CTECH – Israel’s Latest Technology and Innovation News
SPECIAL PROJECT | Most important Gateways to Israeli Tech – 2021. CTech’s guide to the most significant gateways and decision-makers in Israeli tech across a variety of sectors and categories. Read more
Incentives Solutions reveals JOOPY Tech, commissions solution for salespeople in high-tech. It will help companies manage the commissions of salespeople working from home during Covid-19. Read more
Eight things I learned as a senior NFL data analyst. Data analyst Alon Kremer, a Harvard alumnus, is the most senior Israeli working for the richest league in sports. Read more
Study finds startups with a founder who is the CEO raise fewer rounds. Fear of being pushed out of their own project, skews founder-CEOs decision-making. Read more
Doral energy founders invest $2 million in proptech company. Propdo AI develops technology capable of predicting residential real estate property prices for end-users. Read more
“In the banking sector there is no glass ceiling for women.” “In cyber, fintech, and commerce there are great opportunities, but we must bring investments from companies in the Arab world to promote women,” panelists say during women’s forum in Dubai. Read more
“Excessive regulation” to blame for delay in Israeli Covid-19 vaccine says professor in charge. Director of the Israel Institute for Biological Research says vaccines will be distributed in the summer of 2021. Read more
Wediggit and Jamf are set to manage Apple products in Greece and Cyprus. Wediggit started offering Jamf solutions in Israel, including a range of management, support, and data security solutions for Apple devices in 2016. Read more
Opinion | The evolution of the ‘Passion Economy’ – New trends on where to invest. The Passion Economy represents the intersection of entrepreneurship and the concept of a “job,” with huge implications for the future skills and capital required. Read more
Round B | Startup founders beware: There is such a thing as raising too much money. Shaul Olmert shares his take on how to choose a long-term backer and his strategy for raising capital. Read more
Israel to sell surplus F-16s to Canadian company for $100 million.
Defense Ministry is in negotiations to sell 29 used planes to simulate enemy forces in a deal set to be the largest sale of Israeli Air Force surplus yet. Read more
Amit Avner and partners establish $40 million fund to invest in startups. Operator Partners is expected to grow to between $50-70 million over the next year and has already invested in a massive 57 early-stage companies in the six months since it was founded. Read more
Traffic management company Waycare launches new project with government agency to help manage busy highways during construction. The agency said it observed an 11-minute reduction in the average time spent clearing incidents off the roadway by using Waycare’s tools.
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Israel’s Jolt is set to help UK citizens with training program for high-tech jobs. Under the British plan, Jolt will be training young British people in England to make them more desirable for the high-tech sector. Read more
Romance on the go: Bird and Bumble partner to help create meaningful connections. For the next four weeks, users can swipe and scoot for new opportunities to ride into the sunset. Read more
Former health ministry director general in talks to set up healthtech investment fund. One of the leading figureheads in the fight against
Covid-19 in Israel is in negotiations with Discount Capital, an investment subsidiary of Israel Discount Bank. Read more
Dubai Conference | “Israel will soon become a central axis for trade, just like it was during the Ottoman Empire.” Israeli and Emirati business people took part in a series of roundtable discussions on various ways to cooperate. Read more
Dubai Conference | Now is the time for global business leaders to capitalize on new developments, UAE minister tells Israeli delegation to Dubai. Bilateral agreements and projects are a testament to the many opportunities that lay ahead as we embark on a new era of economic growth, says Thani bin Ahmed Al Zeyoudi. Read more
Israeli cleantech startup Tipa raises $4 million from Millenium R&D partnership. Tipa has raised a total of $53 million for the development of its compostable flexible packaging. Read more
Emirati airline joins Israeli accelerator program for tourism startups. Etihad Airways joins other leading travel companies such as Booking and Amadeus. Read more
Interview | “Eytan Stibbe is leading the next wave of private astronauts,” says head of Ramon Foundation. The former fighter pilot turned businessman is breaking new ground for private space exploration, demonstrating the pioneering Israeli spirit. Read more
Analysis | Eytan Stibbe will blast off toward a new future of spaceflight. With plans for the next Israeli astronaut to fly aboard a SpaceX craft, commercialized spaceflight is bringing about a new era. Read more
Inventors of self-flying crop duster sue IAI for squeezing them out of project. Defense giant says the lawsuit is ‘baseless’ after former employee says he was fired so the company could develop the project behind his back. Read more
Communication was the number one priority for JP Morgan, amid Covid-19 in 2020. Speaking with CTech, JP Morgan Israel’s Head of HR, Moran Dori highlighted just how employees and managers kept up morale during a turbulent year. Read more
Interview | New collaboration let’s Israeli institutional investors dabble in tech while throwing startups a lifeline. TASE UP is a unique collaboration between the headstart group, the first and largest crowdfunding group in Israel, and the Tel Aviv Stock Exchange (TASE), aimed at connecting private companies interested in raising funds with accredited and institutional investors. Read more
Opinion | Do showrunners have an obligation to historic accuracy?
Popular culture is shaping people’s perception of the real world, but Hollywood often plays fast and loose when combining fact and fiction. Read more
Deloitte initiates equity-free program for Israeli growth-stage startups in the U.S. The program is designed to help selected Israeli startups expand their operations in the American market by providing founders support and access to Deloitte’s network and resources. Read more
SavorEat raises over $12 million at $51 million valuation in first-ever Tel Aviv foodtech IPO. The company has developed technology that enables it to produce meat substitutes, which combines materials formulated from plant sources, a robot that employs 3D printing, and advanced cooking methods. Read more
These five cyber vulnerabilities are exploited by hackers to attack Israeli companies. The cyber directorate has revealed the weaknesses attackers used to strike Israeli organizations over the past year. Read more
“The pandemic has given a push to invest in the gaming industry,” says NFX general partner. “The fact that people are locked in their houses causes them to want a different type of content, something that inspires togetherness,” says Ron Kaldes, CEO of Nintendo Israel. Read more
Dubai Conference | “Today, peace is being signed mainly for economic reasons,” says Bank Leumi CEO. Bank Leumi CEO Hanan Friedman made his remarks at the opening of the third day of the first Israel-Dubai Conference of Calcalist, Bank Leumi, and Reshet 13. Watch full video
Dubai Conference | Panelists predict prosperous partnership between Israel and UAE. “I don’t see too many obstacles going forward. Both countries need each other. I just see opportunities,” said Vikram Shroff. Watch full video
Dubai Conference | UAE head hunter: We are looking for Israeli tech talents. Speaking with Calcalist’s Sophie Shulman, Ritjana Ceveli talks about some of the things that might attract Israeli workers to relocate to the UAE. Watch full video
Dubai Conference | Ashdod Port hoping to collaborate with Emirati logistics multinational DP World. Orna Hozman-Bechor met in Dubai with CEO of DP World, who is looking to enhance collaboration in ports. Watch full video
Dubai Conference | UAE branding is “a source of economic strength and national pride.” Vibe Israel is dedicated to helping the country brand itself. Its founder and CEO Joanna Landau spoke with CTech’s Ron Friedman to discuss some of the best ways to do so. Watch full video
Dubai Conference | The UAE is a gateway for Israeli tech companies to expand to the Middle East, says Trackimo COO. Trackimo is one of the leading companies providing GPS tracking solutions for different purposes, personal safety and asset tracking. Watch full video
Dubai Conference | Peace between Israel and UAE is a “process” and will still take time, says CEO. CEO of Herzog Strategic, Ofer Sachs, speaks about how the two nations can work together in the future. Watch full video
Dubai Conference | New Emirati law allows for foreign ownership of businesses. Managing Partner at Herzog Fox & Neeman (HFN) Meir Linzen discusses how that impacts those seeking opportunities in the UAE. Watch full video
Israeli combustion engine developer Aquarius raises $10 million from Japanese giant TPR. Aquarius, which has developed a two sided free piston linear 10kg engine, is planning on going public on the Tel Aviv Stock Exchange in the coming weeks. Read more
Israeli cloud optimization startup Zesty raises $6.6 million seed, led by S Capital. The capability to analyze cloud costs and usage in real-time allows Zesty to develop cutting-edge solutions to tackle cloud waste optimization and reduce cloud costs by an average of 50%, while also reclaiming hundreds of engineering hours. Read more
Generali Deutschland adopts Binah.ai’s video-based health and wellness monitoring tech. Binah.ai’s technology will allow users to extract vital parameters that are key to one’s health status such as heart rate, oxygen saturation, respiration rate and heart rate variability through the camera on their smartphone. Read more
OneDay Volunteer work increases employee productivity. Through volunteer projects, OneDay initiative hopes to improve employee productivity by giving volunteers an all-around good feeling. Read more
Opinion | How will Pfizer and Moderna protect their vaccine patent applications. While regulatory exclusivity will effectively protect Covid vaccines for at least a decade in Europe and the U.S, they will be unprotected by regulatory exclusivity in Israel. Read more
Dubai Conference | “Israelis who want to operate in Dubai should come up with a clear plan and not go round in circles.” Khalaf Ahmad Al Habtoor, the founder and chairman of the Al Habtoor hotel and real estate consortium added: “Dubai is a link between the West, Asia, and the Middle East.” Watch full video
Dubai Conference | “Adapt yourself. You will find someone in the right field, in the same business that suits you, do your homework.”
Speaking at the first Israel-Dubai conference, Sultan Ahmed Bin Sulyem shared some of the country’s history and offered sage advice to his Israeli audience. Watch full video
Dubai Conference | “Peace treaties represent the choice of light over darkness,” says Bank Leumi chairman. Dr. Samer Haj-Yehia remains hopeful for further peace initiatives. Watch full video
Dubai Conference | “We will start to see the fruits of what is being done today five years from now.” Avi Ortal, CEO of Leumi Partners, said that the key word in the UAE economy is ‘diversity’ in order to reduce dependence on oil. Watch full video
Dubai Conference | President Rivlin: “This is not something I was sure I would see in my lifetime.” The Israeli president sent a pre-recorded video message to the first Israel-Dubai conference. Watch full video
Dubai Conference | “Economic relations with the UAE will be developed with Israel 10 times faster than with other countries,” says Leumitech CEO. “At the beginning we thought that cooperation would include investments in Israeli companies, but now we understand that the UAE wants a deeper, mutual two-sided relationship,” said Yifat Oron. Watch full video
Dubai Conference | Today, the UAE economy is only 20% dependent on oil, confirms DB Schenker CEO. DB Schenker CEO Farook Hasan Hussein Alzeer discusses business opportunities between the nations. Watch full video
Dubai Conference | “Israel-UAE peace accords are a great opportunity to get to know one another,” says Emirati philanthropist. Raza Jaffer tells story of personal hardship, and how it led him to his career path today. Watch full video
Dubai Conference | “We will try to connect the first land fiber cable from Israel to Dubai.” The United Arab Emirates is an incubator, and it wants to be a bigger incubator, said Cellcom CEO Avi Gabbay. Watch full video
Dubai Conference | UAE branding is “a source of economic strength and national pride.” CEO of Vibe Israel, Joanna Landau, talked about how the two countries brand themselves. Watch full video
Dubai Conference | Abraham Accords “is a turning point for the entire Middle East,” says Emirates Economy Minister. Abdullah ben Tuk Al-Ameri spoke of the opportunities and challenges moving forward. Watch full video
Dubai Conference | UAE can help the startup nation scale, says top Emirati businessman. “This marriage will be an economical marriage, a commercial marriage, where we will need each other,” explained Thani Al Shirawi, Vice-Chairman and Deputy Managing Director at the Al Shirawi Group of Companies. Watch full video
Dubai Conference | Israelis should come and share their expertise with the UAE, says chairman of Dubai Pearl. “Israelis are good in what they know. They need to come with that and share it with the rest of us,” says Abdul Majeed al-Fahim. Watch full video
