Warren Buffett’s Berkshire Hathaway strikes again, this time buying Israel’s Ray-Q, a military electronics company that supplies connectivity equipment to the military and aerospace industries. The acquisition is the 3rd Israeli company bought by Buffett. To read more about Buffett’s latest acquisition in Israel and Ray-Q, click here.
When people think of innovative technology, they don’t normally think of elevators. And while they may be quite safe to use, conventional elevators are still built mostly from mechanical systems that cannot communicate with each other. Israeli startup, Escalade Innovative Solutions, seeks to change all this and jump-start the elevator industry, which seems to have been overlooked by the high-tech industry. To find out more, click here.
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Trending Israeli Entrepreneurs
Two Israelis win Nobel Prize in Chemistry
Arieh Warshel and Michael Levitt are this year’s winners of the Nobel Prize in Chemistry. Both Arieh and Michael were researchers at the Weizmann Institute prior to moving to the US in order to continue their award-winning research. To read more about Arieh and Michael and their great achievement, click here.
Start-up Nation – Trip report
Jeff Bussgang, a seasoned venture capitalist form Boston recently visited Israel with a group of friends and colleagues to tour the ‘Start-up Nation’. After returning to the US, Jeff sat down and wrote a report of his impressions on Israel, one of the world’s most vibrant startup ecosystems. To read the full report, click here.
Top 10 incredible Israeli advances in vision
Israel is home to a growing medical device industry. It’s developed an advanced infrastructure of medical and paramedical research as well as bio-engineering capabilities. To learn more about the amazing innovation in vision happening in Israel, click here.
OurCrowd’s News Nuggets
Israeli startup, Kido’z raises $1.2M from Lool Ventures (GeekTime)
Automate your grocery shopping with Israel’s Smartli (NoCamels)
Samsung seeks to open startup incubator in Israel (Haaretz)
Israeli mobile app, Appoxee raises $1.8M (TechCrunch)
