Who wants to raise $125 million on Nasdaq and which company will win the Covid-19 vaccine race?

CTech Daily Roundup: Trade attaché to Shenzhen urges Israeli tech companies to be part of China’s own Silicon Valley

CTech 22:4802.08.20

DiplomaTech | Trade attaché to Shenzhen urges Israeli tech companies to be part of China’s own Silicon Valley. "Israel has an image of an innovation nation, but you still need to know how to utilize that and translate it into actual partnerships," says Shirly Coifman. Read more

 

Place your bets: Which company will reach a Covid-19 vaccine first? Moderna may be creating all the buzz, but it is the youngest and least experienced of the contestants, playing an all or nothing game. Read more

 Temperature testing in Vietnam. Photo: Reuters Temperature testing in Vietnam. Photo: Reuters

Will Nanox be the next Israeli hit on Nasdaq? Medical imaging company plans to raise $125 million. The valuation of the company is estimated to be at least $600 million. Read more

 

New fund backed by tech execs to donate government Covid-19 aid packages to Israelis in need. The Israeli government recently approved a one-time grant that will be paid to each citizen directly, regardless of their financial situation. Read more  

 

Ecoplant raises $8 million in series A funding to reduce factories’ energy use across the U.S. The funding news comes alongside a partnership with Atlas Machines, expanding IoT and AI-powered systems to factories across the Midwest. Read more 

 

Opinion | Without room for greys, the global infodemic spreads faster than Covid-19. As opposing opinions on any subject, including the pandemic, are pitted against each other in a zero-sum death match, can the common citizenry correctly distinguish between true and unverified health-related information? Read more

 

DiplomaTech | It is time to mess with Texas, urges Israel's Houston trade rep. Despite the potential cultural stumbling block, Shay Luvshis believes Israeli startups and companies shouldn't miss out on the chance to do business in the Lone Star State. Read more  

 

Opinion | Warning: Governments may get hooked on helicopter money. The coronavirus crisis has led Israel, the U.S., and many other nations to hand citizens cash with no strings attached. Not only is this practice contrary to common economic wisdom, but it can also prove highly addictive. Read more

 

Where FoodTech meets the plate: The 11 finalists of Calcalist's Food Innovation Contest. From fruit-picking robots to food waste reduction AI, these companies are at the cutting edge of solutions the world is starving for. Read more