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The company’s AI technology for analyzing 3D aerial images will help the Japanese conglomerate to improve the accuracy of the risk assessment and underwriting processes
Sompo will use the Israeli company's technology to improve risk assessment and underwriting accuracy in property insurance.
Supersmart's systems scans and validates the contents of a supermarket cart in three seconds.
Sure-Tech R&D Partnership raises NIS 26m in TASE IPO Sure-Tech R&D Partnership for investment in insurtech and fintech has raised NIS 26 million, including NIS 5 million from the general partnership, in its Initial Public Offering (IPO) on the Tel Aviv Stock Exchange (TASE). Sure-Tech CEO Ran Tzror said, "We are setting out on a partnership whose declared aim is to make quality investments in startups in the fintech and insurtech sectors in Israel accessible to the investing public. I believe in the ability of the team that we have formed to make good deals that will bring value for investors...
Millennium Food-Tech leads $5m investment in TripleW TripleW has developed an industrial process for producing lactic acid from food waste. Millennium Food-Tech R&D Partnership (TASE: MIFT) has announced that it is leading a $5 million investment round in the Israeli startup TripleW, which has developed an industrial process for producing lactic acid from food waste. Lactic acid is the basis for manufacturing the renewable bioplastic polylactic acid (PLA). Millennium will invest $3 million in TripleW and the remaining amount will be raised from existing and new investors, as part of a SAFE (s...