CTech's Monday Roundup of Israeli Tech News
The challenge for Beresheet 2.0: landing on the moon and sticking to the budget; Cannabis entrepreneur chairs new $30 million cannabis fund
14:4815.04.19
The challenge for Beresheet 2.0: landing on the moon and sticking to the budget. On Thursday, Israeli spacecraft Beresheet crashed during its moon landing. Co-developer SpaceIL already announced a second spacecraft is in the works. Read more
Photo of the moon taken by Israeli spacecraft Beresheet. Photo: Beresheet
Cannabis entrepreneur chairs new $30 million cannabis fund. Boaz Wachtel is the co-founder of liberal political party Ale Yarok (Green Leaf) and of agtech companies Roots and Creso Pharma. Read more
Photo of the moon taken by Israeli spacecraft Beresheet. Photo: Beresheet Businessman Zvika Barenboim to acquire software monetization company Somoto. Barenboim will pay up to $50 million for Somoto, which develops online tools for software developers looking to monetize their freeware and shareware. Read more
Industry 4.0 startup 3D Signals raises $12 million. 3D Signals develops acoustic sensors for monitoring the health of industrial equipment. Read more
Lockheed Martin, MIT launch seed fund for Israel and Germany. The $150,000 fund will support collaborations between MIT faculty members and researchers and academic institutions in Israel and Germany. Read more
Mind the Tech NY
Pitango’s $1 million startup competition semi-finalists unveiled in New York. Read more
NSO does not track Israeli, American numbers, says co-president. Watch the video
Even the best technology is worthless without sales, says venture capitalist. Watch the video
Sports broadcasting is becoming a more personalized experience, says Intel exec. Watch the video
El Al is actively looking for AI and machine learning startups, says executive. Watch the video
Matthew Bronfman will no longer invest in regulated businesses in Israel. Watch the video
