Tag: intel

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: 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: NVIDIA CEO: Everyone wants Israeli companies

Israel’s innovation is being noticed: The CEO of NVIDIA says “One of the things I’ve learned about Israeli companies is that everyone wants them” and Intel Capital president says that often Israel generates better ideas than Silicon Valley. To date, Intel has invested $435M in Israeli startups. Israel is on track for attempting its landing on the moon as Beresheet spacecraft successfully enters lunar orbit. Join me at NOAH Tel Aviv on Wednesday with an OurCrowd discount code (see below). Startup Nation and beyond The new weapon against money laundering gangsters: Banks and law enforcement agencies are turning to artificial intelligence (AI) to help combat the growing problem. Eilat inks deal with skyTran, taking step toward futuristic pod transport system. From Forbes: How social robots could help older patients help themselves.  Top tech news this week Enterprise Software…Edgybees launches API developer platform Argus, bringing situational awareness to live video feeds. Mobility…Mahindra to lead $500 million Series E funding in ZoomCar. Healthcare…President of the state of Israel unveils groundbreaking holoscope technology at Toronto’s University Health Network, featuring RealView. News from the Industry  Life without banking and credit cards in 2019 can feel like a real stretch...

Read More

In the News: Samsung’s latest acquisition – is one of our own

This week we congratulate our portfolio company Corephotonics, which was acquired by Samsung – so proud of David Mendlovic and team! In other news, Intel will invest an unprecedented $11B in an Israel factory, creating around 1,000 jobs. Take a sneak peek at some of the incredible sessions we have lined up at the 2019 OurCrowd Global Investor Summit, and don’t forget to register. Startup Nation and beyond Check out this piece, Start-ups on High Road to China, which features myself, a leading VC from China, and entrepreneurs across sectors. Working with China and the US “is going to require some fancy footwork”, I recently told Bloomberg. I am ready to dance…read more here. Airobotics adds LiDAR into aerial drones, expanding use case possibilities. Top tech news this week  Consumer Hardware…Eurofins UK and Consumer Physics launch an advanced on-farm feed analysis solution in UK. FinTech…Insurance Company Lemonade Tops $57 Million in Revenue in 2018. Agriculture…Taranis Launches Industry-First Automated Crop Emergence and Stand Count Solution. News from the industry  “Over Valentine’s Day weekend in 2016, a winter storm wiped out most of New England’s peach crop — a development that left Sweetgreen’s supply...

Read More

With Intel’s $15B Mobileye acquisition, Israel drives the global mobility sector forward

It’s no secret that Israel has been driving the mobility sector forward for years – and this week, Startup Nation has zoomed past another milestone: Intel announced yesterday its $15 billion acquisition of Jerusalem-based Mobileye, a leader in the autonomous driving industry, creating waves across the global mobility scene and making it Israel’s biggest acquisition of all time. But yesterday’s announcement did confirm two things the world may not have known: Israel is actually earning the title of world leader in autonomous driving. Big money is getting behind and moving the big business of autonomous driving. This event has major implications for the entire mobility industry as Intel not only backs but leads the race. More specifically, Israel’s active role as an innovation powerhouse in the mobility space is crystal clear. Intel plans to base its entire autonomous driving operation to Israel, with Mobileye’s CTO and co-founder, Prof. Amnon Shashua, leading the division. According to the Jerusalem Post, Intel felt “…keeping the operations in Israel, at Mobileye’s Jerusalem offices, was critical to Intel when cementing the deal… the larger corporation understands Israeli culture.” Honda, Ford, and other...

Read More

Latest from Twitter