Three selected news about business, innovation and sustainability from Israel. Today the three fields are: AI & Fertility, Algae: Superfood of Evolution, Clean Beach Index: Sustainability Declining
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AI & FERTILITY > Fairtility™ $15 Million Series A
Fairtility™ , the transparent AI innovator powering in vitro fertilization (IVF) for improved outcomes, today announced the completion of a $15 million Series A funding round, bringing total funding to $18.5 million to date. The round was led by Boston based, Gurnet Point Capital, and included Nacre Capital and additional investors.
Lacking objective and consistent methods for consolidating and interpreting end-to-end data from the embryology lab, IVF yields suboptimal and inconsistent outcomes. Yet, reproductive health professionals have been slow to adopt AI technologies more commonly used in other areas of healthcare, due in part to the lack of transparency in AI analysis. Fairtility challenges this paradigm by transforming AI-decision-making in IVF into a transparent process for both clinicians and patients with CHLOE EQ™ (Cultivating Human Life through Optimal Embryos), Fairtility’s Embryo Quality Assessment Assistant.
ALGAE: SUPERFOOD OF EVOLUTION > Finding of Weizmann Institute of Science
Even the smallest organism can have a major influence on the evolution of life on Earth. Microscopic algae that inhabit the sunlit waters of the ocean surface are not only responsible for about half of the photosynthesis on the planet but are also valuable as a nutrient-rich food source sustaining the entire marine ecosystem. In their recently published study, Prof. Itay Halevy and Dr. Shlomit Sharoni from the Weizmann Institute of Science’s Earth and Planetary Sciences Department reveal the processes that made these miniscule organisms such a good source of nutrition for others higher up the food chain – and how this in turn advanced evolutionary change over the past half a billion years.
CLEAN BEACH INDEX > NO GOOD NEWS
Data from the “Clean Beach” index for the first half of May show that 76.9% of the open (undeclared) beaches measured were rated clean to very clean, a significant decrease from the previous index of 86.3%.
The cleanest coastal authorities (with a very clean score) are Mate Asher, Acre, Kiryat Yam, Haifa, Tirat HaCarmel, Netanya, Herzliya, Hof Hasharon, Bat Yam, Tel Aviv-Jaffa, Gan Raveh, Ashdod. One coastal authority was rated “dirty” – Hof Ashkelon Regional Council.
The budget for the Ministry of Environmental Protection’s Clean Beach Program for 2022 is the largest since the program began, and stands at NIS 16 million. 2022 is the 17th year of the Ministry of Environmental Protection’s Clean Beach Program, which has been operating since 2005 with the aim of minimizing the hazard of coastal and marine waste in Israel and to act to clean up the beaches and the sea in accordance with the international commitment, for the benefit of the environment and the public in Israel.