U.S. credit card super-company, Visa, has elected to tap into the fintech industries of select countries, and Israel is a primary focal point. The payments giant launched a technology scouting hub in Tel Aviv this month, announcing at the beginning of February that it aimed to add Tel Aviv to a list of cities that make up its collaborative lab operation.
A major focal point and trend for corporations and major metropolises in the world’s developed countries today is that of so-called smart-city technologies. Smart-city tech is a term that refers to any technology consistently being used to improve municipal infrastructure. These innovations typically manifest as upgrades to existing technology and tools already in use for a myriad of daily public functions.
OurCrowd is a leading, crowd equity platform based in Jerusalem with branches in the U.S., Canada, Singapore and Australia. The firm just wrapped up its biggest investor conference, which involved an exhibition of the latest robotics, drones, medtech, AI, and mobility tech. Jon Medved, CEO of OurCrowd, made headlines with his announcement that OurCrowd raised $650 million, anticipating that they will soon break the $1 billion ceiling this year.
Yissum Research Development Company has brought a great deal of attention to Hebrew University of Jerusalem in the past week with their introduction of new technology capable of 3D-printing customized food. The personalization of printed food relies on nano-cellulose, which is a naturally occurring, calorie-free fiber. It is arguably the most intriguing aspect of this already attractive prospect.
MOUNTAIN VIEW, Calif., – December 14, 2016 – CEVA, Inc. (NASDAQ: CEVA), the leading licensor of signal processing IP for smarter, connected devices, together with Himax Imaging, Inc., a subsidiary of Himax Technologies, Inc. (NASDAQ: HIMX) and emza Visual Sense, today announced that the companies have developed the industry’s first intelligent always- on visual sensor specifically designed to overcome the power- and cost -constraints of vision processing for IoT applications.
While Israel may not have their own vehicle brands or manufacturing facilities, this has not kept them from taking the lead in the automotive technologies of the future.
The Israeli company Mobileye is a technology company that develops vision-based advanced driver assistance systems (ADAS) providing warnings for collision prevention and mitigation.
On February 29, two IDF soldiers accidentally drove into the Qalandiya refugee camp late at night. They were attacked by rioters with firebombs and rocks and their jeep caught on fire, causing them to flee and separate. This sparked a riot which ended with a firefight between Palestinians and IDF troops who came to rescue the two soldiers. At the end of the fight, one Palestinian was dead and others were injured. The soldiers were found and rescued, but the outcome could have been much, much worse. Why would they drive into a dangerous refugee camp?
G.A.L. Water Technologies Ltd., creators of the GALMOBILE™, announced on Monday that the State of Israel is donating a unit of their Water Purification Vehicle to the citizens of Papua New Guinea, who are suffering from the country’s worst drought this century. This achievement underscores G.A.L. Water Technologies’ commitment to "Cleaning Water and Saving Lives."
Papua New Guinea
Israel is known as the start-up nation. From Waze to StoreDot, Israeli start-ups are changing the face of the high-tech world. Start-ups like these don't just become successful. They usually need help with marketing, development, and, of course, money. They need investors and a whole lot of mentoring to get their idea off the ground. A platform that often helps aspiring start-ups is the start-up accelerator.