Source: Jerusalem Post Israeli start-ups are of key importance to South Korean technology giant Samsung’s innovation push, senior officials said on Sunday, as the company held its fifth annual Samsung Innovation Summit in Tel Aviv. “I think the Israeli start-up ecosystem is extremely important and that’s why we do this event every year, bringing together […]
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Gett readying for IPO
Gett expands pre-IPO financing round to $200m. The current round is meant to last the Israeli on-demand transport services company until an IPO late this year or early next. Source: Globes Israeli taxi-hailing app company Gett has announced that it has raised $120 million in debt and equity and is readying for an IPO. Gett […]
Source: Politico It is one of the biggest hurdles NASA must overcome before astronauts embark on long duration space travel to Mars or building permanent settlements on the moon: how to minimize the heavy toll exacted on even the most physically fit human bodies in zero gravity. Indeed, when astronauts return from orbit they can […]
Source: Forbes The strength of Israel’s startup culture and the quality of the technology coming out of the ‘startup nation’ is drawing increasing numbers of visits from the CEO’s of leading companies around the world. Many, including Walmart’s executives and CEO Doug McMillon, are making repeated visits to Israel. Not only are they gathering key […]
Source: The New Yorker Earlier this year, Hanan Melcer, the chairman of Israel’s Central Elections Committee and a veteran justice on the Supreme Court, summoned representatives from major U.S. social-media and technology companies for talks about the role he expected them to play in curbing online deception during the country’s election, which took place on […]
Source: Ctech Online insurance company Lemonade Inc. has signed a $300 million series D round led by existing investor SoftBank Group, the company announced Thursday. Allianz, General Catalyst, GV (formerly Google Ventures), OurCrowd, and Thrive Capital also participated. The round, which will close during the second quarter of 2019, brings Lemonade’s total funding to date […]
Source: Israel21c The rise of so-called “superbugs” is reaching epidemic levels. Today, nearly 700,000 people around the world die not from the illness for which they went to the doctor or a hospital but from an infection resulting from contact with antibiotic-resistant bacteria. One of the ways superbugs develop is when a patient is prescribed […]
Source: Forbes As Israel’s innovation in medtech draws attention from around the world, its health care system is also consistently rated as one of the best in the world. Israel has done this this by optimising patient treatment through making medical data easier to access for medical institutions, researchers and entrepreneurs. Whilst many of Israel’s […]
Source: The Jerusalem Post On the 28th of March Israel and Australia signed ‘a draft income tax treaty’. The Treaty is set to come into effect from the 1st of January 2020, subject to ratification from each country. Click hear to read The Jerusalem Post’s summary of the treaty.
Source: Reuters McDonald’s Corp said on Monday it would buy Israel’s Dynamic Yield, whose technology helps marketers personalize customer interactions, to boost its online marketing efforts. McDonald’s will pay more than $300 million, a person familiar with the matter said. McDonald’s said it would use Dynamic Yield’s technology to change its digital Drive Thru menu […]
