Tag: mobileye

In the News: See the list of Tel Aviv’s hottest startups, life-saving tech, & more

In the News: See the list of Tel Aviv’s hottest startups, life-saving tech, & more

Aug 26, 2019 |

Did you know? “Tel Aviv is the city with the highest number of startups per capita in the world, according to the 2018 Global Startup Ecosystem report — more than 6,000, of which 18 are unicorns.” See Wired’s list of Tel Aviv’s hottest startups, including OurCrowd portfolio companies Zebra Medical Vision and Arbe Robotics. This week Amazon officially announced its launch of operations in Israel, while Intel unveiled its first AI chip, which was developed in Israel. The chip was designed to target large data centers and is already being used by Facebook. Congrats to soil analytics startup CropX on its $10M raise, which OurCrowd was happy to take part in. Startup Nation and beyond Startups saving lives: Check out the research showing Israeli startup MedAware can reduce prescription errors and save up to 100,000 lives, and read up on Edgybees’ lifesaving drones. From the Sussita to Mobileye, what is the secret of Israel’s automotive technology success? Why Israel is automotive tech’s global engine. The revolution is coming – Sight Diagnostics’ 10-minute blood test device shifts focus from lab to doctor’s...

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

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

Mar 14, 2017 |

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...

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Rev your engines: Expert panel explores what’s next in autonomous driving

Rev your engines: Expert panel explores what’s next in autonomous driving

Jan 19, 2016 | ,

At this year’s CES, driverless car technology was not just one of the hottest trends, it was THE hot trend.” – OurCrowd Investments Partner David Stark “Safety is the main reason that this will become the norm, not just a fancy feature for premium cars.” – Mobileye VP of Business Development Yonah Lloyd Science fiction writers and fans have been dreaming up self-driving cars for almost 100 years. In July, CNBC reported Google’s claim that autonomous cars will finally be available to consumers as early as 2020. It seems that nothing is putting the brakes on driverless cars, and the startup scene is helping drive the industry forward into safer territory with companies like Cruise, Delphi, Valeo, and Israel’s very own Mobileye, a technology company that develops vision-based advanced driver assistance systems providing warnings for collision prevention and mitigation. OurCrowd recently hosted a live conversation with Yonah Lloyd, VP of Business Development at Mobileye; Greg Moran, Co-Founder and CEO of Zoomcar; and Steven Millward, editor-in-chief of Tech in Asia, each bringing their unique viewpoint as we explore what’s next in autonomous driving. The conversation was...

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Beam Me Up, Scotty! The Next Generation of Transportation Technology

Beam Me Up, Scotty! The Next Generation of Transportation Technology

Aug 5, 2013 | , , ,

Is it a bird? A plane? Neither, in fact; it’s the Hyperloop, the soon-to-be-released tube-based transportation system and newest brainchild of Elon Musk, founder of PayPal, Tesla, and SpaceX. Heralded as the “fifth mode of transportation” – the other four being the train, plane, automobile, and boat – the Hyperloop is expected to traverse the approximately 350 miles between San Fransisco and Los Angeles in 30 minutes, which averages to a speed of 700 miles per hour, just shy of the speed of sound. Can this be done? After spurring disruptive innovation in other industries, has Mr. Musk finally gone Hyperloopy? Or, like Ford with the popular automobile and the Wright brothers with the airplane, will this herald the new method of transportation that will forever change the rhythms of our lives? The Hyperloop is just one example of a larger trend towards the next generation of transportation, a shift that will indelibly change our lives. In this post, I would like to discuss 3 areas of  massive change : the Hyperloop personal space flight innovation for automobiles The...

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