Author: OurCrowd

What is bringing Startup Nation to the developing world? [OurCrowd Newsletter]

What can be done to bring Israel’s technology and innovation to the developing world?  Read up on this news item and more from the Startup Nation, below… Start getting this weekly newsletter via email: Subscribe now Here’s one way to bring Startup Nation to the developing world Israel is one of the world’s innovation giants. However, at present, most Israeli technologies benefit just 15% of the world’s population in the developed world. Read more. OurCrowd & Portfolio Companies in the News Zebra featured in VentureBeat Freightos featured in CNBC BioCatch featured in Enterprise Times   Israel signs R&D cooperation deal with Chile Agreement will connect startups, technology and research on desert irrigation and development of solar energy. Read more. Geektime’s first Devfest kicks off in Tel Aviv for Techfest 2016 Developers from across Israel and the world gathered in Tel Aviv for the country’s first ever Devfest. Read more. US-Israeli foundation to invest $12M in first responder tech All in all, the total $12M, which will include private sector funding, will be distributed over three years. Read more. Israel fund to raise $50M to...

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[Syqe in Reuters] Teva Pharm to market medical cannabis inhaler in Israel

Israel’s Teva Pharmaceuticals has partnered with Tel Aviv-based Syqe Medical to market in Israel medical cannabis for pain management that is administered with an inhaler. The companies said in a statement on Monday that this is the first time the medical cannabis sector has complied with pharmaceutical standards for inhalation, which is the most efficient means for administering the plant. Read more on Reuters...

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[Zebra in The Times of Israel] Israel’s Zebra helps users get second opinion on scans

CT scans don’t always provide all the answers patients are looking for, but getting a second medical opinion costs time and money. Now Israeli startup Zebra Medical Vision has machine learning platform that can provide those second opinions. Zebra’s online software, called Profound, reads data from CT scans, analyzes the information and produces medical reports with 90 percent accuracy, the company said. “Usually when you go to the hospital for a visit, for example, if you have a chest pain, you go for that particular symptom. The doctor looks for that specific sign looking for the cause, but there is always something that he can’t find, and often he doesn’t have the time to look at the entire scenario,” said Zebra’s CEO Elad Benjamin. Read more on The Times of Israel...

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[OurCrowd in The Sydney Morning Herald] The new hot spot for Australian start-ups

“It just seems like it’s raining Aussies on us. I’ve never seen so many,” says Jon Medved, chief executive of OurCrowd and one of Israel’s leading hi-tech venture capitalists. After a period of “clearly not enough” investment in innovation, Australia seems poised for a “really great moment”, he believes. It looks like we’re about to realise we can “actually make [money] on minds not mines”, he says in his Jerusalem office, his voice as loud as his floral-themed shirt. Read more on The Sydney Morning Herald here....

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[Freightos in CNBC] Low freight rates aid rock bottom Black Friday prices: Data provider

Black Friday this week will feature cut-throat deals, but how can this be profitable for retailers? Rock bottom freight rates are contributing to the offers. A deep slump in shipping volumes spurred by weaker demand for commodities and slower global trade has a silver lining in sending bulk and container rates to record lows, allowing good to be shipped at low costs, according to real-time freight rate database Freightos. Figured pulled from the database by Freightos highlighted a few key products that may fill holiday season shopping baskets at lower costs because of shipping rates, noting for example than a $2,000 Apple MacBook Pro costs $1.50 to import into the U.S. by freighter. Read more on CNBC...

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