The Waze of public transportation: Moovit raises $28M
The Israeli public transportation crowdsourcing app, Moovit, recently landed a large investment from high-profile venture capital firm, Sequoia Capital. Moovit, which launched in 2012, has reeled in over 3 million users by offering real-time information for any kind of public transportation, even ferries! (the boat, not Tinkerbell). To read more about Moovit and the investment round, click here.
Technology Corner
The top 10 medical innovations to look out for in 2014
The Israeli medical technology scene is hotter than ever. In the past decade, Israeli breakthroughs in the medical and pharmaceutical sectors have drawn the attention of global Fortune 100 companies, who are on the prowl for new investments and acquisitions. So, Israeli tech blog, Israel21C has rounded up the top 10 companies to watch out for in the coming year of 2014. To find out who made the final cut, click here.
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Trending Israeli Entrepreneurs
Meet UpWest Labs 6th graduating class
International start-up accelerator program, UpWest Labs, opened an incubator in Israel 2 years ago, targeting new innovative talent in Israel to bring them to Silicon Valley for an intensive 4 month startup bootcamp. Since setting up shop in the Holy Land, UpWest Labs has had six graduating classes. To read more about UpWest’s five graduating startups this year, click here.
Israeli NGO brings Start-Up Nation innovation to Africa
With the highest rate of startups per capita in the world, Israel is known for its innovation. Now, there’s an Israeli not-for-profit organization that is looking to share this wealth of knowledge with a much needed part of the world, Africa. To read more about how Israeli technology is helping Africa reach its untapped potential, click here.
The past, present, and future of crowdfunding
OurCrowd’s Zack Miller recently visited Harvard Business School after graduating almost 20 years ago from the world-renowned college. In early December, Zack was a guest speaker on a crowdfunding panel that identified trends in the industry and discussed the bright future for investors in private companies. To read more, click here.
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OurCrowd’s News Nuggets
CareFusion buys 40% of Caesarea Medical Electronics for $100M (Israel21C)
Israel’s Scent2You aims to bring Smell-O-Vision to tablets (Times of Israel)
Israeli startups participate in PayPal’s new startup incubator (GeekTime)
The Israeli startup that’s challenging Google Glass(Haaretz)
Israel’s ooVoo and Fring on The Next Web’s top 10 calling apps (TNW)
