Archive For The “Israeli Tech” Category
As more states move to legalize recreational use of marijuana — there are nine now, plus the District of Columbia — and dozens more who now allow medical use (with a doctor’s prescription), tech innovators are not waiting for the law to catch up with public sentiment. One of the more notables is the launching of CIF (Can Innovation Finder), a new Canadian-Israeli-American initiative that aspires to be the virtual R&D hub for all-things pot. If it’s better quality, higher yield, and packaging you’re looking for, CIF hopes to be the dominant source in filling those needs.
Right now, the United States is playing a secondary role as it continues to lag behind Canada in market maturity, including industry standards, the emergence of trade associations and other institutions commonplace in any industry’s ecosystem. So essentially, the partnership’s muscle is between Canada and Israel with Canada supplying the product and an already viable market, and Israel focused on R&D like most any other industry for which it is a global force.
“There are incredible partnership opportunities for companies on both sides, and Canadian Licensed Producers can gain a huge market advantage by tapping into Israel’s tech ecosystem,” says CIF CEO Sarah Tahor. “Our role is to highlight opportunities that the market may not know about and provide the platform to enable new partnerships and business ventures. With contracts in place with the LPs to introduce them to multiple Israeli companies, we save them time and ensure they have access to top Israeli cannatech (cannabis tech), agri-tech and biotech innovation.”
Indeed, Israel is a sought-after partner in the cannabis industry thanks to its renowned scientific innovation and tech expertise to grow consistent, high-quality, and varied strains of cannabis.
“There are tons of companies that deal specifically with technologies focused on growing and agriculture; some are focused on soil quality and climate control of greenhouses while others are focused on humidity and lighting,” Oren Todoros, CEO of CannaImpact branding firm, tells NoCamels. He says there are between 70-100 cannabis-related ventures in Israel. “Despite the fact that there is no external export, there’s a lot of growing technologies being produced here for the global cannabis market.”
On the US front, agreements have been inked with Massachusetts-based holding company MariMed, to cultivate, manufacture and sell the Israeli company’s MMJ products in seven US states.
As for the rest, the partnerships are almost exclusively between Canada and Israel. But despite its slowness to market, driven by a host of statewide legal hurdles, don’t expect this mainly bilateral arrangement to stay that way for long.
First pictures of the Sun’s atmosphere due in December of this year, thanks to an Israeli-engineered sensor affixed to the Parker Solar Probe. Israeli integrated circuit manufacturer TowerJazz produces this one-of-a-kind sensor.
Reporting of this story originally appeared in NoCamels.com
Scientists everywhere – and space enthusiasts, too – are waiting with bated breath for the first images from the NASA Parker Solar Probe spacecraft, now making history as it orbits the sun, due in early December. It is an Israeli-engineered sensor, which is capturing the high-resolution images of the sun’s atmosphere, including coronal mass ejections (CMEs) and solar wind.
“Parker Solar Probe is going to answer questions about solar physics that we’ve puzzled over for more than six decades,” Parker Solar Probe Project scientist Nicola Fox of the Johns Hopkins University Applied Physics Laboratory, said in a statement. “It’s a spacecraft loaded with technological breakthroughs that will solve many of the largest mysteries about our star, including finding out why the sun’s corona is so much hotter than its surface.”One of those technological breakthroughs onboard the probe is the space-qualified CMOS (complementary metal–oxide–semiconductor) sensor.
Israel’s integrated circuit manufacturer TowerJazz, based in Migdal Ha’emek, about an hour-and-a-half drive north of Tel Aviv, and SRI International, an independent nonprofit research center, collaborated on the high-performance CMOS imager for the US Naval Research Laboratory (NRL).
“TowerJazz has been working with SRI for several years to develop custom technology to support US government imaging applications,” Mike Scott, Director of TowerJazz USA Aerospace & Defense, said in a press statement last month.
TowerJazz’s CMOS image sensors and pixel technology are used in photography, industrial, medical, automotive and consumer applications, including high-end camera phones and 3D cameras. “We are very pleased to see our teamwork take flight in this exciting endeavor by NASA.”
This is the first time NASA has sent a spacecraft into the sun’s atmosphere. Headlines from around the world show that the global community is eagerly watching this engineering feat unfold.
The Parker Solar Probe’s mission is to understand the corona – the aura of plasma that surrounds the sun – in order to protect our technology-dependent society from space weather threats and solar wind. The data will also help in planning future space missions to the Moon or Mars.
For local engineers and the local space community, Israel’s sensor onboard the NASA spacecraft is an exciting moment. While outwardly a small contribution to the overall Solar Probe project, without the Israeli-engineered sensor there would be no images.
“Israel has amazing tech capabilities and people around the world appreciate the ingenuity of the Israeli space industry,” Kfir Damari, SpaceIL co-founder and engineer, tells NoCamels. Damari adds that the blue-and-white sensor joins a long list of Israeli components used in international space projects, giving the example of the 2016 Schiaparelli Mars Lander, which used a propulsion system developed by Rafael Advanced Defense Systems.
“I believe there will be more collaborations in the future,” says Damari.
Damari and co-founders/engineers Yariv Bash and Yonatan Winetraub, founded SpaceIL in 2011. They plan to launch an unmanned spacecraft to the Moon in early 2019.
“Space is something that is exciting. For SpaceIL, our mission is not just about landing a spacecraft on the Moon. For us, the bigger vision is getting people excited about space, science and technology, so I think any added project that gets people in the street talking about science and technology is amazing,” says Damari.
Moreover, those familiar with Israel’s expertise in sensor technology, aren’t surprised that an Israeli firm was part of the tech side of this latest NASA mission.
Israeli sensor technology, after all, is Grade A.
“It should not come as a surprise that Israel is providing key sensor technology for the NASA Solar Probe. Israel has world-leading vision and imaging technology, that power applications as diverse as autonomous driving (Mobileye), chip inspection (Orbotech), airborne agricultural imaging (Taranis), and next-generation spectrometry (Consumer Physics),” Jonathan Medved, serial entrepreneur and CEO of OurCrowd, tells NoCamels.
Drowning in debt, a net loss of state residents, and highly taxed, the state of Illinois, partnering with Tel Aviv University (TAU), the University of Illinois statewide system, Northwestern University, and the University of Chicago, have partnered to create the Discovery Partners Institute (DPI), part of the wider Illinois Innovation Network (IIN). (That’s a lot of abbreviations, but after all, that what big institutions do in both the private and public sectors.
The virtually connected hubs will allow student (both undergraduate and graduate) participation as well as academic research throughout the Illinois higher education network and the TAU. The main focus of research will be computer science, artificial intelligence (AI), Big Data and cybersecurity.
The initiative may not be the panacea Illinois would like, but it is a move in the right direction. Conceived by Governer Rauner, a Republican, the question is whether next week’s elections could impact the deal. Personally, I doubt it. Even if Democratic challenger J.B. Pritzer defeats Rauner, Pritzer and his family have their thumbprints on a variety of tech initiatives as well as several philanthropic activities.
Currently Prizer leads Rauner by 16 points, according to the most recent NBC News/Marist Poll.
In addition, and under the leadership of Nobel Prize-winning economist James Heckman, Pritzer supported the creation of the Pritzker Consortium on Early Childhood Development at the University of Chicago. Along with the Bill & Melinda Gates Foundation, the Buffett Early Childhood Fund, the Irving Harris Foundation, and the George Kaiser Family Foundation, the Pritzker Family Foundation is a founding supporter of the First Five Years Fund, an organization focusing nationwide attention and resources on comprehensive, quality early care and learning programs for children from birth to age five. In 2013, Pritzker teamed with Goldman Sachs to fund the first-ever social impact bond for early childhood education.
Under Rauner’s leadership, Illinois contributed $500 million toward the initiative, with the remaining $1.2 billion to be raised in the private sector.
TAU President Prof. Joseph Klafter said in a statement that the fact that TAU was “invited to join this important initiative as an equal founding partner demonstrates its solid status and central place in the international sphere of entrepreneurship and innovation.”
According to a recent study, TAU ranked 8th in the world in producing entrepreneurs and startups.
The buzz around autonomous vehicles entering the ride-sharing fleets of Uber, Lyft, and others is certainly not far away. But for a partnership between Vokswagen and Israeli’s Mobileye, autonomous ride sharing is slated to become reality next year, at least in Israel itself.
Original reporting of this story appears in NoCamels.com
German automotive vehicle big Volkswagen and Israel’s Mobileye, the advanced driver help systems firm nonheritable by Intel last year, declared on that they’re change of integrity forces to deploy Israel’s initial driverless, electrical ride-sharing service by next year.
The announcement came on the closing day of the annual good quality Summit 2018 in city on weekday, that gathers government leaders, business executives, and startup delegations from Israel and abroad for a two-day event on the long run of transportation and quality. Volkswagen and Mobileye can group with Champion Motors – that represents Volkswagen in Israel and could be a direct bourgeois and distributor of Volkswagen, Audi, ŠKODA, and SEAT – to make a venture for the new initiative giving Mobility-as-a-Service (MaaS), a term accustomed describe a move far away from personal vehicle possession, particularly in urban areas, toward good, shared transportation.
The project is dubbed “New quality in Israel.”
Volkswagen can offer the electrical vehicles and leverage its in-depth information of the planning and preparation of user-centered quality services, whereas Mobileye can offer a turn-key, driverless resolution comprised of hardware, driving policy, safety software package and map knowledge, and Champion Motors can run the fleet operations and center, the businesses aforesaid in an exceedingly statement.
The venture is backed by the Israeli government that has committed its support in 3 areas: furnishing legal and regulative support, sharing the specified infrastructure and traffic knowledge, and providing access to infrastructure as required.
The venture can function a platform for alternative comes that ask for to work MaaS in Israel. The 3 corporations “will use New quality in Israel to function a world beta website for testing the Mobility-as-a-Service model mistreatment autonomous electrical vehicles,” they aforesaid.
The project can begin in early 2019 and can “roll call at phases and grow quickly from many dozen to many self-driving electrical vehicles,” aiming for commercialization by 2022.
Professor Amnon Shashua, Mobileye’s chief executive officer and senior vice chairman at Intel, aforesaid the businesses “are delighted to start a venture with a world-leading automotive OEM, aimed toward delivering a transformational quality service. Our service aims to show intelligence and dynamically adapt to the urban quality wants of the twenty-first Century, the line of work to the mobility-mileage demands at intervals town whereas minimizing the direct/indirect incurred social prices – air/noise pollution, congestion, and safety.”
An Intel representative told the Verge that “this isn’t a run,“ which it’d be “the initial of its kind targeting Level 4/5 business MaaS,” in respect to the highest levels of autonomous driving wherever the vehicle is near-fully or totally autonomous.
“We firmly believe that self-driving electrical vehicles can supply Israel and cities around the world safe, clean and emission-free quality, that is accessible and convenient,” said Dr. musician Diess, the chief of the Volkswagen cluster.
“Champion Motors is investing in autotech and good quality so as to continue providing the Israeli customers with the most effective and most advanced merchandise and services during this space,” aforesaid academician Itzhak Swary, chairman of the board of administrators at Champion Motors. “We are proud to partner with Volkswagen and Mobileye and strengthen our collaboration through this pioneering project, that positions Israel at the spearhead of innovation.”
Mobileye and Intel are a part of another important autonomous vehicle project with BMW cluster, since 2016, to form self-driving cars at Level three (highly automatic driving) and Level 4/5 (fully automatic driving) a reality by 2021. In 2017, the 3 corporations signed AN agreement with edict Chrysler vehicles (FCA) to be the primary manufacturing business to hitch them within the venture. And earlier this year, Israeli detector company Innoviz Technologies declared it’d begin provision BMW cluster with measuring instrument (Light Detection and Ranging) remote sensing technology for its autonomous vehicle production, as a part of the trouble.
The Intel representative aforesaid the separate partnerships are considerably different. “In the case of latest quality in Israel with VW, we have a tendency to are forming a venture AND providing a turn-key Jewish calendar month Kit that may be retrofitted into existing VW cars. within the case of BMW, we have a tendency to operate autonomous driving solutions that may be the future BMW AVs.”
Speaking at the good quality Summit on Monday, Israeli Prime Minister Benjamin Netanyahu applauded the native automotive technical school system for its growth and offerings, speech communication Israel has “become one in every of the 2 or 3 nice centers of this new technology within the world as a result of it’s all concerning huge knowledge, property and AI and also the nexus of the 3.”
The premier joked that Israel had initially tried to become an automaker, launching the Susita (“little horse” in Hebrew), that had the habit of stopping suddenly or falling apart. “Of course, we have a tendency to failing miserably. we have a tendency to couldn’t contend in scale, not on chassis or engines or tires,” he said, therefore Israel turned to technology and currently that the automobile has become “a pc on wheels,” Israel will contend.
There are between 400-500 Israeli corporations within the automotive vehicle technical school arena presently, consistent with OurCrowd and Start-Up Nation Central knowledge. These embrace startups in detector technologies, cybersecurity, safety technical school, quality apps, 3D imaging and other alternatives.
This year has been huge for the Israeli automotive vehicle technical school trade, with recent headlines asserting new partnerships, strategic alliances, investments or buyouts between Israeli corporations and world automobile makers. Hyundai Motor recently launched a brand new strategic partnership with Israeli company Autotalks to develop a next-generation chipset for connected cars. Chinese technical school big Baidu declared it absolutely was teaming with Intel to integrate Jerusalem-based Mobileye technical school into its autonomous vehicle platform.
Other corporations creating headlines have enclosed Aurora Labs, creators of the prognosticative maintenance resolution for future-proof automotive software; Innoviz Technologies; and Cognata’s automotive simulation platform. Moreover, working capital firm Maniv quality, that focuses on the expansion of early-stage Israeli auto-tech startups, declared a brand new $80 million fund for the arena this summer.
“Vehicles haven’t modified that abundant for one hundred years and currently they’re beginning to amendment plenty,” says Olaf Sakkers, AN capitalist in automotive technical school corporations at Maniv quality. “Many elements being developed for computers and smartphones are currently being applied into vehicles: particular process, pc chips that are low cost and climbable, cybersecurity technologies, huge knowledge analysis, cloud computing.
“There’s a protracted list of various styles of technologies that work below the digitization of transportation and there are solely extremely 2 ecosystems globally that are deeply concerned in this: geographical area and Israel,” he told NoCamels this summer.
This story was originally reported in NoCamels.com
It took simply 2 years for Aidoc, an organization providing AI solutions for radiologists, to disrupt the medical imaging field with its distinctive deep learning algorithms that develop acute abnormalities within the body.
Aidoc analyzes mounds of medical pictures – 280,000 scans and enumeration, in keeping with the company’s period hunter, saving 3,274,409 minutes of human work, since its launch in early 2016. the corporate says its solutions facilitate to considerably improve the radiology advancement and enhance the diagnostic method, therefore saving lives.
“We set to focus our resolution on acute pathologies wherever quality of care and time are of the essence,” Aidoc’s co-founder and corporate executive Elad Walach same in a very press statement.
“Radiologists are challenged with responding to giant numbers of acute cases in a very timely fashion. The key, we believe, is to be comprehensive. If you actually wish to impact the daily observe you have got to hide a big portion of the radiologist’s advancement. Our resolution will sift through the entire worklist within the background and highlight cases that need immediate attention, rising radiologist’s time interval,” he said.
The young founders at Aidoc — Walach, archangel Braginsky, co-founder and CTO, and Guy Reiner, co-founder and VP R&D — are all pc and maths whizzes, veterans of Talpiot, the Israeli military’s elite educational program, and are specializing in AI technologies for nearly a decade (each).
Together with Dr. Gal Yaniv, conjointly a Talpiot veteran and therefore the chief medic of the corporate, the Aidoc founders, bushed their early 30s, were ready to pinpoint an aid niche in would like of a remedy to its information clot. Aidoc’s resolution analyzes medical pictures directly when the patient is scanned and notifies the medical specialist of cases with suspected findings to help with prioritization of time-sensitive and doubtless grievous cases.
While hardly the sole AI platform aiming at the aid field, Aidoc’s solutions have garnered accolades quickly. Its brain resolution that works with radiologists to flag acute intracranial hemorrhage (ICH) cases in head CTs got associate degree agency nod in August. And earlier this month, the young startup was named one in every of TIME magazine’s fifty Genius firms of 2018.
“It’s an incredible recognition,” Ariella Shoham, VP of selling at Aidoc, tells NoCamels. “We extremely feel radiology desires [disrupting]. Radiology may be a covert a part of aid that currently received the limelight. It gave North American nation a vote of confidence that we’re doing the correct factor.”
“It is exciting to work out that radiology is back within the battlefront of med-tech. we tend to are a lot of dedicated than ever to continue our half in operating towards addressing growing challenges in radiology, and in developing innovative solutions to resolve a number of the largest information and imaging challenges of our generation,” Walach wrote on the company’s web log, upon news that Aidoc was enclosed within the TIME list.
Radiology has perpetually been a medicine with distinctive technical challenges. the typical hospital generates fifty petabytes of information annually, together with clinical notes, lab tests, medical pictures, and more, in keeping with a press statement by the eu Society of Radiology (ESR).
Yet but 3 p.c of the information is employed, reports ESR. AI once used right, has the potential to create a sense of the information and facilitate improve supplier potency, increase diagnostic accuracy, personalize treatment, change remote and prognosticative maintenance, and maybe most significantly, improve patient expertise.
AI will replace the mundane activities that are terribly long [in the radiology field],” says Shoham. “We must facilitate radiologists become a lot of economical, a lot of correct. Our machine learning will do things radiologists just don’t do.
While issues amongst radiologists that they’re being replaced by machines do exist, healthcare’s future is digital. In fact, AI in aid is exploding and expected to revolutionize potency, quality, access, and prices within the business.
This article was originally reported in NoCamels.com
An Israeli cosmetics startup, that touts the world’s 1st “visual fragrance” technology, won 1st place at JournEY Israel’s “ThePITCH” contest in city on Wed, besting seven different early-stage corporations for the $250,000 prime prize. Amkiri was the primary beauty startup to own won the distinguished competition.
Amkiri, based in 2014 by designer and bourgeois Shoval Shavit Shapiro, her mother Aliza Shavit, a chemistry professional, and serial bourgeois David Chissick, Amkiri creates proprietary beauty product that embrace cosmetics, fragrance, body art, and tattooing.
Earlier this year, the startup launched its newest product, a scented ‘ink’ applied to the skin via specifically developed applicators, with the creation of fragrance-infused body art.
A restricted wares has been accessible since could, with a wider launch expected later this year.
“We wish to rework scent into a physical kind,” Shavit Shapiro aforesaid throughout her pitch at the competition, telling the panel of judges that the product’s scent lasts for twelve hours and therefore the style will remain for as long as 3 days, and may be removed simply with soap and water.
The product vary comes with a liquid ink applied to the skin mistreatment Amkiri’s beauty applicators, together with a brush wand, freehanded wand, stencils, and stamps. The result appearance like temporary tattoos and body art, with a definite fragrance.
The company says the “ink” adapts naturally to the snap and movement of the skin, permitting visual styles created by the user to dry swimmingly and last for an extended time. Shapiro told judges that the team is hoping to collaborate with completely different artists for brand new styles.
“I have continually cherished fragrances, fashion, and cosmetics, and unbroken attempting to mix the 3 whereas experimenting…I asked myself however I may produce a fragrance that’s visual?” Shavit Shapiro told Beauty Packaging magazine in March.
Prior to winning “ThePITCH,” Amkiri was awarded the Scent groundbreaker of 2018 prize at the CEW mortal Awards in Sept, hosted by New York’s CEW (Cosmetic govt Women), a worldwide community of over ten,000 members within the beauty business.
Amkiri, based by Shavit Shapiro, was the winner at thePITCH competition in city, Wednesday, October 17, 2018. icon by Shauli Lendner
Amkiri, based by Shoval Shavit Shapiro, was the winner at thePITCH competition in city, Wednesday, October 17, 2018. icon by Shauli Lendner
In May, North American country transnational firm International Flavors & Fragrances (IFF,) the leading sensory experiences groundbreaker that noninheritable Israeli flavors company Frutarom for over $7 billion deal 5 months past, declared a partnership with Amkiri to harness what Nicolas Mirzayantz, IFF cluster President, Fragrances, referred to as the “extremely showing emotion participating technology.”
“This may be a vital innovation within the fragrance class, merging sturdy and deeply personal visuals with the resonance and feeling of fragrance,” aforesaid IFF Chairman and chief operating officer Andreas Fibig at the time.
The beauty market may be a $464 billion trade worldwide, Shavit Shapiro aforesaid, and Amkiri is hoping to faucet into its period market, that uses social media and style to redefine cultural norms.
The company counts Yuval Shachar, a founder, general partner and managing member of early and expansion-stage VC firm Innovation Endeavors co-founded by Eric Schmidt, and Howard Socol, former chairman and chief operating officer people luxury sales outlet chain Barneys ny as partners.
Stellar competition from different finalists
This is the seventh year that ThePITCH competition has mount command at the JournEY conference, organized and sponsored by the Israeli branch of Ernst & Young international restricted. The conference, in its twenty second year as associate annual confab, brought along one,500 investors, entrepreneurs, and members of the foreign and Israeli risk capital community at the city Hilton edifice on Wed. The conference command panels on insurance technology, blockchain, and computing with attention around artificial intelligence vs. humanity.For the ultimate contest, eight early-stage corporations were fastidiously selected in an exceedingly five-month screening method by investors and consultants in Israel’s risk capital community. Over two hundred corporations had applied.
Some of the finalists enclosed Skyline artificial intelligence, a corporation that uses computing technologies to run robots that clean external windows rather than humans, DoMed, a corporation that developed a cybersecurity resolution to shield medical devices, Flytrex, the favored drone delivery provision service presently delivering food to golfers in North Dakota, and Anzu, associate immersive 3D advertising platform for 3D, VR, and area unit apps.
The winner was chosen, in part, by four judges World Health Organization participated as mentors throughout the screening method. They were Gigi Levy, a serial personal capitalist and partner within the NFX fund, Dr. Aya Sofer, vice chairman of computing at IBM, Eyal Niv, a partner at Pitango, and Boaz Peer, Qualcomm’s investment manager.
Audience members were conjointly asked to vote on-line for his or her startup of alternative ranking the competitory corporations from one to 5 stars in classes like overall performance, product, and team.
This article was originally reported in NoCamels.com
As a country made up of more than 60 percent desert and with little annual rainfall, Israel has over the years defied expectations to become a leader in water and precision agriculture tech, harnessing sensors, drones, robotics, GPS tech, autonomous vehicles, and data science to control and manage farms and livestock.
In just 70 years, Israel has also seen the establishment of some 750 local food tech and Agritech startups dealing with crop and water supervision, alternative protein, and food safety – the majority set up over the past decade.
But few Agritech startups go beyond the satellite imagery and “beneath the soil” to provide insights on crop and irrigation strategy.
One such company is CropX, among just two percent of Agritech intel firms that actually “break ground” for their insights, harnessing the power of big data, machine learning and a cutting-edge cloud-based software in the soil to boost agricultural output from the ground up. CropX CEO Tomer Tzach says 98 percent of agricultural analytics companies only collect data above the soil.
Smart farming standout
Founded in 2014, CropX joined the smart farming evolution by using IoT and analytics to improve farming practices and “give the field a voice.”
In May, the analytics innovator unveiled its latest soil intelligence platform, combining cloud-based analytics software and advanced soil sensor technology that integrates weather data and immediate anomaly detection alerting farmers to issues that affect the soil.
Now offering three updated versions of its unique spiral soil sensor, Tzach says CropX is ahead of the game in a new era of powerful smart sensor tech as “the only sensor to mass market” with “proven results, traction, and customers” driven by global partnerships.
The company already has a strong standing in the United States, where it has offered solutions to drought and water shortage in states like California and Arizona.
“Our system can tell farmers when they need to water and when they don’t,” Tzach tells NoCamels, “we offer applicable, cost-effective solutions across huge acreages.”
CropX recently completed a successful large-scale experiment in Arizona across 114 acres, where its technology was tested on half of an alfalfa field. The other part was irrigated using traditional practices. Results showed 40 percent savings in water, without a negative effect on the crop yield. Additionally, the growing cycle was accelerated, allowing for a potential increase in annual production of 10 percent, the company says.
In the US, CropX is also known for providing solutions for commodity crops such as corn, potatoes, and wheat. This is important, Tzach says, as CropX is currently one of the only soil sensors to cultivate important insights about commodity crops” which can be easily traded, stored for a long time, and grown in large numbers.
In another significant development for the company, CropX has also recently partnered with a subsidiary of one of the largest agriculture distributors in Australia. “This is an exciting milestone in our strategy to work with strategic partners and expand our footprint outside the US, especially in the Southern Hemisphere,” Tzach wrote in a newsletter sent to the company’s network of international investors.
In May, ICL, a leading global specialty minerals and chemicals company based in Tel Aviv also announced a strategic partnership and investment with CropX – the company’s first collaboration with Israel’s startup community in the field of precision agriculture.
Developments in Germany
CropX recently presented its unique technology to German Chancellor Angela Merkel on her state visit to Israel last week. The startup was one of few tapped by the Israeli government to showcase its solutions at an exhibit at the Israel Museum in Jerusalem in front of Merkel, Israeli Minister of Economy and Industry Eli Cohen, Israeli Innovation Authority CEO Aharon Aharon, German Federal Minister for Economic Affairs and Energy Peter Altmaier, and SAP CEO Bill McDermott.
“CropX is a solution that’s both hardware and software,” Tzach, an experienced Israeli Air Force pilot, former investor, and four-time CEO, said during the presentation.
“On the hardware side, we have the soil sensor that farmers put in the ground and it transmits information from the soil to the cloud and into the software piece, which is an app on their phone,” he explained. “So they get this by mail, install this by themselves in just five minutes and almost instantly in just a matter of a few days they know more about their soil then they’ve ever known in the past.” CropX was the only Agritech startup to showcase its tech, among other innovative companies that included Israel’s Pixellot, Rapid Medical, and SpacePharma R&D and Germany’s Brainlab AG and Merck.
“I was excited to see how aware [Merkel] was on the details of the dairy industry in Europe,” Tzach tells NoCamels, noting that he briefly addressed CropX’s solutions for the industry’s dairy issues in dealing with cattle manure management in regions like Ireland and Germany.
There is so much livestock in those regions, he says, that its manure, instead of acting a fertilizer in the soil, will “run off” with the rain and end up in drinking water or leave the soil in drainage water and become an environmental pollutant.
“One of our solutions is to measure both the water and the nitrate in the ground and be able to understand where the nitrate is going. Is it too much? Should we move the cows? There are lots of questions we can provide answers to with our sensors,” Tzach says, “Because the CropX system is very affordable, connects from everywhere, and it’s self-installed, so it’s very scalable. It’s a great solution for areas that need mass deployment.”
This story was originally reported in NoCamels.com
Israel came in twentieth out of one hundred forty countries within the World Economic Forum’s world aggressiveness Report for 2018-2019, revealed in the week, dropping four places from last year’s sixteenth spot, however holding high marks for variety of classes together with innovation, payment on R&D, and positive angle toward entrepreneurial risk.
The annual index revealed initially in 2004, ranks countries’ aggressiveness supported twelve classes (or pillars), together with innovation capability, technological readiness, business dynamism and better education, and ninety-eight indicators (subcategories).
This year, the index introduced changes to the manner countries are assessed consistent with the Fourth age (4IR), together with the addition of subcategories, new benchmarks, and “weighting pillars equally instead of consistent with a country’s current stage of development.”
“The index integrates well-established aspects with new and rising levers that drive productivity and growth… emphasiz[ing] the role of human capital, innovation, resilience, and legerity, as not solely drivers however conjointly shaping options of economic success within the 4IR,” the authors wrote.
The survey “contends that economies must be holistic in their approach to aggressiveness instead of that specialize in a selected issue alone. a powerful performance in one pillar cannot compose for a weak performance in another.”
In last year’s index, Israel hierarchical third within the innovation pillar, down from ordinal the year previous, consistent with the previous sets of evaluations.
This year, Israel hierarchical sixteenth within the “innovation capability” pillar, and its highest ranking during a class were fifth in “business dynamism that appearance at the executive needs of beginning a business still an entrepreneurial culture. However, Israel was the highest performing artist within the “growth of innovative companies” and “attitudes toward entrepreneurial risk” sub-categories of business dynamism, conjointly coming back in first in R&D expenditures as a share of GDP below the “innovation capability” pillar.
Israel hierarchical ordinal out of one hundred forty countries in “venture capital availability” and “ease of finding consummate employees” because of its extremely educated personnel. The country conjointly hierarchical third worldwide with “companies clench riotous ideas” and “multi-stakeholder collaboration.”
The country conjointly did well in education by mean years of schooling (8th globally), skillset of graduates (9th) and overall health (11th globally), however hierarchical low during a range of business-related subcategories together with “budget transparency” (90th), “ease of hiring foreign labor” (125th), credit gap (86th), complexness of tariffs (81st), and fiber web subscriptions (93rd).
Israel “has big to become one in every of the world’s innovation hubs due to a really sturdy innovation system (10th best within the world),” the report browse in relevancy Israel’s tenth spot within the 2018 Bloomberg Innovation Index revealed earlier this year.
“Israel spends the foremost of any country within the index on R&D (4.3 % of GDP), and is wherever entrepreneurial failure is most accepted and innovative corporations grow the fastest…A well-developed money sector (22nd), with the best convenience of capital within the world, conjointly supports a flourishing and innovative non-public sector,” the report browse.
The country’s pool of talent “is well integrated into the work market due to the low level of taxes on labor (5.9 % of companies’ profits), the near-equal participation of ladies (6th globally) and reliance on skilled management (19th).”
However, the dynamism of domestic markets “could be hindered by the presence giant|of huge|of enormous} teams (51st globally in terms of dominance of few large companies), though competition among the service sector, notably in skilled services, remains vivacious (31st),” consistent with the report.
Meanwhile, the United States was by far the competitive country within the world, consistent with the index, inserting initial within the overall ranking still as in business dynamism, market, and economic system. Singapore came in second, Federal Republic of Germany third, European nation fourth, and Japan closed out the top five.
Reporting of this story originally appeared in NoCamels.com
The human eye takes within the world in wealthy three-dimensional detail, with associate spontaneous understanding of depth perception, space, and motion. however, a lot of our digital expertise remains in 2nd.
Mantis Vision, that Israeli company that borrows a part of its name from the praying mantis, insect with a singular sort of 3D vision, is wanting to seriously change however we tend to produce, capture and consume digital content, notably on mobile. The company, based in 2005, developed proprietary, innovative 3D technology supported structured light-weight to capture elaborate 3D environments, additional thus than alternative similar technologies. Structured light-weight is that the method of protruding coded patterns onto scenes and capturing depth and expanse calculations.
Mantis Vision’s technology, per the corporate, uses a special coded light-weight pattern to assemble associate unexampled quantity of knowledge associated “produce a correct, elaborate depth map of the captured scene,” the corporation says. This school is integrated into everything from a hand-held 3D skilled scanner to a cheap camera sufficiently little to suit into a smartphone, and in live volumetrical studio capture. however the applications and prospects go well on the far side.
Mantis Vision says it “empowers shoppers, application developers, and business professionals to instantly capture and share high-quality 3D volumetrical content… transform[ing] objects, places and live individuals into high-resolution 3D digital content in period.”
“Smart vacuum cleaners can navigate an space by sensing specifically wherever things are, instead of bumping into them. Cars can in real time acknowledge once a driver starts dropping off and produce the automobile to a sleek stop on the facet of the road. You’ll be ready to record the globe around you in volumetrical 3D – for an unforgettable wedding video; or a awfully spirited, telepresence hopped-up, word of farewell chat together with your child whereas you’re on the road; or if you’re a vocalizer, your fans everywhere the globe can have the chance to air stage with you, victimization AR on their smartphone or carrying a VR telephone receiver. That’s simply the start of what’s potential,” wrote Dede Goldschmidt, foreign company VC at the Samsung Catalyst Fund, Samsung’s investment arm.
In March, South Korean money news outlet The Bell reportable that the Israeli firm developed 3D sensing camera solutions for the South Korean natural philosophy giant’s next-generation Galaxy S smartphones (also called Galaxy S10.)
Mantis Vision CEO and founder Gur Arie Bitan tells NoCamels that the corporate can’t treat future business merchandise for shoppers, however acknowledges that his firm has “a terribly long relationship with Samsung as a strategic capitalist.”
The Bell reportable that mantid Vision was collaborating with South Korean company Namuga to integrate its distinctive 3D sensing computer code into a camera module. Namuga is Samsung’s camera module provider for mid-range and low-end smartphone series, together with the Galaxy A and J, and additionally provides 3D sensing camera modules for Intel’s RealSense AR cameras.
Samsung’s current Galaxy S9 and S9 and smartphone, whereas equipped with a fingerprint device associated associate Intelligent Scan security feature that mixes information from face recognition and an iris scanner to acknowledge its user, still depends on 2nd solutions, which suggests there’s lots of space for error. Samsung is presently operating with some 3D device suppliers to remedy this, and maybe in an endeavor to require on Apple’s Face ID, launched back in Sept 2017.
Original reporting of this article appears in NoCamels.com. Congrats to Aidoc, WeWork, and Lishtot for making Time’s Top 50 “Genius Companies”!
Three Israeli firms were among fifty ventures elite by TIME Magazine for its list of fifty “genius companies” for 2018 revealed late last week and out there in newsstands.
It is the primary annual “genius companies” list by the prestigious magazine, renowned for its hard-hitting cowl photos. The publication same it asked its immense network of editors and correspondents “to nominate businesses that square measure inventing the longer term,” and evaluated candidates “based on key factors, together with originality, influence, success, and ambition.”
Companies on TIME’s list embody trade giants like Apple, Amazon, Airbnb, Disney, GoFundMe, Nike, and Lockheed Martin. Recent ventures embody Bird, the electrical scooters sharing company that in launched in urban center and Paris this summer, Rihanna’s Fenty Beauty cosmetics line, and therefore the genetic science testing company 23andMe.
Aidoc is a man-made intelligence-powered computer code that analyzes medical pictures of organs to spot the presence of diseases. It assists radiologists in expediting problem-spot detection through specific parameters like neuron-concentration, fluid-flow, and bone-density within the brain, spine, abdomen, and chest.
TIME wrote that “to date, its computer code has worn nearly 260,000 images, saving 50,000 hours of human work,” and therefore the technology is getting used in fifty medical facilities around the world.
Aidoc was supported in 2016 by Guy Reiner, Elad Walach, and Michael Braginsky, graduates of the elite Israeli military program Talpiot, that trains recruits with advanced skills in science and technology to become analysis and development consultants.
“The quantity of knowledge out there has created associate degree overload,” Walach, 30, told TIME. “AI will offer the worth from the information that may extremely impact patient outcomes these days.”
Aidoc has raised $10.5 million thus far, closing a Series A funding spherical for $7 million in Apr 2017. In Dec, it declared that it received atomic number 58 (Conformité Européenne) marking for the world’s 1st business head and neck deep learning medical imaging resolution. It additionally has government agency approval to scan pictures for brain hemorrhages.
Walach same in an exceedingly statement that Aidoc was “truly proud to be operating with such a robust R&D team, that was able to develop a line of merchandise that created market traction vital enough to steer to the present call.”
“It is exciting to determine that radiology is back within the line of med-tech. we tend to square measure a lot of dedicated than ever to continue our half in operating towards addressing growing challenges in radiology, and in developing innovative solutions to resolve a number of the largest knowledge and imaging challenges of our generation,” he wrote.
Aidoc was named by NoCamels jointly of eight innovative Israeli startups confronting brain technical school.
Lishtot, Hebrew for “to drink,” develops merchandise able to effectively and quickly observe contaminants in beverage – while not ever touching it. Lishtot’s TestDrop and TestDrop professional ($49.95) take a look at water quality at intervals some seconds via a hand-held keychain device that tests a sample electronically and returns a blue or red lightweight to point whether or not a water sample is nice to drink or not. they will take a look at for twenty contaminants together with E. coli, lead, arsenic, mercury, copper, chlorine, and macromolecule at Environmental Protection Agency and World Health Organization standards.
The Jerusalem-based company, co-founded by Dr. Alan Bauer, World Health Organization is chief somebody, and Netanel Raisch, World Health Organization is chief operating officer, additionally developed the Lishtot App, that permits users to report issues to utility firms and search, supported location, for knowledge concerning any contamination events, still as add videos, images, comments, and access their testing history.
“We wish to form a platform for beverage quality knowledge and data like nothing that exists these days,” Raisch told NoCamels earlier this year. “People haven’t any plan what’s in their water and it’s the second most essential resource that just about everybody on the earth pays for in a way or another. we expect folks need to understand a lot of concerning the water they drink and that we hope to cement Lishtot because the place everybody goes for information concerning their water.”
The TeStraw, a pen-shaped device presently in development, can provide users associate degree correct indication of specifically what kinds of contaminants square measure within the water sample, still because the specific concentration level. Another future device is that the TestPipe, a sophisticated water-monitoring product that checks the standard of water in residential homes. presently undergoing any development and analysis, the TestPipe is about to suit simply beneath any sink and connect with a LED-light show on the room regulator that, at any given moment, makes positive the faucet water isn’t contaminated.
The startup created international headlines this year with its innovative technical school, snagging 1st place in Jan at the Startup Night competition at the CES 2018 annual conference, the biggest technical school and innovation tradeshow of its kind.
Lishtot was additionally among eighteen Israeli firms elite in Apr for the India-Israel Innovation Challenge, that supports Indian and Israeli entrepreneurs in partnering for digital health, agriculture and water technology solutions in India. Company representatives flew to India with Prime Minister Benjamin Netanyahu as a part of a business delegation.
Workspace empire WeWork was co-founded by Israeli businessperson Adam Neumann and Miguel McKelvey in 2010 in ny. the corporate has since mature to incorporate 373 locations in sixty-nine cities, together with ten in Israel, a majority in urban center.
Last year, when a $300 million investment by Japan’s Softbank, it became valued at over $20 billion and holds the title of the seventh most dear private-market start-up within the world.
The company has additionally commenced offshoots, launching WeLive, associate degree urban co-living community that has well-found flats, communal areas, and shared amenities.