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  • NoCamels 3:31 pm on June 23, 2016 Permalink
    Tags: , , , medical device company   

    ETView Medical Bought By Ambu For $16M 

    ETVMedicalJune 23, 2016 | Medical devices company ETView Medical Ltd. announced the closing of a deal for the company’s acquisition for $16 million: $12.3 million in cash and the rest in debt. The acquiring company is Ambu A/S, a medium-sized medical devices company listed on the Danish stock exchange at a $1.8 billion market cap. ETView has developed a device that improves the way respirator tubes are inserted into the breathing passages. The company’s respirator tubes contain a camera that makes it possible to view the lung when the tube is inserted in order to verify that the respirator tube is left in the right place. ETView specializes in selective respiration of one lung. ETView’s chairman is Todd Dolinger and its CEO is William Edelman. Founded in 2004, ETView’s chairman is Todd Dolinger and its CEO is William Edelman.

     
  • NoCamels 2:56 pm on June 23, 2016 Permalink
    Tags: , Israeli bitcoin, Israeli bitcoin startup, Israeli blockchain, Istraeli blockchain startup   

    Israeli Blockchain Startup Colu Raises $9.6M 

    colu June 23, 2016 | Israeli blockchain startup Colu has closed a Series A financing round of $9.6 million. Investors included Aleph, Spark Capital, Digital Currency Group and former Thomson Reuters CEO Tom Glocer. The latest financing round brings the total amount raised by the company to $12.1 million. Founded in 2014 and based in Tel Aviv, Colu has developed a platform for creating digital currency. This platform is based on virtual currency blockchain technology and the company is currently shifting its focus to creating local currencies that help small businesses and improve local economic growth by strengthening the connection between buyer and seller. The digital currencies created can be used without the need of an intermediary such as a bank or credit card company.  Colu has created digital currencies for two Tel Aviv neighborhoods – Jaffa and Florentin. The digital currency is linked to the shekel and according to the company is the Israeli digital equivalent of cash. The company says that its platform is already in use by municipal authorities in Barbados and Brazil. Colu currently has 24 employees and plans expanding its workforce to 30.

     
  • NoCamels 11:05 am on June 23, 2016 Permalink
    Tags: Arbe Robotics, , TechCrunch Disrupt Tel Aviv, TechCrunch Tel Aviv, Tel Aviv Pitch-Off   

    Arbe Robotics Wins TechCrunch Disrupt Tel Aviv Pitch-off 

    ArbeRoboticsJune 23, 2016 | Arbe Robotics, a drone startup using radar to avoid drone collisions, took first place among the ten Israeli startups competing at the first ever TechCrunch Meetup and Pitch-off in Tel Aviv last night. Second place went to 6over6 Vision, a digital response to vision care, and Fieldin, an IoT software service company that optimizes integrated pest management in orchards, groves and vineyards. placed third. The first place winner, Arbe, will get a table at the TechCrunch Disrupt Startup Alley in London this December, along with two tickets to the Disrupt conference. Second place 6over6 gets two tickets to the event, and Fieldin will get one. More than 900 people attended the event, which included talks by Israel’s former Prime Minister and President, Shimon Peres; leading entrepreneurs of Israelis startups; and leading Israeli VCs. The other Israeli startups competing in the pitch-off were: ChippedIn, Eco-Fusion, Fido, Fitfully, Insert, Lip, and Mego. The event was sponsored by Israel’s leading technology banking group Leumi Tech, and Blonde 2.0, an award-winning global PR agency based out of Tel Aviv.

     

     
  • NoCamels 4:16 pm on June 22, 2016 Permalink
    Tags: , , CyberLight, ,   

    Cyber Security Startup LightCyber Raises $20M 

    lightcyberlogo June 22,2016 | Israeli cyber security company LightCyber has closed a $20 million financing round. The round was led by the US-based group, Access Industries, through its Israeli technology investments entity, Claltech, and network security luminary Shlomo Kramer, who joined the LightCyber board of directors last year. Existing investors Battery Ventures, Glilot Capital Partners and Amplify Partners also participated in this latest financing round. With offices in Ramat Gan and the US, LightCyber was founded in 2012 by CPO Giora Engel and CTO Michael Mumcuglu. The company provides Behavioral Attack Detection solutions and its products have been deployed by top-tier customers around the world in industries including the financial, legal, telecom, government, media and technology sectors.

     
  • einat 2:10 pm on June 22, 2016 Permalink
    Tags: CES 2017 show, CTA's annual summit in Israel, Israeli 3d imaging startup Vayyar   

    Israeli 3D-Imaging Startup Vayyar Wins CTA Contest 

    vayyarJune 22, 2016 | Israeli startup Vayyar won the fast-pitch contest held by the Consumer Technology Association in Tel Aviv today, as part of the organization’s 20th annual summit held in Israel. Vayyar will win free booth space at next year’s CES event, the largest consumer electronics show in the world. Founded in 2011 by Raviv Melamed, Naftali Chayat and Miri Ratner, Vayyar has developed a 3D-imaging sensor technology that makes it possible to see through objects, potentially revolutionizing cancer detection, robotics, and smart home industries.

     
  • NoCamels 12:25 pm on June 22, 2016 Permalink
    Tags: Amazon Dash, Dash buttons, Internet of Things startup, , Kwit   

    Israeli Internet Of Things Startup Kwik Raises $3M 

    KwikJune 22, 2016 | Israeli Internet-of-Things startup Kwik has raised $3 million in a financing round led by Norwest Venture Partners. Kwik is an open end-to-end IoT platform connecting retailers, brands and delivery providers, enabling brands to develop direct relationships with their consumers in their homes. In effect, the Tel Aviv-based company has developed smart buttons, similar to Amazon’s dash buttons, which let consumers order products from their home by pressing a button. Kwik, “Techcrunch” reports is working with Domino’s, Budweiser, Huggie’s and others on the subject. With a beta-site operating in Israel, the company will use the proceeds of the financing round to expand to the US. The company was founded by CEO Ofer Klein and CTO Shlomi Atias.

     
  • NoCamels 10:46 am on June 22, 2016 Permalink
    Tags: , , , Microsoft Ventures Accelerator, Scalerator   

    Ten Startups Complete Microsoft Ventures Israel Accelerator 

    microsoftventuresJune 22, 2016 | Ten startups have completed the eighth batch of Microsoft Ventures Accelerator program in Israel. Six of the ten have already raised or have been offered a combined total of $27 million in funding. The companies in the eighth batch, such a Spotinst, a startup building the world’s first virtual cloud, Imagry, which is creating an engine to identify objects by video in real-time, and Genoox, a revolutionary big data platform for storing and managing genomic data in the cloud, come from a variety of fields. The other startup graduates in the eighth batch include: Banana Splash, Unomy, Coralogix, Paykey, Yooocan, Convia, and Datarails. With this eight batch, the Tel Aviv program switched to a “Scalerator”mode, focusing on maturing selected startups and supporting them with all aspects needed for scaling up and building strong global companies. To better fulfill the needs of these more mature companies, Microsoft Ventures revised their agenda, content and processes to provide an even more comprehensive, tailor-made program.

     
  • NoCamels 5:55 pm on June 21, 2016 Permalink
    Tags: Airobotics, drone, drone platform,   

    Israeli Drone Startup Airobotics Launches, Raises $28.5M 

    Airobotics June 21, 2016 | Israeli startup Airobotics, which has developed a fully automatic drone platform, announced its public launch and the closing of $28.5 million in combined A and B round financing. Round A was led by BlueRun Ventures, followed by a Round B of investments led by CRV. Airobotics has also received investments from Israel’s Chief Scientist and Silicon Valley’s UpWest Labs, as well as Noam Bardin, the CEO of Waze, and Richard Wooldridge, Google ATAP’s COO. The Tel Aviv based company is cofounded by CEO Ran Krauss and VP R&D Meir Kliner and has 70 employees.

     
  • NoCamels 4:04 pm on June 21, 2016 Permalink
    Tags: , Israel University rankings, , Times Higher Education, top universities in Asia   

    Six Israeli Universities In Top 100 Of Times Asia Rankings 

    THE_WORLD_ Uni-RANKINGS | June 21, 2016 | Six Israeli universities have been ranked in the top 100 of Times Higher Education Top 200 Universities in Asia for 2016. First among the Israeli universities was Hebrew University which was ranked 17th, followed closesly by Tel Aviv University (20) and The Technion Israel Institute of Technology (36). Bar-Ilan University (67), Ben-Gurion University (79), and University of Haifa (87) rounded out the Israeli universities on the list. These are the fourth annual Asia University Rankings, Times Higher Education’s ranking of the top 200 universities in Asia, compiled and published by the British magazine Times Higher Education.

     
  • NoCamels 2:44 pm on June 21, 2016 Permalink
    Tags: GIA, Global Innovation Awards, ,   

    Israeli Finalists For Global Innovation Awards Chosen 

    JVPJune 21, 2016 | Three Israeli startups will head to Beijing, China this August to vie for the $1.5 million prize as part of Shengjing’s Global Innovation Awards 2016. The startups that were selected are genetic-therapy-for-cancer-developer Boomerang, mobile speech therapy startup NiNiSpeech and creator of autonomous navigation system for drones, Aerial Guard. These startups will compete against American, European and Chinese companies for a $1.5 million grad prize, as well as the opportunity to earn an investment from a special $25 million fund established by the Shengjing Group. The Israel segment of the Global Innovation Awards was led by the leading venture capital firm, Jerusalem Venture Partners (JVP).

     
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