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Rewalk gains CE mark for EU sales

Source: noCamels Note Australia has an agreement facilitating the recognition of the EU CE mark within the equivalent medical registration scheme (TGA). ReWalk Robotics, the maker of wearable robotic medical devices for individuals with lower limb disabilities, announced that its ReStore rehabilitation suit for stroke victims received CE marking, clearing its path for sale to […]

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Israeli Biotech startup combines AI and immunology to better predict drugs

The world of pharmaceutical drug development and discovery is notoriously complex, expensive, and slow-moving. It can take billions of dollars and between a decade or two from the research and development stage to market approval. And rightly so. After all, human lives are at stake. But imagine if you could feed data about a new pharmaceutical drug […]

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NASA looks to Israeli biotech firm

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 […]

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Softbank leads Israeli new gen insurer, Lemonade, in $300M round

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 […]

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Macdonalds to buy Israeli company Dynamic Yield

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 […]

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10 Israeli Startups Shaping The Cities Of Tomorrow

Source: Forbes This new neighborhood will be the first in the world to be built “from the internet up” and will be able to run itself through the collection and monitoring of data from traffic, noise, air quality, waste and the residents’ daily habits. Cities around the world are increasingly taking on the goal of […]

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Artificial Intelligence within Israel high tech ecosystem sees major growth

Source: nocamels Israeli companies specializing in artificial intelligence raised nearly 40 percent of the total venture capital funds raised by the Israeli tech ecosystem for 2018, despite accounting for just 17 percent of the total number of innovative technology companies in the country, according to a report this month by Start-Up Nation Central (SNC). A […]

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Israel’s Economy Is Too Strong to Argue About

Amid upcoming elections, Israel’s economic performance is just too strong to become a major debate topic. Israel’s gross domestic product has been rising at an average annual rate of 3.69 percent since 2000, inflation has been negligible at 1.57 percent, and unemployment has fallen to half of its average for the period of 7.4 percent. […]

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Israel’s Aptitude for Computer Vision

Source: Financial Times The Financial Times explores the emerging powerhouse of Computer Vision and the key role Israel is playing. Computer Vision is a new frontier, with endless applications and opportunities. The ability to use computer power to not only gather information but anaylse, understand and decide the best course of action can drastically alter processes […]

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Dual-listing potential for Australia’s ASX and Tel Aviv Stock Exchange

As reported by Globes.