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Can cannabis really help in fight against Covid-19 and how did Israeli tech startups raise $2.5 billion?

CTech Daily Roundup: Israeli tech investment celebration continues as startups raise $2.5 billion in Q2

CTech 22:0208.07.20
Israeli tech investment celebration continues as startups raise $2.5 billion in Q2. “Even the optimists among us were pleasantly surprised,” says the report’s author. Read more

 

Covid-19 cutbacks? These tech companies are hiring in Israel right now. With hundreds of thousands newly unemployed and companies big and small forced to cut back on staff, Calcalist has gathered a list of tech companies that are currently hiring. Read more 

 

Better Israel cannabis farm. Photo: Hila Kedi Better Israel cannabis farm. Photo: Hila Kedi

Mobileye announces robotaxi service partnership with Japan’s WILLER. Is autonomous transit replacing self-driving cars as the new vision of future transportation? Read more

 

Cannabis can help body fight Covid-19, says Cann Pharmaceutical CEO. Braden McGrath says cannabis might not help against the virus itself but it will help the immune system. Watch full interview

 

After Israeli founder’s departure, Magic Leap appoints former Microsoft exec as CEO. “We have come a long way, from starting up in my garage to creating a new medium and redefining the future of computing,” said outgoing CEO Rony Abovitz. Read more 

 

Tech alliance urges Israeli companies to look to Arizona as a gateway into the U.S. market. For many Israeli companies, The Grand Canyon State offers room for innovation and an open invitation to collaborate with locals. Read more

 

Interview | Sealartec aiming to disrupt hundreds of years of maritime tradition. Israeli startup has developed launch and recovery system that extracts manned and unmanned boats from choppy waters. Read more

 

Cybellum announces strategic cybersecurity partnership with Renault-Nissan-Mitsubishi’s innovation lab in Tel Aviv. The strategic cooperation will focus on vehicle-level risk assessment taking into account the architecture of the vehicle model and the automated assessment of a vehicle’s complex mesh of software and hardware. Read more

 

Second wave: Israel registers record-breaking 1,300 new daily Covid-19 infections. The government imposes a lockdown of Beitar Illit, where 16% of test results returned positive. Read more

 

Israeli government offering small businesses grants to connect to fiber-optic internet amidst Covid-19 communications crisis. Only 30% of Israeli households (800,000) have the infrastructure required to connect to fiber-optic internet, with just 6% (150,000) doing so to date. Read more