Israel has long had to combat politics with innovation. The nation, which in recent years has become known as ‘Silicon Wadi’, has spun out some of the world’s best high-tech firms in…
Intel Buys Mobileye for $15.3bn
US chipmaker Intel has announced a $15.3 billion takeover of driverless car tech firm Mobileye. Intel will pay $63.54 a share for the Israeli company, whose ascendance in the autonomous driving industry…
Heili CEO Weissmann: “At Some Point the Founders Need to Get Off the Stage”
Before Israeli entrepreneur Naor Weissmann founded cloud AI startup Heili, in April 2015, he was consulting other startups on their storage issues. The data industry had gone through a dramatic transition: where…
Musk’s Moon Ambitions Outpace Any Other
By the time Howard Hughes built his H-4 Hercules flying boat, also known as the ‘Spruce Goose’, he was an engineering prodigy, having leveraged a fortune and innovated radios, aviation and other…
Corporate-Startup Partnerships are Thriving in Israel
When Greg Moran, CEO of Zoomcar, first traveled to Israel last year, he was expecting to have a few business conversations–maybe even to collaborate on a low-level project. His firm, India’s first…
OurCrowd Global Investor Summit to Open in Jerusalem
Israeli crowdfund platform OurCrowd will host the 2017 OurCrowd Global Investor Summit tomorrow, in Jerusalem. Over 5,000 people are expected to attend, from 80 countries–as Israel’s startup scene continues to gather pace.…
In Israel, a New Generation of Boutique Venture Capitalists Thrives
Shimon Peres, the legendary Israeli politician who died last year, realized early in his career that Israel, lacking natural resources and friendly neighbors, should rely on its people for success. “Through creativity…
Israel Innovation Authority in Fresh Tech Labs Push
The Israel Innovation Authority (IIA) has announced a new program it hopes will encourage corporates to support local startups in their respective fields. “Technological Labs Innovation”, which comes under the Ministry of…
HERE and Mobileye Pair Up for Self-Driving Tech Push
Three months after Mobileye’s very public split with Tesla, the driving sensor firm has another partnership: HERE. The latter will provide mapping software alongside Mobileye’s sensors to offer a more holistic autonomous…
“Gaza’s Shark Tank” Graduates Another Group of Tech Hopefuls
Gaza Sky Geeks (GSG), the Gaza Strip’s first startup accelerator, has chosen its latest batch of entrepreneurs at an event many have dubbed the embattled region’s very own Shark Tank. Last month…