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CTech's Weekly Roundup of Israeli Tech News

In a busy week, Mobileye sketches autonomous vehicle future; In 2018, investors doubled down on Israeli artificial intelligence startups

CTech 10:4811.01.19

In a busy week, Mobileye sketches autonomous vehicle future. In an interview with Calcalist CEO Amnon Shashua outlined Israel’s robotaxi future. Mobileye announced a new automatic measure to reduce accidents and a series of collaborations with government agencies and private companies at the CES. The company’s chief technology officer Shai Shalev-Shwartz told Calicalist that Mobileye's mathematical approach is the key to the autonomous vehicle revolution.


Mobileye autonomous vehicle. Photo: Mobileye Mobileye autonomous vehicle. Photo: Mobileye


In 2018, investors doubled down on Israeli artificial intelligence startups. Israel-linked AI companies brought in $1.89 billion in funding in 2018, according to a new report. Read more


Israeli tech companies organize stand-up nights, single mingles to win over talent. From organizing social events and entertainment shows to giving away drones and computers, Israeli tech companies are getting creative in their recruitment efforts. Read more


This high-tech ultrasound comb tears lice from the inside. The device developed by Tel Aviv-based startup Parasonic is expected to hit the shelves next summer, with a price tag of $100-$120. Read more


German mapping company HERE launches social mobility app. The German mapping company believes people like their solo driving time but will choose to band together for a shared goal or need. Read more


Forget booze, this folding robot is hosting bring your own laundry nights. Foldimate claims its laundry folding robot prototype can fold a full load of laundry—around 25 items—in under five minutes. Read more


The alleged sweet life of Israeli supermodel Bar Refaeli. As a way to evade Israeli taxes, Refaeli’s earnings were allegedly registered under three companies in the Virgin Islands, Cyprus, and Singapore, one of them called Sweet Life, according to indictment documents. Read more


Copaxone profit will continue to fall, but Teva is set to double down on Biosimilars. Speaking at J.P. Morgan’s Healthcare Conference on Monday, Teva CEO Kåre Schultz said he expects the U.S. generic market to stabilize in 2019. Read more


M&As and IPOs


Cloud backup startup CloudEndure confirms acquisition by Amazon. Read more


Cancer treatment company Anchiano Therapeutics wants to list on Nasdaq. Read more


Keystone dental to merge with Israeli dental implant company Paltop. Read more


SolarEdge buys industrial machinery firm SMRE as part of electric vehicle push. Read more


Radware buys Indian bot management company ShieldSquare. Read more


Startup fundings


Wells Fargo, Hill-Rom participate in $39 million round for Medtech company EarlySense. Read more


Goldman Sachs backs video advertising startup Innovid with $30 million investment. Read more


Celgene backs immunotherapy company Biond Biologics. Read more


Drone delivery startup Flytrex raises $7.5 million. Read more


Cybersecurity startup Cynerio raises $7 million. Read more


High-resolution screen inspection startup InZiv raises $2.5 million. Read more


Digital legal aid startup Litigate raises $1.5 million. Read more

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