Who is targeting $100 million in investments and which Israeli company has partnered with BMW?

CTech Daily Roundup: Team8 launches new fintech startup founding platform, targeting $100 million in investments

CTech 22:0115.09.20
Team8 launches new fintech startup founding platform, targeting $100 million in investments. The group will found and invest in early stage companies in exchange for 50% of their equity. Read more


Venture capital firm Hetz Ventures closes $77 million second fund, despite Covid-19 restrictions. Hetz invests in Israeli entrepreneurs operating in the AI, Big Data, cybersecurity, fintech, and DevOps space. Read more


BMW. Photo: BMW BMW. Photo: BMW

Medigate completes $30 million series B round to expand Tel Aviv R&D center. Medigate’s solution addresses patient safety and privacy by automatically locating, identifying, and managing the security posture of all devices connected to the network. Read more


Israeli Big Data startup Varada raises $12 million in series A round. The company's goal is to create a new data infrastructure that will provide full control over performance, costs and flexibility, and replace long and cumbersome processes of transferring data. Read more  


HR Post Covid | Working from home means we could meet each other’s families, says IntSights’ HR Director. Efrat Dror joins CTech for its HR Post Covid series, where she discusses how WFH created a new personalised way of working. Read more


Israeli startup Blue White Robotics raises $10 million for autonomous vehicle platform. The investment will enable BWR to expand its global presence, services and customers, and actively recruit new employees to its R&D center in Tel-Aviv. Read more


Israel-based Sternum raises $6.5 million in series A for IoT devices cyber protection. The round was led by Square Peg and joined existing investors Merle Hinrich, BTOV, and private investor Eyal Shavit. Read more


Intel expanding Ignite startup program on back of Israeli success. "Israel is such an important part of our company," said Intel CEO Bob Swan, describing Israel as "a microcosm of Intel as a whole." Read more


BMW to incorporate Israel-based Tactile Mobility tech in all new models. Tactile Mobility develops technology that analyzes data from car sensors and enables autonomous vehicles of different levels to get a feel of the road, using tactile data and artificial intelligence. Read more


Behavioral recognition system viisights selected by Mexican city to help track Covid-19. The technology will help citizens comply with social distancing measures and alert police of violent behavior. Read more


“Bored young hackers are responsible for part of the dramatic increase in cyberattacks amid Covid-19.” Israeli cybersecurity experts discuss the latest threats and how to overcome them at a panel during Calcalist and Google’s Startup Week. Read more  


Israel’s QEDIT awarded $2 million funding in DARPA cryptography research program. The research project is geared towards harnessing advanced cryptography to preserve the integrity of complex software programs. Read more