Israeli startup ElectRoad is taking a novel approach by creating special roads that charge vehicles. The company is initially targeting the public transit market. As reported in NoCamels: Using specialized electromagnetic induction technology, the same basic principle behind wirelessly powering smartphones, ElectRoad powers electric cars with renewable energy while you drive. By supplying electricity to the car wirelessly […]
Category: Latest News Israel
Intuition Robotics has invented an artificial intelligence-driven robot companion to keep the elderly engaged with the world. As reported in Israel21C: Elli•Q is the brainchild of Intuition Robotics, a Ramat Gan startup pioneering social companion technologies. The robot’s mission is to be an “active aging companion,” keeping older adults engaged by helping them access and connect […]
The latest financing round means that the startup could be Israel’s newest unicorn with a company value exceeding $1 billion. As reported in Globes: Israeli flash storage company Kaminario announced it has closed a $75 million financing round. This bringing the company’s total funding to $218 million since it was founded in 2008. The latest […]
The Israeli cyber security think tank has also signed a strategic partnership with Citigroup and has now raised $92 million. As reported in Globes: Microsoft Ventures and Qualcomm Ventures have invested in Israeli cybersecurity think tank and venture creation foundry Team8. The Tel Aviv based company also announced today that it has signed a strategic […]
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Israel’s exports up 3% in 2016
The Israel Export Institute predicts 6% export growth in 2017. As reported in Globes: Israel’s exports of goods and services totaled $95 billion in 2016, 3% more than in 2015, according to an initial summary by the Israel Export and Industrial Cooperation Institute published today. Excluding the sale of startups and diamonds, exports totaled $86 […]
The Rehovot based augmented reality company has raised $45 million this year. As reported in Globes (edited): Israel augmented reality company Lumus Ltd. announced today that it has raised $30 million in funding from strategic investors including Taiwan’s Quanta and HTC. Lumus plans to use the new financing to expand development, operations, and marketing of its […]
Magisto, AnyClip, Taboola, Crossrider and Trax top fastest-growing Israeli tech, media, telecommunications, life sciences and energy tech companies. As reported in Israel21C: Twenty-seven Israeli companies are included on this year’s Deloitte Technology Fast 500 EMEA list, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in Europe, the Middle […]
Israeli startup Nexar has decided not to wait for autonomous cars to make car travel safer. The Tel Aviv-based company says it has created the world’s first vehicle-to-vehicle (V2V) network that aims detect dangers on the road and prevent collisions. As reported in The Times of Israel: Nexar uses a V2V network that features real-time warning […]
Life On Air’s Houseparty, which allows large groups to participate in live chat, is one of this year’s most popular apps. As reported in Globes: Israeli startup Life On Air Inc. has raised $52 million for its live video chat app Houseparty. The financing round was led by Sequoia Capital with the participation of previous […]
Sol Chip Comm enables data-driven optimizations for reducing water consumption and improving crop yields. As reported on Sol-Chip.com Sol Chip, an innovative provider of Internet of Things (IoT) systems and energy harvesting solutions, has announced the introduction of its Sol Chip Comm™ autonomous, wireless, solar tag for enabling precision agriculture and smart irrigation. The Sol […]
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