Avenas has won first place in the Rhodium Ventures 2025 startup competition, organized by the Hebrew University of Jerusalem School of Business and Rhodium Ventures, in partnership with Earth & Beyond Ventures, Kyocera and the MAAYAN Student Foundation. The startup secured an investment commitment of up to NIS 6.5 million from the Earth & Beyond Ventures fund, subject to a due diligence process.

In-flight cardiac arrest is extremely rare, yet catastrophic, and responsible for up to 86% of all deaths in the air. A new comprehensive literature review highlights systemic and policy shortcomings of current aviation safety standards, calling for global alignment. Recommendations include regulated and mandated automated external defibrillators (AEDs) on board, standardized cardiopulmonary resuscitation (CPR) protocols training, and integration of telemedicine. The article in the Canadian Journal of Cardiology, published by Elsevier, aims to inform policy regulators, airlines, and international aviation bodies to improve in-flight medical emergency preparedness and response protocols.

This study explores the profound implications of ambiguity aversion for asset price dynamics and wealth distribution. In a continuous-time macroeconomic model with heterogeneous agents and financial frictions, we demonstrate analytically and numerically that ambiguity aversion leads to a lower risk-free rate, reduced consumption, higher precautionary savings, and wealth redistribution, resulting in significant asset price misalignment. These distortions cause universal welfare loss, making a case for policy intervention. We find that while distortionary capital taxes can mitigate price misalignment, conventional monetary policy, if well-calibrated, can reduce distortions and improve welfare without such trade-offs.