India’s Zoomcar — which operates an on-demand car rental service — has raised a $40 million Series C round led by Mahindra & Mahindra, the 70-year-old Indian corporation that specializes in automotive. Read more on TechCrunch here.
CrediFi examined a sample of $150 billion in loans secured by 5,000 commercial properties across the U.S. that were originated from 2003 through the first six months of 2017 and found that almost all the multifamily CMBS loans originated pre-crisis have left the CMBS world since 2009. Read more on Forbes here.
Israel punches well above its weight on the world stage, especially when it comes to tech startups. As I detailed back in October 2017, while there is one trait the region could rid itself of, the DNA of the region lends itself to success. Read more on VentureBeat here.
Ahead of the plan’s upcoming submission for Cabinet approval, Prime Minister Benjamin Netanyahu, Prime Minister’s Office Director General Eli Groner and National Economic Council Chairman Prof. Avi Simhon, today, met with global leaders in the field of medical innovation who are attending the Our Crowd Global Investor Summit in Jerusalem. Read more on Prime Minister’s […]
Israeli global equity crowdfunding platform OurCrowd today announced that its Labs/02 seed stage incubator in Jerusalem will invest in up to 100 early stage startups over the next ten years. Read more on Globes here.
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.