Tag: incubator

In the News: Intel acquires Habana Labs, OurCrowd in New Zealand, & more

It’s been an active week for us as we begin the global expansion of our incubator business…..with our first international win, in New Zealand – hotbed of agtech/foodtech together with our partners Sprout, Finistere, Fonterra, and Gallagher…. In an exciting exit, Intel acquires Habana Labs for $2B. This news is obviously very positive for other companies in the AI accelerator chip business. Hailo, an OurCrowd portfolio company in which we are currently re-investing, is in this space with its edge devices which — according to Hailo — can now run deep learning applications at full scale more efficiently, effectively, and sustainably than traditional solutions, while significantly lowering costs. Great news from the SEC, proposing to make private investments (like OurCrowd) more accessible to the broader community. Kudos to Chairman Clayton and team….Read more on TechCrunch. Startup Nation and beyond Congrats to Arbe on its $32 million raise which OurCrowd was happy to take part in: Arbe raises $32 million to bring its high-resolution radar to autonomous vehicles.  Huge news: Israel’s Zebra Medical Vision has teamed up with Johnson &...

Read More

In the News: Who are Israel’s frontrunners for a major exit or IPO, according to Globes?

Very excited to open this week with two OurCrowd portfolio companies being headlined as the next big thing: “Despite the slower progress towards self-driving cars, Hailo and Cortica (Cartica) are Israel’s frontrunners for a major exit or IPO, or to become unicorns.” With regard to Hailo, “the term ‘breakthrough’ is not a cliché, but a fact.” Read why here. Additional kudos to automotive visual intelligence platform Cartica AI on the completion of its Series B investment round, which OurCrowd was proud to take part in alongside Continental, Toyota AI Ventures and BMW i Ventures. Further congrats to mobile app analytics startup and portfolio company Neura on its $16 million Series B raise. This Wednesday our team is excited to go up to Israel’s north and celebrate the establishment of the Northern FoodTech Incubator, along with Tnuva, Tempo and Finistere Ventures, as we hold a ribbon cutting ceremony! Join us.  Startup Nation and beyond Norway, we are ready! Norway’s $1 Trillion Fund Looking To Tap Tech Future Through Unlisted Investments. BYND inks deals with Dunkin’ Donuts, Subway, Tim Hortons, Del...

Read More

In the News: What’s hot in healthtech

Big news this past week as Zebra Medical Vision received FDA clearance for its AI-powered intracranial hemorrhage detection product, its second FDA approval in a month! Congrats to sugar reduction company DouxMatok on their $22M raise; OurCrowd is proud to take part in this effort to reduce the world’s sugar dependency. data.world is bringing data to the next level with its recent acquisition of Capsenta – read about it here, and find more top news below. Startup Nation and beyond New in medical cannabis: Syqe Medical releases its first cannabis inhaler. The latest on Intel and Israel: The reality of autonomous cars is beginning to feel closer as Intel’s Mobileye plans to launch a trial of robo-cabs next year in Israel. Intel has also announced its accelerator launch in Israel, which aims to give early-stage startups “a unique advantage in their quest to disrupt the future.” Sweetch on the front lines of disease prevention: Getting healthy with tech. Top tech news this week Enterprise Software…BriefCam Honored by Frost & Sullivan with Technology Innovation Award. Mobility…13 of the best auto-tech startups...

Read More

In the News: Announced: Winning consortium to lead Israeli FoodTech incubator…

Big announcement! After months of planning and presenting, we are proud to share that Tnuva, OurCrowd, Finistere Ventures, and Tempo Beverages have together been chosen by the Israel Innovation Authority to operate the new FoodTech incubator in the north of Israel! We are excited to be part of this initiative to establish Israel as a world leader in the FoodTech arena. In other news, OurCrowd is partnering with NOAH Advisors to promote startup investments in Europe. Congratulations to our Toronto-based portfolio company Wave, acquired by one of the world’s largest tax preparation companies, H&R Block; big win for Canadian tech. Pictured: Representatives from the FoodTech incubator consortium Startup Nation and beyond Insurance startup Lemonade expands into Europe with its launch in Germany. Venture fund of ABN AMRO Bank takes stake in big data startup ThetaRay, after the bank used the company’s software to “stay ahead of threats, including detecting money laundering, human trafficking and terrorist financing.” Yossi Boker, head of business development for the TSX/TSXV exchanges in Israel shares, “…if everything goes as planned, the list of Israeli companies on...

Read More

Latest from Twitter