Why is Covid-19 not as bad as previous crises and who raised $20 million?
CTech Daily Roundup: Israeli tech companies pouncing on free Wall Street money
$2 billion in convertible notes. Read more
China is winning in the Covid recovery, says BlackRock Managing Director. Speaking at Calcalist’s ‘Investment Amid Uncertainty’
conference, Russ Koesterich discusses China’s V-shaped recovery and how the upcoming U.S. election will impact investments. Watch full video
Cows. Photo: Shutterstock On its way to another exit: Permira is setting up an Israel representative office. Former Netafim CEO Ran Maidan to lead the $50 billion fund’s local activities seeking to help companies grow to become industry leaders. Read more
Energy Ministry plan sees natural gas plants replaced by solar energy facilities. According to the proposal, in the next 10 years 30% of Israel’s electricity will be generated using alternative sources; electricity price is expected to rise to fund transition. Read more
Veteran investors, medical experts team up to launch Medination healthtech fund. The new limited partnership is set to embark on a roadshow ahead of a Tel Aviv Stock Exchange IPO. Read more
Mileutis raises $20 million to reduce antibiotic use in cows. The company aims to cease the use of antibiotics in the dairy industry by replacing it with a viable alternative. Read more
Relax, Covid-19 isn’t as bad as previous crises, says head of equity solutions research at MSCI. Compared to the tech bubble in the early 2000s and the financial crisis in 2008, Covid-19 has been a walk in the park. Watch full video
Next-gen e-commerce company Dialogue wants to help small businesses compete against the giants. Using machine learning and AI, the company automates content for personalized ads helping small businesses keep up online. Read more
Foretellix and Mobileye team up to demonstrate autonomous driving safety solution. Foretellix's solution includes support of Mobileye's Responsibility-Sensitive Safety (RSS) following a successful joint demonstration of ALKS safety regulation and compliance flow. Read more
