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CTech's Tuesday Roundup of Israeli Tech News

Netanyahu rival vows to stop arms sales to Myanmar, South Sudan; Venture capital firm Grove raises $120 million in commitments for second fund

CTech 14:1418.02.20

Election | Netanyahu rival vows to stop arms sales to Myanmar, South Sudan. Prime Minister hopeful Benny Gantz of centrist party Blue and White, a former Israeli military Chief of Staff, stated Monday he will work to halt Israeli arms exports to regimes committing genocide and war crimes. Read more

 

Venture capital firm Grove raises $120 million in commitments for second fund. Grove has already made two investments from its second fund that will be announced in the upcoming months. Read more

 

Tel Aviv's skyline. Photo: Bloomberg Tel Aviv's skyline. Photo: Bloomberg

 

 

Interview | Big tech's mind-reading ambitions must be regulated, says expert. Marcello Ienca, a senior researcher at the health, sciences, and technology department of ETH Zurich, spoke to Calcalist about the dangers of the neuro-technological era. Read more

 

List | 8 startups dishing out vegan alternatives. From cellulose hamburgers and plant-based eggs to cryptocurrency, below are Israel-linked startups developing vegan alternatives for everyday products. Read more

 

Retail analytics company Trax acquires image recognition company Qopius. Qopius develops technology that uses image recognition and artificial intelligence to provide retailers with real-time inventory data. Read more

 

Faulty part manufactured by Israeli company Drives Daimler to recall 28,000 Vehicles. The part was manufactured by a subsidiary of car parts manufacturer Arkal between August 2018 and January 2019. Read more

 

PepsiCo, Verizon back battery-free sensor startup Wiliot. Wiliot develops a bluetooth-enabled sensor that harvests energy from radio waves to power IoT devices, promising to replace batteries and wired electricity. Read more

 

With state funding halted, Israeli investors association will invest up to $14 million in early stage companies. The Israel Early Stage Investors Association intends to provide around 20 companies with a total of between $12 million and $14 million in funding. Read more