Skoda Expands Israeli Presence with Three Startup Collaborations
The Czech automaker established a technology scouting outpost in the country in 2017
10:0602.12.18
Czech automaker Škoda Auto a.s. is expanding its footprint in Israel. The company announced on Thursday collaborations with three Israel-based startups, Chakratec Ltd., Anagog Ltd., and UVeye Ltd., and stated it is already testing their technologies.
Skoda CEO Bernhard Maier. Photo: Gadi Sierra
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In August 2017, Škoda announced a technology scouting outpost in Israel, with the intention of investing in local automotive and smart mobility startups, in partnership with Skoda's Israeli importer Champion Motors Ltd.
![Skoda CEO Bernhard Maier. Photo: Gadi Sierra Skoda CEO Bernhard Maier. Photo: Gadi Sierra](https://pic1.calcalist.co.il/PicServer3/2018/07/19/833941/1NL.jpg)
In May, Skoda announced collaborations with four Israeli startups, one of them being Anagog and in July, the company announced a $1.5 million investment in the startup. Thursday’s announcement expands the partnership with the Tel Aviv-based startup, which develops artificial intelligence technology that can track drivers and predict their needs based on data from their mobile phones.
Related stories:
- Skoda Invests $1.5 Million in Auto Tech Startup Anagog
- Czech Automaker Škoda Announced Collaboration with Four Israeli AutoTech Startups
- Skoda To Establish Technology Scouting Outpost In Israel
Chakratec, founded in 2013, develops a kinetic battery device, which stores energy using a flywheel instead of relying on chemical compounds like in lithium-ion batteries. The company raised $6.4 million to date.
UVeye, founded in 2016, develops machine learning and computer vision technology for automatic external inspection of vehicles. The company raised $4.5 million to date.