CTech’s Tuesday Roundup of Israeli Tech News

Live broadcasting company LiveU expands to autonomous car market. Israel-based LiveU develops technology for live broadcasting and streaming over cellular networks, with an option for remote control. Clients include Fox News, BBC, and Facebook. Read more

China's DayDayUp to open Tel Aviv accelerator. The Chinese company already runs a program for Israeli startups in Beijing in collaboration with the Israeli Ministry of Economy. Read more

Centrica, Liberty Media, back cybersecurity startup Indegy. Tel Aviv-based Indegy provides cybersecurity technology for industrial control systems for manufacturing, pharmaceuticals, energy, and water companies. Read more

China's Sanan optoelectronics in talks to buy Israeli communication chips company ColorChip. The negotiated deal values the Israeli designer and manufacturer of communication components at around $300 million. Read more

Bolstered by business sector, Israel's national R&D expenditure hits 4.5% of GDP in 2017. In 2016, non-Israeli capital financed 55.6% of the civilian research and development expenditure in Israel. Read more

Home tech support startup Puls raises $50 million. Puls developed a marketplace that helps consumers connect with nearby technicians and service providers for electronics repairs. Read more

PepsiCo is eying Israeli foodtech startups. Three Israeli foodtech startups were selected to participate in PepsiCo’s 2018 Nutrition Greenhouse incubator program. Read more

Israel’s beloved chocolate-coated treat loses its bling. After five decades, popular Israeli chocolate-coated egg foam treat, Krembo, will be sold without its shiny aluminum foil wrapping, saving over 13 tons of aluminum per year. Read more

News Briefs

Israeli soccer club Maccabi Haifa launches sports-tech accelerator. Read more 

IT Services Company BD Innovations Raises $2 Million. Read more