Monthly Archives: February 2018

Orcam becomes a Unicorn

Artificial vision device company OrCam (see here) has just raised $30.4 million of funds that values the company at $1 billion – giving it the financial status known as a “Unicorn”. OrCam’s founders Aviram and Amnon Shashua also co-founded Mobileye … Continue reading

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Merck’s 3rd biotech incubator

The Merck Group and Shanghai’s WuXi AppTec have launched the biotech startup incubator ExploreBio. It is Merck’s 3rd Israeli biotech incubator, based at Merck’s existing complex in Yavne and will focus on early stage biotechnology startups. The program has a … Continue reading

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Visa launches another innovation lab

I reported previously (May 2015) that Visa Europe had opened a start-up center in Tel Aviv. It is now launching an innovation studio in Tel Aviv for Israeli FinTech startups to develop the next generation of payment solutions. https://www.visaeurope.com/il/innovationexchange/ http://nocamels.com/2018/02/visa-innovation-studio-tel-aviv/

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Ben Gurion opens new extension to Terminal 3

Ben Gurion airport’s new wing E includes telescopic glass pathways, eight plane exit gates, four bus exit gates, along with shops, restaurants and a VIP lounge. It can handle up to 1,800 more passengers per hour, allowing for dozens of … Continue reading

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Healthcare’s expansion at Philips

Philips Healthcare is increasing the number of employees in its cancer informatics division in Israel. The total number of Philips Healthcare’s employees in Israel will rise to 1000. http://www.globes.co.il/en/article-philips-healthcare-expanding-its-israel-workforce-1001223682

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Helping startups globally

Start-Jerusalem gives promising young startups from around the world the tools and guidance to improve their companies. https://www.youtube.com/embed/Z4h2hkrFO-g?rel=0

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400 Israeli startups in the UK

About 400 Israeli startups or tech companies now operate in the UK, primarily in Greater London. More than a dozen Israeli firms are listed on the London Stock Exchange. Israelis choose London for its proximity plus specializing sectors of forex, … Continue reading

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Stress relief for crops

Israeli agriculture startup Roots Sustainable Agricultural Technologies has built a system that can both heat and cool crop roots to increase yields while consuming very little energy. Roots has just broken into the lucrative Chinese agriculture market via Israeli agricultural … Continue reading

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Arrow 3 defense system tested successfully

Israel has successfully tested its Arrow 3 long-range missile interceptor. The Israel Defense Ministry tested the system together with the US Missile Defense Agency. Arrow 3, a joint Israel-US development, is one of the most powerful missile defense systems in … Continue reading

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Breeding high-yield rubber plants

Israel’s NRGene is helping Bridgestone Americas to breed the guayule rubber plant to provide enough latex to create a new rubber production industry in the US.  The first-ever two guayule genomes have already been sequenced and completely assembled. https://www.prnewswire.com/news-releases/bridgestone-collaborating-with-nrgene-on-guayule-research-300600359.html

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