Author: OurCrowd

[Innoviz in Just Auto] BMW and Innoviz achieve Level 3 autonomous driving with the BMW 7 Series

The latest BMW 7 Series incorporates SAE Level 3 autonomy capabilities which means the car can perform some dynamic driving manoeuvres without human intervention. This achievement has been made possible by the OEM working with Innoviz, a leading manufacturer of high-performance LiDAR sensors and perception software. The two companies have worked together for several years on highly automated technology and autonomous driving capabilities. Read more...

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[OurCrowd in Jewish Insider] Israeli VC Medved in Abu Dhabi: Gaza conflict will be ‘subsumed in a movement of reconciliation and cooperation’ 

The situation in Gaza will be “subsumed in an overall movement of reconciliation and of cooperation,” Jonathan Medved, founder and CEO of OurCrowd, a Jerusalem-based venture investing platform, told a gathering of top business leaders in Abu Dhabi on Wednesday during the final leg of the 2023 Fortune Global Forum. The only way to get through disaster, he said, is to make sure communities have a culture of resilience in place to move forward. Read more...

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[Ursa Major in PR Newswire] Ursa Major Raises $138 Million to Introduce Solid Rocket Motor Line and Scale Rocket Propulsion for Space and Hypersonic Applications

DENVER, Nov. 30, 2023 /PRNewswire/ — Ursa Major, America’s leading privately funded company focused solely on rocket propulsion, today announced that it closed $138 million in its Series D and D-1 funding rounds. The investments were led by Explorer 1 Fund and Eclipse, and include RTX Ventures, funds and accounts managed by BlackRock, Exor Ventures, Mack & Co., LLC, XN, and other institutional shareholders. Read more...

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