CTECH

CTECH – Israel’s Latest Technology and Innovation News

By Steve

Posted on November 4, 2020

CTECH – Israel’s Latest Technology and Innovation News

1,000 people solve a tech riddle for a chance to work for eBay in Israel. The tech giant posted a test on its homepage to help it recruit new developers, in one day 1,000 candidates competed for 20 open positions. Read more

Israel has amazing companies, we’d be glad to work together, says Emirati CEO. Israel is very big in retail tech, which the UAE needs, says founder of company that operates 1,800 stores. Watch full video

Israel’s IDI Insurance and Japan-based MSI launch ‘The HUB’ to promote innovation. The partnership will help the two nations develop innovative solutions for the insurtech spaces in Israel and Japan. Read more

Omnix Medical completes $8.5 million round to develop next-generation antibiotics for treatment of life-threatening infections. The Israeli startup has successfully completed testing in animals and the new funding will allow it to begin clinical trials with humans. Read more

Israeli tech can benefit from a new generation of UAE investors taking the reins from their fathers. The younger generation of investors want to diversify their portfolios, but require the know-how that Israelis can provide, says Obediah Ayton. Watch full video

Israel’s Nurami Medical raises $6 million for tissue repair solution.
The company’s innovative approach relies on synthetic nanofibers to speed up repair of tissues after brain surgery. Read more

Citi Accelerator TLV announces companies taking part in 10th cohort. The 2020 cohort focuses on areas like AI, cybersecurity, insurance, and money laundering. Read more

Work routines are a lot more flexible post-Covid-19, says Riskified’s VP of HR. The workforce has seen many changes in 2020, but for Riskified not all of them have been negative, as Rotem Amitai tells CTech. Read more

Analysis | Trump, Biden? It doesn’t matter, Israel has already won. No matter who sits in the White House, U.S. aid is still guaranteed and the world’s only superpower will continue to be the primary target for Israeli exports. Read more

Delivery drones edging closer to becoming a reality in Israel. Drones are now being used at the Ziv Medical Center in Safed to deliver medicine and test kits within its complex. Read more

Cybereason uncovers North Korean malware used against companies around the world. Researchers at the cybersecurity firm identified a new spyware suite dubbed KGH_SPY, used by a group with North Korean ties. Read more

The Israeli market is small, yet mature, says Accel VC partner. Andrei Brasoveanu, partner at the U.S. venture capital fund Accel, speaks about his investments in Israeli companies, says managers and investors should continue closing deals, even over Zoom. Read more

Tech experts from Israel and UAE join forces to prepare the leaders of tomorrow. Speaking to Yarden Rozanski at Calcalist’s UAE conference, the two tech entrepreneurs discussed the normalization ties and what it means for the two ecosystems. Watch full video

UAE looking forward to buying Israeli oil in new trade deals. Talking to Calcalist’s Tamar Tunik, ATS’ Managing Director Avinash Gandhi discusses how the normalization between Israel and the UAE will help trade deals. Watch full video

IDC Herzliya launches The Pafos Innovation Institute in Cyprus. The institution will award graduate degrees and focus on problems facing east Mediterranean countries, such as water, security, and energy. Read more

The Israeli spirit of entrepreneurship is a crucial element in the collaboration with UAE. The spirit of Israeli entrepreneurship can help the UAE expand its unique technological ecosystem, says Yifat Oron, head of Leumitech. Read more

Opinion | Even the most important elections in recent memory can’t burst through the Silicon Valley bubble. For Israelis in the California tech community, the choice is between Trump who is seen as good for Israel and Biden, who is less off-putting. Read more

Emirati financial executive urges Israeli companies to set up business in the UAE. Arshi Ayub Mohamed Zaveri, CEO of Trust with Trade Group and an adviser to the Emirati royal family, believes there are numerous economic opportunities for both countries. Watch full video

Senior Bank Leumi executive excited about massive business potential between Israel and the UAE. The bank will be organizing the “Israel Dubai Conference” with Calcalist and Reshet 13 to be held in the Gulf at the end of November. Read more

Arieli Capital and China Merchants Group ink deal to build ocean technology innovation center. The innovation center, which will be established in Southern China’s city of Sanya, will be led by Arieli Capital and will incorporate an investment fund, accelerators, and incubators. Read more

UPL director optimistic about potential agritech collaborations between Israel and UAE. The company’s director shares some of his predictions about the countries and any role they might play together.
Watch full video

DiplomaTech | The age of Zoom has helped speed up tech deals between Israel and India. The prices there may be lower, but India’s sheer market size makes it worth it for Israeli companies, says Israeli trade rep to New Delhi. Read more

Expert highlights 10 legal issues that arose in the age of video calls. From layoffs to sexual harassment, GKH’s labor law expert Yael Dolev presents the heated problems in today’s work environment. Read more

“This is a great opportunity to secure ties and relationships with our cousins in Israel,” says Emirati executive. “I have seen a lot of projects built on trust in the past and today they are worth billions,” says Farid Al Zarooni chairman of AngelWorld BioTech. Watch full video

Going Big: Israeli 3D printing company signs $80 million deal with Italy’s Biesse Group. MASSIVit 3D, the maker of large-format three-dimensional printers expects to sell 20-40 new machines a year. Read more

With a SAP collaboration and a round A underway, Pico comes out punching from Covid-19 crisis. The Israeli startup is currently working with over 60 sports teams globally from some of the biggest leagues in the world and was selected to take part in SAP’s first-ever fan experience–focused startup accelerator program. Read more

AI light company Juganu launches J.Protect to help ‘inactivate’
Covid-19. The system is backed by Comcast Ventures, Viola Growth, Amdocs, and others to help make public spaces safer as the world battles lockdowns. Read more

LivePerson to lay off 30 Israelis in the wake of a new deal with India’s Infosys. The Indian giant is shifting LivePerson’s cloud-based activity to the public cloud, 30 other Israelis to transfer to Infosys following the strategic agreement. Read more

Opinion | The moment we start investing in socially marginalized communities and not just in Unit 8200 alumni. The government attempts to integrate diverse populations into the Israeli ecosystem have failed – it’s time for a new, long-term, approach. Read more

Pac-Man’s revenge: Old-school arcade games are making a comeback. Tomer Eisner left behind a tech career to construct nostalgia-driven consoles in his living room and sells them at $2,000 a pop. Read more

Working during the pandemic is a lot like being in space. Employees working from home experience stress, loneliness, and anxiety, yet this is not dissimilar to what astronauts experience in space. Neta Parnas-Vizel, a sociologist explains how to resolve that and more. Read more

Predictive intelligence company Windward announces partnerships with four shipping companies, seven member clubs. The Israeli company helps the maritime industry make real-time, predictive intelligence-driven decisions with its AI technology. Read more

Opinion | Science naturally evolves, Covid-19 threatens to politicize that. While politicians are used to being hated, the real victim of recent times is probably science. Read more

Appointments | Noa Tamir appointed Calcalist’s VP of Business Development. “I’m happy to be joining Calcalist’s excellent team. I’m certain that we will be able to bring innovation and creativity into our work during this challenging time,” said Tamir. Read more

Online privacy company Kape raises $115 million in a share offering to the public. The offering will allow the Teddy Sagi Group cybersecurity and privacy protection company to continue expanding its activities through strategic acquisitions and organic growth. Read more

Rabobank invests in Israeli foodtech company InnovoPro. “We believe chickpea will be a leader in the next wave of non-animal protein sources,” says head of Rabo Food & Agri Innovation Fund. Read more

Testing and measurement startup INCRMNTAL raises $1.4 million in pre-seed. The company was created after Apple made significant changes to its advertising model, with Google expected to follow. Read more

Agri-tech R&D partnership Smart Agro raises over $7.5 million in Tel Aviv IPO. “Despite the challenging times, the IPO and the demand show that the Israeli public believes in Israeli agri-tech,” said Smart Agro CEO Omri Rothman. Read more

Amid Covid-19, eToro is looking to hire 100 Israeli employees. The online trading platform has seen impressive growth during 2020, reaching 15 million users per month. Read more

Interview | “Everyone’s an expert in something,” Kasamba is taking the gig economy to the next level. The company’s new platform HeyExpert soft-launched six months ago and CEO Shpitalnik believes it won’t be long before it has many millions of users. Read more

Israel is ranked third in the world for tech, but can it hold its spot? StartupBlink joins CTech to discuss how Israel, a small and young country with few friendly neighbors, became one of the most influential tech ecosystems in the world. Read more

New guidelines allow business people from ‘red countries’ to enter Israel under strict restrictions. Meetings that are deemed as “essential” and cannot be held virtually allowed to go ahead in person for the first time since March. Read more

Opinion | Five patents you should know about for Halloween 2020.
Masks, decorations, and social distancing – here are the patents that are keeping us safe in a Halloween spooked with Covid-19. Read more

Appointments | TAU Ventures appoints Inbal Perlman as VP of Business Development. The former ‘Googler’ will help accelerate growth for the Israeli fund and portfolio. Read more

Israeli startup Monday.com is heading for a $4 billion Nasdaq IPO. The team management company has reached out to investment banks to support the move, targeting the first half of 2021. Read more

Amnon Shashua sets up NIS 100 million fund to aid small businesses.
Inbar Shashua Bar-Nir and Adi Atun to lead WE-19 foundation which will grant NIS 50,000 to 2,000 small businesses in three stages. Read more

World’s first AI satellite scans the Earth to find climate anomalies.
The technology developed by Intel Movidius uses artificial intelligence to differentiate between images and predict future weather events, while eliminating the need for human analysis. Read more

An inside look at how to get accepted to Israel’s top tech companies.
From answering inquiries on LinkedIn to pausing mid-interview to turn off the stove, HR professionals at leading companies explain how to increase your chances of securing a job. Read more

Round B | The tech community’s solidarity is a key feature of what makes us the Startup Nation. Shaul Olmert sheds a light on the behind the scenes acts of kindness that help make the Israeli tech sector thrive. Read more

What happened if you opened a new office in January, 2020? Finastra had to battle a global pandemic just one month after relocating. Here’s how the HR team tackled the challenge. Read more

Opinion | How predictive analytics can support effective lockdown management. AI-powered predictive analytics solutions can provide crucial insights to law enforcement teams, allowing them to fairly and effectively enforce lockdown restrictions and back up their decision-making with data. Read more