CTech's Tuesday Roundup of Israeli Tech News

Israeli entrepreneurs have a daring mentality, says Google mentor. Five Israeli startups are set to graduate at the end of July from the first cohort of Google’s startup residency program in Tel Aviv. Read more

Microsoft chairman among investors in telecommunication startup Drivenets. In February, Drivenets emerged from stealth with the announcement of $110 million in financing. Read more

Intended to increase competition, Israeli law pushes credit card fees up. In 2017, the Israeli parliament passed a law intended to increase competition in the financial sector. Among its clauses, the law mandated a separation between Hapoalim and Leumi, Israel's two largest banks, and their credit card subsidiaries. Read more

10 million passengers expected to pass through Tel Aviv’s airport in the next four months. August 22 is predicted to be Ben Gurion Airport’s busiest day, with 110,000 passengers expected to board or disembark from 600 flights. Read more

This Israeli college will let you major in cannabis—no, really. The medical cannabis program at Max Stern Yezreel Valley College will focus on growing and producing medical cannabis, as well as the economics and legal issues of cannabis. Read more

American Council of the Blind partners with visual aid company Orcam. Orcam’s finger-sized device is fitted with a camera and a microphone and clips onto glasses, discreetly reading printed and digital text aloud to the person donning the device. Read more

Check Point scouts for new headquarters. Check Point is looking for new offices that will house all of the company’s Israel-based employees, which number approximately 2,200, currently split among different campuses. Read more

Drone maker Aeronautics expands contract with South American government by $10 million. Aeronautics develops products for military drones across the entire supply chain, listing customers in more than 50 countries, including Israel. Read more

MedTech company Tamar Robotics raises $2.8 million. Founded in 2018 and based in northern Israeli Kibbutz Yagur, Tamar Robotics develops robots that assist neurosurgeons in the operating room. Read more

Electronics 3D printer company nano dimension to lay off 20% of employees. Nano Dimension develops and manufactures 3D printers for electronic components, with customers in the defense, automotive, consumer electronics, semiconductor, aerospace, and medical industries. Read more