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Monthly Archives: September 2020
$100 million fintech venture fund
Israeli cybersecurity startup foundry Team8 (see here) has launched Team8 Fintech – a platform to establish and scale-up transformative financial technology companies. Team8 is investing $100 million, looking to satisfy the demand for digital solutions in a post-Covid-19 world. https://www.calcalistech.com/ctech/articles/0,7340,L-3849835,00.html
Posted in Economy & Business
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A gem of a deal
The Israeli and Dubai diamond exchanges have struck a deal to boost trade. The Israeli Diamond Exchange will open an office in Dubai, while the Dubai Multi Commodities Center, an economic free zone, will set up shop in Ramat Gan, … Continue reading
Posted in Economy & Business
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UAE tech company to open Israel office
Group 42, an Abu Dhabi-based hi-tech company, is opening a subsidiary in Israel to give the UAE company “access to one of the most vibrant and mature tech ecosystems in the world.” Group 42 already has partnership agreements with Israeli … Continue reading
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High demand for tech skills
There are still plenty of vacancies in Israeli companies for hi-tech personnel, despite the pandemic. Salary levels also remain high. DevOps engineers and Data specialists are extremely sought-after and cyber security professionals are now seen as critical. https://www.calcalistech.com/ctech/articles/0,7340,L-3848497,00.html
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Goodbye to plastic packaging
Israel’s W-Cycle has developed SupraPulp – plastic-free packaging made of sugarcane fiber waste (baasse) that is fully compostable, safe, non-absorbent yet durable. Ready meals in SupraPulp can be frozen and heated to 270 degrees centigrade in an oven, steam cooker … Continue reading
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Smart fish farming
Israel’s GO Smart has developed hi-tech hardware and software for managing fish farms. They can analyze water quality, fish biomass, mortality, and behavior. Its precision farming systems include an underwater camera to measure fish sizes, oxygen sensors and sophisticated data … Continue reading
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Safer remote access
Israeli startup Odo Security has developed a new, cloud-based technology that can be deployed in five minutes via the Cloud to provide employees working from home with secure access to their company’s systems. Odo has just been acquired by Israeli … Continue reading
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Touch-free screens
Many of today’s shops, fast-food outlets, medical centers and airports use touch-screen digital kiosks for customers and the public – not Covid-friendly. Israel’s Touchless.ai uses cutting edge voice technology to replace touch taps for screen options with voice commands, also … Continue reading
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OrCam wins German innovation prize
Israel’s OrCam (see here) is the first Israeli company to win Germany’s NRW.INVEST award. The annual prize is given to four exemplary companies that strengthen innovation impetus and bring new products, services and processes to North Rhine-Westphalia and Germany. https://www.jpost.com/jpost-tech/israel-tech-company-orcam-wins-german-innovation-prize-642762 … Continue reading
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Building a tech park in Panama
Israel’s Innovation BaseCamp is helping the Panamanian government build a high-tech park project. Its aim is to transform Panama into one of Latin America’s top innovation countries. The announcement came during the CybertechLive Latin America online conference. https://www.israel21c.org/israels-innovation-basecamp-to-build-tech-park-in-panama/
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