The startup responsible for the command and control system behind the Iron Dome missile defense system is now supplying critical infrastructure support to New York’s largest public power organization. The Petah Tikvah-based mPrest, a provider of mission- critical monitoring, control and analytics software for utilities, has deployed a predictive health analytics application to enhance the […]
“The deal confirms Israel’s global leadership position in autonomous driving technologies,” said Jon Medved, chief executive of OurCrowd, a venture firm with investments in the sector. “The deal will also increase attention and funding for the already burgeoning Israeli cohort of next generation autonomous driving technology startups.” Read more on ABC News here.
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. It will be the largest takeover of an Israeli tech firm and follows a series of deals and […]
Engie, the Israeli startup that offers a car diagnostics device and app to enable you to better understand the health of your car, and is tied to a marketplace for local mechanics, sees its full U.K. launch today. Priced at £14.99 for Android users or £19.99 for iOS, Engie’s Bluetooth device plugs into you car’s […]
In February, my team went on a four-day innovation technology tour to Israel. We met with more than 25 startups and led panel discussions on innovation at the 2017 OurCrowd Global Investor Summit. The trip impacted how we are thinking about innovation and what is happening in retail right now. Read more on Forbes here.
Hi-tech in general, and start-ups specifically, are male-dominated. That’s even truer when you are talking about the start-up automotive arena, says Gal Aharon, co-founder and chief marketing officer of Engie. Her company designed a special automotive malfunction reader that plugs into your car to assess a problem, then transports the data on the malfunction via […]
Freightos is a fast-growing, Israeli-headquartered SaaS software company designed to simplify the complicated and archaic shipping business. Founded by software engineer and serial entrepreneur Zvi Schreiber in 2012, the firm works with 90 percent of the top freight forwarders and automated 60,000 price quotes in the last quarter. Today, the company, not only helps freight […]
Investor Mike Granoff likes cars. As the head of Maniv Energy Capital, he was one of the first to put money into Better Place. Following the high-flying electric car startup’s collapse, Granoff turned his focus to the next big thing in transportation – the growing field of vehicle autonomy (i.e. driverless cars) and other ways […]
Innogy (IGY.DE) has signed a deal with Israeli company OurCrowd that will give the German utility access to the crowdfunding firm’s pipeline of start-ups in return for providing access to its customer base, Innogy CEO Peter Terium said on Tuesday. Terium said his company would spend “several million euros” from a 130 million euros ($137.79 […]
CyberX, a security provider that specializes in industrial control systems (ICS) and the Internet of things, recently reported on an advanced threat called Operation BugDrop. The sophisticated malware, they say, has already exfiltrated hundreds of gigabytes worth of data. CyberX has tallied at least 70 organizations victimized by BugDrop so far. They range from a […]