Hyperloop One conducted the first full-scale system test (via The Verge), achieving full vacuum conditions in its closed-tube environment with a test pod that’s the actual size of what it envisions for its production systems. Read more on TechCrunch here.
Intuition Robotics, maker of the ElliQ robotic elder care assistant, and opened an office in San Francisco. As it looks to grow staff and ramp up testing of the product, the company has raised another $14 million, this time from Toyota Research Institute (TRI). Read more on TechCrunch here.
Several investors in Israel’s start-up scene reacted positively to the new funds. “We don’t view more players as competition, we love more players,” said Jon Medved, CEO of equity crowdfunding platform OurCrowd. “I don’t worry about my piece of the cake, I’m just happy the cake’s getting bigger.” Read more on CNBC here.
Israel has been buzzing with activity the past week. Authorities rolled out the red carpet for Narendra Modi, marking the first time a sitting Indian prime minister made an official state visit to Israel. During his trip, Modi forged multiple pacts with his Israeli counterpart Benjamin Netanyahu covering innovation, technology, defence, water conservation, agriculture management […]
That’s where Israel’s Argus Cyber Security comes in. They don’t believe there’s a single solution either, and during a live demonstration to TechCrunch, they proceeded to attack a car while I was literally driving it. Argus provides solutions to customers like car makers via a dashboard manufacturer view they hold at their HQ. This can […]
The company that makes the command and control system at the heart of Iron Dome, mPrest, is making rapid inroads over the last few years into civilian applications for its systems, which seem made for the emerging internet of things (IOT). Read more on CNBC here.
“We lead in robotics, precision agriculture, and everything having to do with water, dairy farming, drones, machine learning,” says Jon Medved, CEO of OurCrowd, a platform for investors to provide venture capital funding for startups. “And as India modernizes in terms of moving ahead on digital payments and e-gov, Israel becomes a very strategic partner […]
Zebra Medical Vision and Telerad Tech, the technology arm of India’s first and largest teleradiology company – Teleradiology Solutions (TRS) corporation, announced today that they have signed a partnership to bring Zebra-Med’s cloud based deep learning analytics engine to over 20 countries and 150 hospitals and healthcare organizations. Read more on Business Wire here.
The announcements follow a flurry of recent tie-ups. Indian Angel Network, the country’s largest angel investor group, said last week it was starting operations in Israel, and India’s biggest marketplace for startup funding, LetsVenture, agreed last week to work with Israeli equity crowdfunding platform OurCrowd. Wipro Ltd. entered a partnership with Tel Aviv University to […]
OurCrowd just closed three deals with India, joining with Reliance Industries for a hi-tech incubator that helps to grow young companies in Jerusalem, bringing Israeli technology to India with Reliance Capital, and collaborating with India’s Lets Venture to invest in start-ups. Read more on New York Times here.