Who has entered the Covid-19 vaccine race and how long will it take for the impact of 5G to be felt?

Elicio Therapeutics enters Covid-19 vaccine race, reports success in pre-clinical trials. Boston company partially owned by Clal Biotechnology Industries plans to advance to clinical trials in Q4. Read more

Autonomous vehicle vision edging closer to reality with verification by Israel's Foretellix. As ADAS becomes standard, Israeli autonomous car tester is spoiled for customers, even during Covid-19. Read more

Israel Innovation Authority receives a $114 million budget boost. Government’s tech investment arm says fast track grants to struggling startups have proven most effective in helping early-stage tech companies survive the Covid-19 crisis. Read more  

Urban Aeronautics signs deal with US-based Hatzolah Air to develop its flying ambulance. The company’s vertical takeoff and landing aircraft is expected to be completed in 3-5 years. Read more

Cannabotech wants to raise $6 million in Israel’s first crowdfunded share issuance. Developer of medical solutions based on botanical combinations of cannabis extracts and fungi is planning to become a public, non-traded startup company. Read more  

4 female Israeli founders chosen for European Woman in Tech Award ahead of London Tech Week. The entrepreneurs, who come from a variety of business fields, will later speak in specialized London Tech Week events in September. Read more  

The impact of 5G will only be felt in three years, predicts Amdocs exec. Avishai Sharlin, president of the technology division at Nasdaq-listed billing company Amdocs, spoke Monday at Calcalist’s online convention on 5G networks. Read more

GovTech Incentive Program renewed by Israel Innovation Authority and Israel National Digital Ministry. Each year, 10 million shekels are put towards solutions for public sector challenges. Read more

Opinion | Israel has an untapped resource to help your company take over the world. When trying to break out of their natural habitat, companies should take advantage of an underutilized asset that is free, accessible in their mother tongue, and potentially encapsulates valuable data, resources, and relevant networks-- that's right, meet your embassy. Read more