CTech's Tuesday Roundup of Israeli Tech News

Automotive chip company Valens raises $63 million; Pitch dark Israeli startup contest winner gets spot in the limelight

Automotive chip company Valens raises $63 million. Valens manufactures semiconductor products for the delivery of uncompressed HD multimedia content for the automotive market. Read more

 

Pitch dark Israeli startup contest winner gets spot in the limelight. 21 Israel-based startups battled to win the favor of judges in complete darkness at an event hosted by Citigroup in Jaffa Monday. Read more

 

Produce (illustration). Photo: Zvika Tishler

 

Venture capital firm SGVC closes third fund at $52 million. The fund will focus on investments in early stage fintech startups. Read more

 

Israel’s supreme court weighs in on single-vendor ban on Juul. Following a september appeal by E-Cigarette maker Juul, Israel’s Supreme Court has ordered the country’s health ministry to hold a hearing for all relevant companies in Israel. Read more

 

Agricultural intelligence company Taranis raises $20 million. Taranis operates an agriculture intelligence system that uses computer vision and deep learning algorithms to detect early signs of crop risk factors. Read more

 

Beijing-based Guoshu Technology signs $50 million agreement with Israeli digital playtime startup EyeClick. EyeClick develops an interactive gaming platform that can convert any physical space to an active gaming site, by using a projection screen combined with dual motion sensors. Read more 

 

News Briefs

 

More Israeli Officials Voice Support for Cannabis Export Reform. Read more

 

Stock lending startup Sharegain raises $5 million. Read more

 

Drug developer Mapi Pharma raises $10 million from China's Jingxin Pharm. Read more

 

Solar power analytics startup Raycatch raises $4.5 million. Read more