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After the $15B Mobileye acquisition: What’s next for Startup Nation? [OurCrowd Newsletter]

After the $15B Mobileye acquisition: What’s next for Startup Nation? [OurCrowd Newsletter]

Mar 20, 2017 |

We just had one of the most exciting events occur for the Startup Nation- the Mobileye acquisition. What lies ahead? Read up on this news items and more below. Start getting this weekly newsletter via email: Subscribe now Intel’s Mobileye deal marks Israel as autonomous tech hub Israel’s emergence as a center for automotive technology got a vote of confidence on Monday when Intel Corp. said it would pay $15 billion for Mobileye NV, a Jerusalem-based maker of chips and software for driverless cars. Read more. OurCrowd & Portfolio Companies in the News Zebra featured in Huffington Post Engie featured in TechCrunch CyberX featured in PR Newswire Argus featured in Globes VocalZoom featured in Jerusalem Post OurCrowd featured in Crowdfund Insider   Israeli tech firms revving up engines for self-driving cars As the world moves toward an era of self-driving cars, Israel is positioning itself to be the Detroit of the future. Read more. Catching up to Tel Aviv, Jerusalem rising in world’s ranking of start-up hubs “With a population of almost 1 million – one-third of which is Muslim – Jerusalem’s start-up ecosystem thrives on diversity...

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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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Israeli tech to protect Mars astronauts & more [OurCrowd Newsletter]

Israeli tech to protect Mars astronauts & more [OurCrowd Newsletter]

Mar 13, 2017 |

What is Japan seeking in Israel and why has Israel become the “perfect health tech incubator”? Read up on these news items and more below. Start getting this weekly newsletter via email: Subscribe now Israeli tech to protect Mars astronauts set for moon mission trial The AstroRad Radiation Shield has been devised by Tel Aviv-based StemRad, which has already produced and marketed a belt to protect rescue workers from radiation emitted in nuclear disasters. Read more. OurCrowd & Portfolio Companies in the News mPrest featured in Israel21c BioCatch featured in Nanalyze UPnRIDE featured in Globes   Retail tech innovation is booming in Israel We met with more than 25 startups and led panel discussions on innovation at the 2017 OurCrowd Global Investor Summit. Read more. Israel’s Mobileye sets Guinness World Record for VR Surprise presentation at meeting of global CEOs garners 1,867 simultaneous viewings of a virtual reality experience of riding in a driverless car. Read more. Cooperation between Israel and Japan in the Life Sciences So, what, one might ask, is Japan seeking in Israel? The answer: world class R&D and innovation that, combined with Japanese...

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Another win for startup investments between Israel & Germany [OurCrowd Newsletter]

Another win for startup investments between Israel & Germany [OurCrowd Newsletter]

Mar 6, 2017 |

New partnerships between Israel and Germany, and is Israel making America great again? Read up on these news items and more below. Start getting this weekly newsletter via email: Subscribe now OurCrowd, Germany’s Innogy team on Israel investments Leading German energy company innogy SE and Israeli equity crowdfunding platform OurCrowd have announced a new business partnership. The partnership will scout investment opportunities at Israeli startups for the energy market. Read more. OurCrowd & Portfolio Companies in the News Freightos featured in Forbes Celeno featured in Yahoo Finance Splacer featured in Globes Can Israel’s high-tech sector make America great again? Here, in Israel, a joke is making the rounds. How does a Saudi do business with an Israeli? Very quietly. Read more. Israeli startups raise $700M in 2017 so far Israeli startups are keeping pace with last year when a record $4.8 billion was raised, according to IVC. Read more. Germany seeks Israeli technology Israeli companies and startups are now being invited to partake in the economic boom in North Rhine-Westphalia. Read more.   News Nuggets Israel’s LightCyber bought for $105M (NoCamels) Israeli company XACT Robotics raises...

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From Ballistics to Blackouts: How One Company Uses Israel’s Military Technology to Help Power Utilities, Keep Lights On

From Ballistics to Blackouts: How One Company Uses Israel’s Military Technology to Help Power Utilities, Keep Lights On

Mar 1, 2017 | , ,

Guest post by Phillip Fine, Jerusalem-based writer/editor.  There’s commercialization of military know-how and then there’s Israel’s commercialization of military know-how. Take mPrest Systems Inc., a software maker headquartered in Petah Tikva, a city of 231,000 roughly 11 kilometres east of Tel Aviv. That company is selling the software that Israel used in Iron Dome – its system for shooting down Hamas rockets — to electric power utilities to help them prevent blackouts. Specifically, by polling sensors, the software allows an electric utility to monitor its equipment. The utility can then better predict when a transformer might pop, thus allowing for repairs before the electricity goes off. One customer, the New York Power Authority, has already used the software to pinpoint transformers that it didn’t even know were problematic, says Natan Barak, mPrest’s CEO, who spoke to Media Line at the OurCrowd global investor summit in Jerusalem Feb. 16. mPrest hopes to sell the software to other electric utilities in the U.S., as well as to power companies in Asia. In fact, the company is customizing its product so utilities...

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