One of the most advanced drone-in-a-box systems is produced by Airobotics, an Israeli company. Read more on The Economist here.
Social Bicycles, now officially known as Jump Bikes, has just closed a $10 million Series A round led by Menlo Ventures with participation from Sinewave Ventures, Esther Dyson and others. Read more on TechCrunch here.
In the NYPA project, mPrest’s software prevents transformer failures before they occur. Read more on Forbes here.
OurCrowd Ltd., a Jerusalem-based crowdfunding investment platform comparable to AngelList, is raising a $100 million fund to finance early-stage companies focusing on artificial intelligence, deep-learning and robotics. Read more on Bloomberg here.
Wonder what it’ll be like to ride a Hyperloop system from a passenger perspective? We know the trains will move really, really fast – but how will we interface with them, plan trips and book tickets? Read more on TechCrunch here.
One year after launching out of stealth, Israeli robotics startup Intuition Robotics has announced a fresh tranche of funding and the launch of a beta program that will introduce its ElliQ robot to homes across California and Florida. Read more on VentureBeat here.
Another automotive tech startup to reach new heights this year — and bringing us one step closer to self-driving cars — was the Kfar Saba-based Innoviz Technologies, which developed a 3D remote sensor based on LiDAR (Light Detection and Ranging) to generate a precise and constantly updating 3D map of a car’s surroundings. Read more […]
Kia Benhia from PowWow Mobile said application strategies fit into one of four Rs that include retiring, refactoring, rewriting and replacing applications. Read more on Forbes here.
Out-of-state banks originated 8% of commercial real estate mortgages New York City and 11% each in Chicago and Los Angeles, according to CrediFi data for the first six months of the year. Read more on Forbes here.
Where things gets particularly clever (or scary, depending on your feelings about job automation) is that TechSee will then use these videos to train an AI program to do the troubleshooting in future. Read more on The Verge here.