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CTech's Weekly Roundup of Israeli Tech News

CTech's Weekly Roundup of Israeli Tech News

In a busy week, Mobileye sketches autonomous vehicle future; In 2018, investors doubled down on Israeli artificial intelligence startups

CTech  :  2019-01-11T10:48:52..

In a busy week, Mobileye sketches autonomous vehicle future. In an interview with Calcalist CEO Amnon Shashua outlined Israel’s robotaxi future. Mobileye announced a new automatic measure to reduce accidents and a series of collaborations with government agencies and private companies at the CES. The company’s chief technology officer Shai Shalev-Shwartz told Calicalist that Mobileye's mathematical approach is the key to the autonomous vehicle revolution.

Mobileye autonomous vehicle. Photo: Mobileye Mobileye autonomous vehicle. Photo: Mobileye Mobileye autonomous vehicle. Photo: Mobileye

In 2018, investors doubled down on Israeli artificial intelligence startups. Israel-linked AI companies brought in $1.89 billion in funding in 2018, according to a new report. Read more

Israeli tech companies organize stand-up nights, single mingles to win over talent. From organizing social events and entertainment shows to giving away drones and computers, Israeli tech companies are getting creative in their recruitment efforts. Read more

This high-tech ultrasound comb tears lice from the inside. The device developed by Tel Aviv-based startup Parasonic is expected to hit the shelves next summer, with a price tag of $100-$120. Read more

German mapping company HERE launches social mobility app. The German mapping company believes people like their solo driving time but will choose to band together for a shared goal or need. Read more

Forget booze, this folding robot is hosting bring your own laundry nights. Foldimate claims its laundry folding robot prototype can fold a full load of laundry—around 25 items—in under five minutes. Read more

The alleged sweet life of Israeli supermodel Bar Refaeli. As a way to evade Israeli taxes, Refaeli’s earnings were allegedly registered under three companies in the Virgin Islands, Cyprus, and Singapore, one of them called Sweet Life, according to indictment documents. Read more

Copaxone profit will continue to fall, but Teva is set to double down on Biosimilars. Speaking at J.P. Morgan’s Healthcare Conference on Monday, Teva CEO Kåre Schultz said he expects the U.S. generic market to stabilize in 2019. Read more

M&As and IPOs

Cloud backup startup CloudEndure confirms acquisition by Amazon. Read more

Cancer treatment company Anchiano Therapeutics wants to list on Nasdaq. Read more

Keystone dental to merge with Israeli dental implant company Paltop. Read more

SolarEdge buys industrial machinery firm SMRE as part of electric vehicle push. Read more

Radware buys Indian bot management company ShieldSquare. Read more

Startup fundings

Wells Fargo, Hill-Rom participate in $39 million round for Medtech company EarlySense. Read more

Goldman Sachs backs video advertising startup Innovid with $30 million investment. Read more

Celgene backs immunotherapy company Biond Biologics. Read more

Drone delivery startup Flytrex raises $7.5 million. Read more

Cybersecurity startup Cynerio raises $7 million. Read more

High-resolution screen inspection startup InZiv raises $2.5 million. Read more

Digital legal aid startup Litigate raises $1.5 million. Read more

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