CTech's Thursday Roundup of Israeli Tech News

Intel leads a $75 Million investment in Israeli AI chip company Habana Labs; A rundown of Israeli spy firms and surveillance outfits

Intel leads a $75 Million investment in Israeli AI chip company Habana Labs. Habana Labs develops processors optimized for artificial intelligence applications. Read more

 

A rundown of Israeli spy firms and surveillance outfits. A small cluster of Israeli firms with close ties to the country’s intelligence agencies have been recently dragged into the spotlight, sometimes unwillingly. Read more

San Francisco. Photo: Bloomberg

 

Insurance startup Hippo raises $70 million. Hippo analyzes data from municipal building records, satellite imagery, and smart home devices to enable customers to get a quote and qualify for coverage “in 60 seconds or less.” Read more

 

Israel-based Vintage raises a $290 million fund of funds. The closing of this new fund of funds brings Vintage's assets under management to $1.8 billion. Read more

 

Video | This startup makes drones that drive stakes into the ground. Israel-based Civdrone develops a device that turns commercially available drones into land surveying, measuring, and marking machines for construction sites. Watch the video

 

Taboola partners on news offering with ridesharing company Via. The content recommendation company will offer its content on Via’s app. Earlier this year, Taboola announced content-related partnerships with Chinese mobile device manufacturers Vivo and ZTE. Read more

 

 

News Briefs

 

Korean auto parts maker Sungwoo Hitech backs autonomous car safety startup AdaSky. Read more  

 

Car-sharing company launches electric fleet in Malta. Read more

 

Israel’s Ministry of Economy launches initiative to promote aviation cybersecurity. Read more

 

RUAG and Elbit Systems forming Swiss joint venture. Read more