We just had one of the most exciting events occur for the Startup Nation- the Mobileye acquisition. What lies ahead? Read up on this news items and more below.

Start getting this weekly newsletter via email: Subscribe now

Intel’s Mobileye deal marks Israel as autonomous tech hub

Israel’s emergence as a center for automotive technology got a vote of confidence on Monday when Intel Corp. said it would pay $15 billion for Mobileye NV, a Jerusalem-based maker of chips and software for driverless cars. Read more.

OurCrowd & Portfolio Companies in the News

 

Israeli tech firms revving up engines for self-driving cars

As the world moves toward an era of self-driving cars, Israel is positioning itself to be the Detroit of the future. Read more.

Catching up to Tel Aviv, Jerusalem rising in world’s ranking of start-up hubs

“With a population of almost 1 million – one-third of which is Muslim – Jerusalem’s start-up ecosystem thrives on diversity and the actions of a helpful city government,” the report stated. Read more.

From tragedy to tech: Israelis and Rwandans partner to build the ‘African Start-up Nation’

Two Israeli entrepreneurs seek to use all their hometown resources to help support the Rwandan capital of Kigali on its journey to becoming the African Start-up Nation. Read more.

 

News Nuggets

  • BMW mulls Israeli smart car R&D center (Globes)
  • Israeli company Dyadic Security raises $12M (NoCamels)
  • Israeli app builder company ScyllaDB raises $16M (Globes)
  • Logistics platform company Bringg raises $10M (NoCamels)
  • Using robotics and ultrasound to guide and insert needles (Israel21c)

invite logo

Subscribe for weekly updates about the Startup Nation to your inbox.

See this week’s original newsletter here.