Airobotics, a startup building autonomous drones for the enterprise sector that do not require humans to get involved in any aspect of operating them, has picked up $32.5 million in funding to expand its business into defense and homeland security, and to expand its business globally. Read more on TechCrunch here.
Israel’s Airobotics, a maker of automated industrial drones, said on Thursday it raised $32.5 million in a private funding round led by BlueRun Ventures China, Microsoft Ventures and OurCrowd.com. Read more on The New York Times here.
Real estate tech startup Amitree is making life easier for real estate agents, which it hopes will make life even easier for the homebuyers they work with. The company has raised $7 million to grow its Folio assistant for real estate agents. Read more on TechCrunch here.
Israeli prescription error elimination co startup MedAware has raised $8 million in Series A financing round with investments from BD (Becton, Dickinson & Co.), Gefen Capital, OurCrowd and Yingcheng City Fubon Technology Co. In addition, MedAware has received grants from Israel’s Innovation Authority and the BIRD Foundation, as well as from the European Commission as […]
Hyperloop One has achieved a new milestone in terms of making its Hyperloop vision a physical reality: The company completed a test on July 29, 2017 at its full-scale Nevada test track that travelled at high speed, running nearly the entirety of the 500 meter (1640 foot) test route. XP-1, the company’s first Hyperloop pod, […]
ProoV, a startup founded by a couple of industry veterans, solves a problem the founders encountered many times over the years: how do you get the CIO or CTO to agree to do a proof of concept for your startup to show that your idea will actually work as you’ve described. Read more on TechCrunch […]
LogMeIn, the company that provides authentication and other connectivity solutions for those who connect remotely to networks and services, has made another acquisition to expand the products it offers to customers, specifically in its new Bold360 CRM platform, launched in June. The company has picked up Nanorep, a startup out of Israel that develops chatbots […]
At the 2017 Forbes AgTech Summit, CropX CEO Tomer Tzach talked about his company’s cloud-based irrigation software system. Watch the video on Forbes here.
One potential adaptation to be made was in the differences of expectations that sometimes occurs, said Denes Ban, managing partner at Israeli high-tech crowdfunding firm OurCrowd. Those expectations center around the tension between getting funding and getting access to Chinese markets. Read more on CNBC here.
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.