CTech's Monday Roundup of Israeli Tech News

Coronavirus shockwaves already felt in Israel. All Israelis returning from China will be subject to a two-week quarantine at home, under the Israeli Health Ministry’s supervision. Read more

 

CureTech’s cancer-fighting dreams end with insolvency. After an acquisition deal with pharmaceutical company InSight fell through in 2018, the company failed to secure further funding. Read more

WeTechBerlin | These Are the Startups Selected to Showcase Their Technology in Berlin (Part 4). The fourth group of startups selected to participate in CTech and Calcalist's upcoming conference in Berlin revealed: Anachoic, Bllush, Arbe, GK8, Guardian Optical Technologies, SmartGreen, Freightos, Quicklizard, Zugreifen. Read more

Intel’s Israeli export went up by over $2.7 billion in 2019. The chipmaker’s export from Israel totaled $6.6 billion in 2019, compared to $3.9 billion in 2018. Read more

SBI holdings invests $20 million in API startup OpenLegacy. OpenLegacy develops an application programming interface integration service that helps companies extend their legacy systems to the web and offer additional services. Read more

Hyundai backs voice user interface startup Kardome. Kardome develops a multi-user speech-to-text algorithm that hones in on a person’s individual voice, as opposed to also picking up wind noise or background music in acoustically challenging environments. Read more

Valens CEO Dror Jerushalmi steps down citing personal reasons. Serial entrepreneur and Valens board member Gideon Ben Zvi will succeed Jerushalmi. Read more

Itamar Medical upsizes Nasdaq public offering to $35 million. The Nasdaq and Tel Aviv-listed medical diagnosis company originally planned to raise $30 million. Read more

Industrial AI startup aquant raises $30 million. Aquant develops and markets machine learning software that mines historical data for insights that can shorten machinery downtime. Read more

Cisco backs software testing startup SeaLights in $8.6 million round. SeaLights develops a cloud-based software testing automation service designed to identify and prevent untested code changes. Read more