It’s been an active week for us as we begin the global expansion of our incubator business…..with our first international win, in New Zealand – hotbed of agtech/foodtech together with our partners Sprout, Finistere, Fonterra, and Gallagher….
In an exciting exit, Intel acquires Habana Labs for $2B. This news is obviously very positive for other companies in the AI accelerator chip business. Hailo, an OurCrowd portfolio company in which we are currently re-investing, is in this space with its edge devices which — according to Hailo — can now run deep learning applications at full scale more efficiently, effectively, and sustainably than traditional solutions, while significantly lowering costs.
Great news from the SEC, proposing to make private investments (like OurCrowd) more accessible to the broader community. Kudos to Chairman Clayton and team….Read more on TechCrunch.
Startup Nation and beyond
Congrats to Arbe on its $32 million raise which OurCrowd was happy to take part in: Arbe raises $32 million to bring its high-resolution radar to autonomous vehicles.
Huge news: Israel’s Zebra Medical Vision has teamed up with Johnson & Johnson subsidiary DePuy Synthes to jointly bring Cloud-based AI solutions to the orthopedic and bone health industry.
New Harvard Study: “Israel’s MedAware could potentially save the United States health system $800 million annually by preventing medication errors…”
Top tech news this week
- Foodtech…Beyond Meat Expands Partnership With Carl’s Jr. and Hardee’s.
- Agriculture…Growers Edge, CropX Incentivize Farmers to Adopt Technology.
- Cybersecurity…BioCatch Warns About Threat of Deepfakes with 2020 Security Predictions.
News from the industry
It seems like the most common mobility question recently is “Will we ever reach level 5 autonomy?”
In this short video OurCrowd Mobility Lead Yakir Machluf explains why there’s a delay in achieving this and what that means for both startups and investors.
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(View the levels of vehicle autonomy on Automotive Electronics)
Based off of findings from Start-Up Nation Central and IVC reports: Notable increase in late-stage funding allows more Israeli firms to grow, forgo sales, IPOs.
The latest from OurCrowd
2020 OurCrowd Global Investor Summit: The largest tech investment conference in the world, this year’s OurCrowd Summit will also be the largest business event in Israel’s history. Read up on the latest updates, including the fact that 20,000 are expected to register. What sets the 2020 OurCrowd Global Investor Summit apart from other conferences? Find out here.
See which OurCrowd events are taking place near you on our Events Calendar.
Looking to connect
We currently have 500+ open positions at our global portfolio companies. Here are a few of the most exciting:
- Talent Acquisition Specialist for Lemonade (Israel)
- Editor for Influitive (Canada)
- Marketing Coordinator (CRM) for The Bouqs (USA)
Search and filter through OurTalent to find your next challenge.
