CTech's Weekly Roundup of Israeli Tech News
Israeli cannabis companies setting sights on Toronto exchange; This wearable clip will remember faces and names so you don't have to
Israeli cannabis companies setting sights on Toronto exchange. The Canadian cannabis market is perceived as having great potential, thanks in large to the recent legalization of recreational use of the drug in the country. Read more
This wearable clip will remember faces and names so you don't have to. OrCam Technologies expects to ship its life analytics wearable device MyMe in March. Co-founder Amnon Shashua calls it “the ultimate AI personal assistant.” Read more
Conversation analytics startup Gong.io wins Calcalist’s AI and big data startup competition. Gong.io gives sales representatives insights into their interactions with customers by analyzing recorded phone calls and tracking keywords and conversation topics. Read more
Israeli execs weigh in on big data and AI impact. Entrepreneurs and executives convened to discuss how big data and artificial intelligence can be used to tackle the challenges faced by industry and society at Calcalist’s annual Mind the Data conference. Read more
Aleph Farm's lab-grown steak. Photo: Aleph Farms
Sirin Labs states it remains loyal to hardware. The downturn in the crypto market has not only tanked Sirin Lab’s token but also affected some other businesses affiliated with its CEO. Read more
Alibaba backs Israeli public transportation startup Optibus. The company develops a fleet management software for public transit operators. Read more
Israeli edtech companies inspired by recent China-Israel deal. TAL Education Group—one of China’s largest education service companies—announced it acquired Israeli game-based learning startup Codemonkey at the Global Education Summit held in Beijing last week. Read more
Citing crypto downturn, Bitmain closes Israeli R&D outpost. The Chinese bitcoin mining equipment manufacturer opened an Israeli operation in 2016. Read more
To make inroads into the local market, Yandex partners with an Israeli taxi firm. The taxi-hailing service by Russian technology company Yandex began operating in Israel Monday. Read more
Netanyahu: “horrific” Khashoggi murder balanced by Saudi influence in the Middle East. Netanyahu is working to formally establish diplomatic relations with Saudi Arabia, Israeli broadcast news reported Saturday. Read more
Startup funding
Online used-car retailer Vroom raises $146 million. Read more
Conversation analysis startup Chorus.ai raises $33 million. Read more
Israeli medical device company WhiteSwell raises $30 million. Read more
SaaS startup Quali Systems raises $22.5 million. Read more
Tech customer support startup TechSee raises $16 million. Read more
Nazareth-based medical device company Alpha Omega raises $7 million. Read more
Natural language startup Voca AI raises $2.6 million. Read more
Singapore’s VisVires backs Israeli shrimp-health startup ViAqua. Read more
