving more than 130 routes on five continents. “ANA Cargo continues to improve the customer experience through the introduction of digital technology. Expanding our electronic booking network via our platform is a big step towards this goal.
Cybersixgill: Cyberattack Costs to Reach $10.5 Trillion by 2025
investee company Cyber 6 Gill Cyberattack losses will reach $10.5 trillion annually by 2025 at current growth rates. IoT World Report. new report As for the threats cybersecurity departments will face next year, the company says AI will play an increasingly important role for both offensive and defensive purposes as it becomes more accessible and easier to use. We also expect the electronic payments space to become a leading source of data breaches as online payment platforms proliferate, fueled by the rise in online shopping during the coronavirus pandemic.
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