CTech's Wednesday Roundup of Israeli Tech News

Israeli innovation hub gets top marks in global competitiveness index. Israel was ranked 20th out of 140 countries on the index, weighed down by cumbersome business-related bureaucracy. Read more

Israeli court moves to block online gambling sites. While Israel plays host to numerous online gambling outfits, legislation prohibits offering such services to locals. Read more

 

Roquette backs Israeli seed breeding startup Equinom. Equinom is a computational breeding company developing high-protein legumes and other non-GMO specialty crops for the food industry. Read more

Israel helps fashion retailers set up stores on Amazon, eBay, and AliExpress. As part of a new government program, Israel now offers small and medium-sized fashion companies over $2,700 worth of consultation hours and assistance in setting up their online shop. Read more

Autotech startup Cognata raises $18.5 million. The Israel-based company develops a simulation program intended to train autonomous cars. Read more

Multinationals spent over $6 billion on research and development in Israel in 2016. Israeli startup executives took to social media in January voicing disapproval of recruitment tactics applied locally by multinationals, most specifically Amazon. Read more

Israeli Haifa Chemicals attracts a new bidder. Israel-based specialty fertilizer manufacturer Haifa Chemicals is one of the biggest global suppliers of potassium-nitrate. Read more

News Briefs

 

Low-cost airline WOW Air is flying to Israel again. Read more

Air India, El Al use online marketplace to buy airplane parts. Read more

Collaboration between the University of Michigan and Israeli science universities scores extra $20 million. Read more

WhiteSource raises $35 million. Read more