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Ukraine crisis highlights need for new food technology, OurCrowd CEO tells CNBC

Global shortages and price hikes need urgent solutions, says Jon Medved OurCrowd CEO Jon Medved talks to CNBC’s Hadley Gamble  By AMY TEIBEL  The threat to global food and energy security and sudden price hikes triggered by the Russian invasion of Ukraine highlight the urgency of accelerating new innovations to solve these problems, OurCrowd CEO Jon Medved told CNBC Wednesday.  Ukraine and Russia’s massive footprint in the wheat export market has exposed the weaknesses of the global food-supply chain, with critical wheat shortages rippling across the globe as a result of the conflict, he said.  “The next generation of food is going to be grown differently,” Medved told CNBC’s Hadley Gamble in an interview.  “It’s going to be grown in vats, it’s going to be grown in factories, robotically, smartly, with a much smaller greenhouse-gas footprint,” Medved said.  He noted that such advances would benefit countries throughout the Middle East facing sharply rising food prices.  “This is going to happen, and the opportunity that this provides for our partners in the Gulf is huge because it’s going to require...

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Medical startups get up close and personal

Three Israeli MedTech companies offer major advances in tailor-made medicine Nobel laureate Aaron Ciechanover vividly remembers the day the first partial genome was published in April 2000. It was a landmark moment, heralding the promise of personalized medicine, tailor-made to individual patients. Today, scientists can sequence a whole genome “in no time,” and together with other scientific advances, they “have tools to profile the patient, to the very last detail, almost to the very last detail,” Ciechanover told a webinar on precision medicine hosted by OurCrowd and featuring three of its portfolio companies. “Now we can connect it also to the treatment, and we can monitor whether patients do respond to treatment, and how they respond to treatment, how they develop side effects,” says Ciechanover, winner of the 2004 Nobel prize for chemistry. “If you connect all these data, you are generating unbelievable predictive tools.’’ Ciechanover now serves as the scientific advisor to OncoHost, one of three OurCrowd startups discussing predictive diagnostics at the webinar: Sequentify, whose sample-processing technologies dramatically reduce the time and cost of next-generation DNA sequencing;...

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OurCrowd High-Tech Jobs Index Q4 2021

Israeli high-tech startups plan hiring spree in 2022 as pandemic recedes Battle for software/R&D staff intensifies amid shortage of qualified candidates As pandemic fears decline, startup recruitment plans rebound in sharp reversal from Q3 2021Job-seeker’s market continues as majority of startups increase recruitment in Q4 2021 and make plans to hire more employees in 2022Majority of startups report widespread shortage of qualified candidates with software/R&D staff most in demandHybrid work patterns continue, but may harm productivity for some companies“We’re now growing almost 100%, across R&D, operations and sales.” – Dror Talisman, CEO of NeuroBrave Ltd“It’s harder to find people with certain specific expertise. The ‘fight’ over highly qualified hires has increased in Q4 over Q3. In multiple cases we had to raise salaries to fight and get the employee on board.” – CEO, Israeli high-tech startupPLEASE NOTE: This report was compiled before the Russian invasion of Ukraine The OurCrowd High-Tech Jobs Index is a quarterly report and data series tracking vacancies and hiring patterns at high-tech companies in Israel and abroad. All data is based on a survey and the Portfolio Jobs...

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Fintech Week Tel Aviv 2022

21-23 MARCH 2022 | TEL AVIV STOCK EXCHANGE Fintech Week Tel Aviv 2022 21-23 MARCH 2022 | TEL AVIV STOCK EXCHANGE finechweektelaviv.com Fintech Week Tel Aviv is an annual conference bringing together players from a host of global fintech hotspots and financial services world to look at the very latest issues, deliberate, share ideas and look at ways to collaborate and do business, all under the Tel Aviv sun. As Covid-19 continues to cast its shadow of upheaval, the accelerated digitisation of the economy that it’s triggered has given rise to new opportunities for the fintech sector and placed it firmly in the spotlight. Challenges aside, the sector is poised to leverage its unique attributes to aid the recovery process, and to bolster financial services. This means also that there is much to discuss. Fintech Week Tel Aviv 2022 will delve into the issues, look at the pain points, and successes, and what we have learnt during the past, highly turbulent 24 months. With a thriving entrepreneurial culture, deep pool of talent, penchant for disruptive innovation, Israel is a...

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OurCrowd High-Tech Jobs Index Q3 2021

Demand for high-tech employees 244% higher than 2020, but post-pandemic slowdown looms Hybrid working increases Job vacancies at OurCrowd companies in Q3 2021 rise 244% year-on-year to more than 3,528; new daily vacancies rise from 31 to 47Most high-tech companies plan to slow down their hiring plans in 2022Hybrid work trend increases – more than 80% of companies expect hybrid working to continue into 2022, with employers in central Israel expanding recruitment in the peripherySoftware engineers, business development and operations specialists most in demand“We are increasing our hiring in R&D and sales. We moved to a hybrid model from complete working from home with new offices” – Kfir Kimhi, CEO, ItsMine The OurCrowd High-Tech Jobs Index is a quarterly report and data series tracking vacancies and hiring patterns at high-tech companies in Israel and abroad. All data is based on a survey and the Portfolio Jobs section of the OurCrowd website, where more than 100 portfolio companies list current vacancies (4th edition: November 2021). EXECUTIVE SUMMARY Total job vacancies rise by 244% percent from Q3 2020 to Q3 2021...

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