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 […]
Category: Top Stories
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 […]
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 […]
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 […]
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. […]
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 […]
As reported by Globes.
Australia’s richest man believes robots could be the answer to the agricultural labor shortage, as farmers demand the Morrison government come up with a solution to a shortfall of 100,000 workers that has left fruit rotting across the country. Mr Anthony Pratt,t he executive chairman of packaging giant Visy Industries and a food security philanthropist, said […]
Source: CNBC Singaporean investment firm Temasek Holdings is set to acquire Israeli cyber security company Sygnia for $250 million. Sygnia’s technology ‘offers “military grade security”‘ that simulates various cyber attack scenarios that increase the of understanding of decision makers and enhances their decision making to more effectively protect ‘networks and critical assets’. The technology helps […]
Source: 9News Sydney’s B-Line buses are trialling potentially life-saving technology to help avoid accidents before they happen. The Mobileye safety devices have been fitted to 38 vehicles and use audio and visual alerts. The trial comes as the New South Wales Government releases shocking vision of just how close some pedestrians are cutting it. […]
