Israel startup PsyRx produces pharmaceutical-grade natural psychedelic extracts for a new generation of mental health therapies.
“The world urgently needs a new way to treat mental health problems, and at PsyRx we believe that psychedelics are a big part of the solution,” said Itay Hecht, CEO and co-founder of the company that develops components of such psychedelics. Pharmaceutical grade from natural sources.
Using an agromedical bioreactor created at the Hebrew University’s Faculty of Agriculture, PsyRx produces psychedelic botanical extracts of psilocybin (sourced from “magic”...
Why did Israel’s technology do so well in 2021?
Despite the pandemic, a unique attitude towards business and life allowed the local industry to reach new heights at a difficult time for everyone.
We all know why an emerging nation like Israel has been able to move so far into the future in the last decade: compulsory military service, enormous influence from army intelligence units like the 8200, world-class universities, courage and a high propensity to take risks. .
While all of those reasons may be true, I think they paint only part of the picture.
How is it that in 2021 and during the pandemic, Israeli technology did so well? And not...
10 companies from Israel revolutionize the real estate sector
Alex Konoplyasty is a general partner at international technology investment firm Flashpoint Ventures. From that vantage point, he sees the building technology and property sector growing rapidly on Israel’s horizon.
This has been a contributing factor in London-based Flashpoint’s decision to open an office in Tel Aviv in 2019 and announce last March its plan to invest at least $100 million (some 320 million shekels) in new Israeli companies during the next biennium.
“We have $400 million (about 1.3 billion shekels) under our management and Israel has been a very important market...
In Israel they found a way to get electricity from seaweed
The Greek inventor Archimedes had his Eureka moment while taking a bath, but Israeli student Yaniv Shlosberg achieved that state of clarity when swimming in the sea one day.
Inspired by the sight of seaweed on a rock, he wondered if it could be used to create carbon-free green energy.
With some research and a subsequent publication, the answer turned out to be a resounding “yes”.
For a long time, the negative effects of using fossil fuels led researchers to look for cleaner, more earth-friendly ways to power the world.
One such line of research involves the use of living organisms as a source...
The Spanish venture capital The Foodtech Lab invests in the Israeli Better Juice
Better Juice has developed a technology to reduce the sugars in natural juices
The Foodtech Lab, the new initiative in the field of national venture capital promoted by a group of entrepreneurs and executives from the agri-food sector, has played a leading role in the investment round in which the Israeli startup Better Juice has managed to raise $ 8 million, It plans to devote to the construction of its first large-scale manufacturing plant in Israel.
Israel celebrates the New Year of Trees: Tu B’Shvat
Jews in Israel today celebrate the New Year of the Trees (Tu B’Shvat), a festival on the Hebrew calendar that is commemorated by eating nuts, drinking wine and planting trees, although it is not a holiday on the business calendar.
The occasion “represents a return to all that was Israel in the reign of King Solomon. It is a festival related to the land and everything that the land gives,” Rabbi Daniel Whiteman explains to Efe.
“This day many children plant trees in schools, which do not have to be fruit trees and are forming small groves,” he adds.
It coincides...