Tag: cnbc

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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In the News: Who’s hungry for FoodTech? We are

The food industry is GIANT – $12 trillion and growing. The transformation of the food industry is active around us, from tech companies developing foodtech solutions related to composition, like Beyond Meat, as well as supply chain and analytics. Check out my 3-minute interview on CNBC where I talk about why I’m bullish on food companies, and read on below for more tech industry highlights from the week. (CNBC) Startup Nation and beyond Congrats to LED lighting communications infrastructure company, Juganu, on their $23M raise.  OurCrowd portfolio company CyberMDX’s latest discovery: Flaws in hospital anesthesia and respiratory devices allow remote tampering. PitchBook’s rank of Israel’s 11 most active VCs – with OurCrowd proudly at the top – see it here. Top tech news this week Marketplace…Hong Kong travel activities startup Klook ready to take on Europe and Klook Says Visitors to Southeast Asia Increasing (Bloomberg). Healthcare…INSIGHTEC Receives FDA Approval and CE Mark for Exablate Neuro With GE SIGNA Premier MR System. Enterprise Software…TechSee Launches Industry’s First Visual Automation Solution for Contact Centers. News from the Industry  Founder Stories with...

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