Archive For The “Israeli Tech” Category
Portions of the content below was originally published by NoCamels.com
New York City said it will partner with Tel Aviv startup network SOSA and Israeli VC Jerusalem Venture Partners to help lead the efforts, alongside Cornell Tech, the joint venture between Cornell University and Israel’s Technion – Israel Institute of Technology, Columbia University, The City University of New York, New York University, iQ4, Fullstack Academy, and LaGuardia Community College.
The initiative, dubbed Cyber NYC, will “grow the cybersecurity sector, will leverage a roster of world-renowned partners to launch a Global Cyber Center, an innovation hub for startups, initiatives to fuel commercialization and research, and new talent pipelines to train the cyber workforce of the future,” NYCEDC said in a statement.
“New royal line town has to be formidable regarding cybersecurity as a result of our future depends on that. Cyber NYC can fuel the following generation of cybersecurity innovation and talent, investing one in every of the world’s greatest threats to make a serious economic anchor and up to ten,000 quality bourgeois jobs,” same NYCEDC President and corporate executive James Patchett.
“We’ve convened a foremost list of partners to assist us on this essential set up, which is able to facilitate defend the industries and other people that build this town the economic powerhouse that it’s these days,” he added.
SOSA, the worldwide innovation platform connecting Israeli startups, can establish the worldwide Cyber Center within the Chelsea neighborhood as an area for NYC’s growing cybersecurity scheme. The 15,000 square-foot center, at 17th Street and 7th avenue, can foster collaboration and innovation with companies, investors, startups, and talent from around the world. the middle will provide trade events, still as a co-working house for startups and a virtual region to run simulations.
SOSA corporate executive Uzi Scheffer says the worldwide Cyber Center can “serve as a middle of gravity for the whole cybersecurity industry” and can “connect the best talent from New York City, the States, Israel, and our entire world network.”
The global platform, with hubs in city and New York, was supported in 2014 by distinguished Israeli investors and entrepreneurs to make an area for technical school innovation whereas additionally promoting joint commercial activity for its members. SOSA’s current network presently provides access to regarding eight,5000 startups, a hundred and fifty investors, capital funds, and international companies.
“SOSA incorporates a long history of shaping sturdy partnerships by conveyance along entrepreneurs and technologies to drive solutions, we tend to|and that we} foresee to doing the identical for the cyber community as we grow our own presence,” Scheffer same. “We can see partnerships fashioned, the pilot comes launched and strategic investments created that may absolutely impact NYC and also the world.”
Jerusalem Venture Partners, the international capital firm, was chosen to ascertain the city’s initial international cybersecurity investment and innovation hub within the SoHo neighborhood to “create the following billion-dollar chance.” Hub.NYC, housed during a fifty,000 square-foot house, can support growth-stage startups, with access to purchasers, business support, and investment. The goal is to grow the startups into major cybersecurity corporations within the town.
“We’re convinced that NYC, the planet capital of finance and media, can shortly emerge because of the new world hub for cybersecurity,” same JVP founder and chairman Erel Margalit. “If the West Coast is that the U.S. technology hub, New York City will become the international technology hub in shut partnership with Israel and also the international community to create the following generation of cybersecurity corporations to counter the new threats.”
The known capital firm supported by Margalit in 1993 has raised over $1.3 billion and supported over a hundred thirty corporations in Israel, Europe, Asia, and the US. JVP has invested in twenty cybersecurity corporations since 1999 and contend a task during a range of company exits, IPOs, and M&As. As well as PayPal’s acquisition of prognostic cybersecurity company CyActive and Huawei’s acquisition of info security supplier Hexatier.
NYCEDC additionally selected Columbia to “connect tutorial inventors of proprietary cybersecurity technologies with full-fledged entrepreneurial talent to launch new cybersecurity startups, fast innovation, and commercialization” through their Columbia Technology Ventures program, that helps the university give mentorships, coaching, and capital to assist early-stage tutorial startups.
City University of New York (CUNY), New York University, Columbia, Cornell technical school, and iQ4 can be part of the initiative to coach cyber specialists through new certifications and degree programs for brand new Yorkers, the statement same. Fullstack Academy, a package development college will lead the Cyber cantonment, which is able to place over one,000 students in jobs with a beginning earnings of $65,000. there’ll even be a six-week preparatory course at CUNY’s LaGuardia junior college (LAGCC) wherever adults will learn the fundamentals of cyber trade package and nomenclature before the cantonment.
The Cyber NYC initiative is “expected to change state the expansion of ten,000 good-paying cybersecurity jobs over the following Diamond Stateside and could be a key part of politician de Blasio’s New York Works set up,” the NYCEDC statement same. it’ll be oil-fired by a $30 million investment, which is able to leverage a further $70 million from personal funding.
Industry leaders can aggroup as partners of the initiative, as well as MasterCard, which is able to use the Cyber cantonment to rent graduates of the program and Facebook, that plans to develop a brand new master’s program with CUNY.
Portions of this article have been gleaned from NoCamels.com.
Israel’s hi-tech sector could be a resonating success story and a serious engine of the economy, using 9 % of the population in a number of the foremost high-salaried positions within the Startup Nation.
But the booming business is headed for a few hiccups, with the Israel Innovation Authority warning last year that the world would shortly suffer from a manpower shortage. One in every of the planned solutions, among many, was to figure on group action members of Israel’s Arab community, that makes up regarding twenty % of the overall population, into the hi-tech business from that it’s been mostly absent. A new report revealed last month by the Inter-Agency Task Force on Israeli Arab problems, semiconductor diode by a coalition of Jewish-American organizations that appearance at Arab citizens’ integration into Israeli advanced, suggests that the work is already current.
According to the report, there has been a noted increase over the past decade within the range of Arab hi-tech engineers and laptop scientists operating within the business, from roughly 350 in 2008, a fraction of the one-hundredth of the proficient hi-tech manpower, or four percent of proficient staff, in 2018.
As of 2008, a mixture of civil society, government, and personal sector initiatives have contributed to an increase within the share of Arab students in technical school fields, a growth within the range of Arab-led startups in numerous stages of development, and a decrease within the economic gap, the task force reports.
While the speed of integration continues to be comparatively tiny, and extremely abundant a piece ongoing, numerous organizations appreciate non-profit Startup Nation Central and therefore the Israel Innovation Authority, the Israeli government’s support arm for native innovation and R&D, have stepped up to assist, launching initiatives meant to extend targeted support to the community. These embody numerous committal to writing boot camps to coach software system developers hoping to enter the manpower, and funding native startups and businesses that train distributed populations.
Subsectors appreciate the Inter-Agency Task Force on Israeli Arab problems and therefore the Israel Innovation’s Authority Head of social Challenges was created to assist slender these economic and social gaps.
Naomi Krieger-Carmy, the previous director of the united kingdom Israel technical school Hub once serving to to create partnerships between British and Israeli corporations and currently the top of social Challenges Division at the Israel Innovation Authority, tells NoCamels that one in every of the items they appear at in her division is, however, the IIA “can harness technological innovation to resolve what we tend to decision ‘societal challenges.’”
With the aim to extend participation in Israel’s booming startup scene, the Israel Innovation Authority has proclaimed the growth of support for minority populations trying to interrupt into a technical school, together with the ultra-Orthodox community, the Arab community, women, voters over forty-five, Ethiopian immigrants, and other people with disabilities. In July, the authority proclaimed it’ll expand its support for ultra-Orthodox technical school entrepreneurs, with startups currently being eligible for grants of NIS two.5 million ($682,000) within the 1st year and up to NIS four.5 million within the second year.
Similarly, the IIA currently has an associate annual budget dedicated to supporting Arab technical school entrepreneurs and their corporations, if a minimum of thirty three % of the company’s shares ar in hand by a founder from associate Arab community.
The idea is to pursue “impact investing” – a likelihood to speculate in things that, besides a monetary come, additionally creates a positive social or public impact, Krieger-Carmy says. “We’re transportation that approach and making an attempt to assist develop the sector here in Israel by making distinctive support tracks for entrepreneurs and firms in those areas,” she explains. For the IIA, impact investment suggests that provision funding to corporations “who may need a more durable business challenge to crack.”
Krieger-Carmy, WHO says the IIA has associate annual budget of NIS one.6 billion (about $448 million) a year, explains that corporations will apply for funding and submit careful requests supported R&D comes.
“When we tend to do fund a project, it’s continually some share of it. We’re continually trying to find the corporate to lift cash in hand on their own,” she explains.
The authority has created efforts to reveal the Arab population to the outstanding hi-tech sector in Israel, introduce Arab entrepreneurs to the opposite potential gumptious Arab engineers, programmers, and entrepreneurs trying to start out their own technical school business, and supply what Krieger-Carmy calls “operational support” wherever Arab-run corporations will apply for funding supported a project.
More on Diane Israel.
In July, the Israel Innovation Authority command an incident at the “Tiltan” faculty in an urban center that promoted these initiatives. The meetup, known as “Exposing Arab Entrepreneurs to the Israel Innovation Authority,” brought along members of the Israeli Arab community interested in applying for funding and hearing about the programs the authority should provide. Representatives of the Israel Innovation Authority and therefore the urban center Municipality together with Ayala Miller, head of high technical school human capital development, Anya Eldan, VP of the Innovation Authority’s Start-Up Division, and Dr. Galit Rand, director of strategic coming up with an analysis at the urban center municipality, bestowed careful info on the method of seeking monetary help from the IIA. A panel of triple-crown Arab entrepreneurs, WHO have seen their own businesses build important headway, was additionally there to share insights.
No checkout retail follows a long evolution of efficiency. Many can recall the days when you could not gas-up your car yourself, when you couldn’t install a telephone (land line) yourself (Ma Bell had to do it for you, and for a charge!), and generally speaking most everything you wanted to do for most services required calling someone. As such, it’s not surprising at all that “self serve” checkout options would evolve to no checkout realities, which is where we’re at right now.
The following article originally appeared and was excerpted from NoCamel.com.
Amazon Go, the primary machine-controlled market to disrupt the retail business, simply proclaimed its fourth cashier-free location in Chicago on. It’s the primary location outside of the e-commerce giant’s town of metropolis — wherever 3 alternative stores have already been found out — and it’s one in all six expected to open this year in cities like the big apple and port of entry.
Amazon’s groundbreaking store is that the most notable example of the new wave of retail automation presently sweeping the market — wherever newest technical school like AI, machine learning, deep learning, and laptop vision is competitive with e-commerce, and reinventing the searching expertise during a brick-and-mortar search.
Amazon Go has forced a true modification in machine-controlled retail. however as common because the stores became, they’re solely Amazon. Customers got to scan their Amazon account on associate Amazon smartphone app so as to use the facilities. therefore what of all the opposite international retailers World Health Organization wish to upgrade their own stores with automation technical school to reinforce the client experience?
Israeli laptop vision startup Trigo Vision emerged from concealing mode in Gregorian calendar month and raised $7 million in seed funding to start rolling out its subtle checkout-free software package, that chief operating officer archangel Gabay says is “scalable” for growth at intervals any store, whereas still being easy enough to use by each client and distributer.
“I assume retailers wish to boost the client expertise. They perceive that folks don’t wish to attend [in lines],” Trigo’s chief operating officer archangel Gabay tells NoCamels, “We develop associate scheme and a scalable answer for each store. We’re not forcing the retailers to alter their layout.”
Gabay, World Health Organization supported the corporate aboard his brother Daniel Gabay, currently the company’s CTO, says that in contrast to Amazon, their team desires to target the technical school and not on the pricey camera system or “sensor fusion” that Amazon uses to form what it calls its “Just Walk Out” technology. They conjointly wish to grant the client a seamless searching expertise with a virtual checkout while not losing the retailer’s character.
They do this by combining a ceiling-based camera network with machine vision algorithms to spot the customer’s correct searching things whereas they’re within the store. to make sure accuracy, the corporate has even designed a demo store in their offices in metropolis.
“Most of the massive retailers have return to our workplace,” Gabay says, as well as vast food chains and major international conglomerates. He tells NoCamels the corporate has affected agreements with major European and yank stores, and even one huge Israeli distributer that has already put in the firm’s system. whereas he can’t disclose details simply nonetheless, Gabay says news regarding the deals ought to be proclaimed in only a couple of weeks time.
Trigo’s straightforward thanks to pay
According to Gabay, Trigo’s system acknowledges that the client desires to shop for the item once he holds it or puts it into his handcart. If the client puts it back, the system can register this and delete it from his purchase list.
The team has return up with 3 ways for purchasers to get their things. One is for purchasers to register their mastercard details before they search within the store. Cameras can then establish the shoppers once they enter the power so that they are mechanically charged as they leave. It’s not biometric identification, Gabay says, noting that privacy is very important. The system simply acknowledges that it’s an individual’s taking one thing off the shelf.
A second technique is for stores to put in a payment screen at the exit, which can list the things selected , effort the client to easily make sure that the list is correct. Then they’ll pay with mastercard or money.
A third approach is to use the Trigo Vision app to get product. The app will send notifications to customers whereas they’re within the store.
Each store will choose the strategy it prefers its customers use, or perhaps adopt quite one possibility.
Gabay reiterates that one in all the simplest aspects of Trigo Vision is that it seeks to learn the distributer likewise because the client. “The reason why retailers take our answer is that we have a tendency to try and eliminate provision which will build life tougher for them,” Gabay says.
The company’s technical school conjointly has the power to assist retailers do internal control and stop larceny once customers don’t seem to be registered. Immediate alerts ar sent to managers once shelves don’t seem to be organized or [*fr1] full or once one thing is missing.
Another profit to retailers is that the various payment choices will facilitate them collect information on searching habits.
“It will facilitate them learn what provide to customers, the way to sell higher,” Gabay says. “Big retailers perceive the potential of automation.”
Supermarket technical school from Israel
Israeli startups perceive the potential of the burgeoning automation business and that they ar luring a number of the world’s most advanced programmers and engineers into the fold to assist them become leaders in market technical school.
Trigo Vision, parenthetically, has former Google, Amazon, and Apple staff on its team, likewise as graduates from the elite Israeli training program Talpiot, that trains recruits with advanced skills in science and technology to become analysis and development specialists. Gabay himself served in associate elite intelligence unit within the army associated his brother Daniel is an AI and laptop vision professional.
Other subtle retail technical school startups returning from Israel includes ShelfX, the inventory management firm that has developed a self-checkout slot machine operational in eighteen totally different countries, established by 2o-year Israeli software package developer veteran Ran Margalit; and SuperSmart, the Israel-based startup that developed a unit for automatic checkouts at supermarkets. The founder and chief operating officer, Yair Cleper, has gathered a team of algorithmic program specialists, software package development leaders, and business insiders to form the efficient, cashier-free system.
This edited story originally appeared in NoCamels.com.
Cleantech defined: Cleantech is an investment philosophy used by investors who wish to profit from environmentally friendly companies. The term stems from “clean technologies.” Cleantech firms seek to increase performance, productivity and efficiency by minimizing negative effects on the environment.
The European Investment Fund (EIF), a part of the EU Investment Bank cluster that delegates finances to little and medium-sized enterprises (SMEs) through non-public banks and funds, declared on weekday that it might create its 1st equity investment, value $20 million, in Israeli cleantech fund Israel Cleantech Ventures (ICV) underneath the EU Commission’s InnovFin program.
Israel Cleantech Ventures could be a specialized working capital fund primarily based in Ra’anana that focuses on providing growth capital to Israel cleantech initiatives, together with within the energy, water, environmental, and industrial technology sectors.
While the EU Investment Fund has partnered with Israel within the past in a very range of how together with a signed agreement with Israel’s Bank Leumi in 2016 to extend disposal that the Israeli bank will give $100 million funding to innovative firms in
Israel, this is often the first-ever equity investment of the EIF in AN Israeli working capital fund. European Union Ambassador to Israel Emanuele Giaufret, Israel Cleantech Ventures Partner Meir Ukeles, European Investment Fund Chief government Pier Luigi Gilbert, Israel Innovation Authority chief operating officer Aharon Aharon, and European Commision Deputy Head of Unit sage Samson cause before the official sign language. Courtesy.
The EIF is creating the investment as a restricted partner in ICV III, the firm’s third fund, presently raising $75 million. This investment could be a direct advantage of Israel’s participation in Horizon 2020, the EU Framework Program for analysis and Innovation from 2014-2020.
ICV III can invest in Israeli seed and early-stage firms in developing the package, hardware, and infrastructure innovation that enhance resource potency and property.
Delegations from each the EIF and ICV, also as members of the EU Commission, the Israel Innovation Authority, and ISERD, the Israel-Europe R&I board, Israel’s national contact purpose with the EU promoting joint Israeli-EU R&D ventures underneath an EU R&D framework, were readily available for the official announcement of the deal.
“ICV has been recognized as a key player that sets it excluding alternative firms,” Pier Luigi Gilibert, Chief government official of the EIF same at the event. Later, in a very statement, “Israel offers a powerful early-stage market chance and ICV III is a sexy 1st investment because of its property focus. EIF’s participation in ICV III is a chance to support innovation through a fund with a longtime presence in Israel and distinctive access to high-quality deal flow.”
Ramona Samson, deputy head of unit at the EU Commission, the organization answerable for proposing legislation and upholding treaties for the EU, referred to as the investment as a “historic deal” in risk funding.
“The handle ICV is proof of Israel’s drive to be leaders of innovation,” she said.
More than simply cleantech
ICV has been creating early-stage and seed investments in Israel since 2006, and with the support of Horizon 2020. ICV’s third fund can aim to continue backing rising leaders with $75 million of capital. To date, ICV has endowed over $150 million in over twenty-five firms from its 1st 2 funds.
Speaking with NoCamels when the sign language ceremony, ICV partner and co-founder Meir Ukeles same this investment and partnership was a minimum of a year within the creating when ICV was introduced to EIF because the European organization was wanting a lot of closely at Israeli analysis and innovation.
“The temporal order puzzled out very well as a result of it absolutely was right once we were setting out to raise our third fund,” he says. “They need to grasp that the strategy of what we’re doing is extremely abundant aligned with what they’re curious about.”
Pharmaceutical R&D has huge barriers to entry. The cost is just too expensive for ambitious startups to even consider, on average about $2.5 billion just to bring a new drug to market. And there’s also a public interest cost which is seldom discussed. Namely, the cynical fact that drugs that can’t make much money are never developed. Hopefully, both of these impediments will lessen in the near future. Once again, artificial intelligence (AI) and machine learning (ML) are at the forefront in the drive reduce the time and cost to develop new drugs. How? By letting the molecules do the talking.
The following article was originally published in NoCamels.com
The cost of developing a new pharmaceutical drug, from the research and development stage to market approval, runs at about $2.6 billion, according to a 2014 report published by the Tufts Center for the Study of Drug Development (CSDD) cited by the Scientific American. It also takes between 10 to 15 years.
Israeli scientists say they have developed a revolutionary smart method to discover and develop new drugs, based on artificial intelligence and machine learning, that will dramatically shorten preparation time and reduce costs.Dr. Kira Radinsky, a renown data scientist and a visiting professor at the Technion – Israel Institute of Technology, and Shahar Harel, a PhD student at the university’s computer science department, presented their system late last month at the KDD 2018 conference in London, an annual event on Big Data and Machine Learning that draws prominent world academics and industry leaders.
Radinsky and Harel’s system seeks to tap into the modern-day, computerized processes of screening and selecting molecules with the greatest therapeutic potential – of which there are more than stars in the galaxy, making this an enormous task.
Their working hypothesis is that drug development “vocabulary” is similar to that of a natural language.
Harel said in a university statement that the system he and Radinsky developed, founded on artificial intelligence (AI) and deep learning, “acquired this language based on hundreds of thousands of molecules.”
“We are essentially presenting here an algorithm which addresses the creative stage of drug development – the molecule discovery stage,” said Harel. “This capacity leans upon our mathematical innovation, which enables the computer to understand the chemical language and to generate new molecules based upon a prototype.”
The researchers instructed the system to propose 1000 drugs based upon old drugs and were surprised to discover that 35 of the new drugs generated by the system are existing, FDA-approved drugs developed and approved after 1950. Radinsky said in a statement that the system “is not only a means of streamlining existing methods but also entirely new drug development and scientific practice paradigms.”
“Instead of seeking out specific correlations based upon hypotheses we formulate, we allow the computer to identify these connections from within a massive sample size, without guidance. The computer is not smarter than man, but it can cope with huge amounts of data and find unexpected correlations,” she added.
Radinsky indicated that a similar computerized process is how, in another study, the scientists managed to find the unknown side effects of various drugs and drug combinations.
“This is a novel type of science which is not built upon hypotheses tested in an experiment, rather, upon data that generated the research hypothesis,” she said.
The Technion said in a statement that the breakthrough is particularly significant in light of Eroom’s Law, which asserts that the number of new drugs approved by the FDA should decline at a rate of approximately 50 percent every nine years. The term was coined in 2012 in an article published in Nature Reviews Drug Discovery and is a reverse order of Moore, the name of Gordon Moore, one of the founders of Intel. Moore observed that the number of transistors in a dense integrated circuit doubles every two years. In contrast, Eroom’s Law notes that each year, fewer and fewer drugs are marketed.
Dr. Radinksy projects that “this new development will accelerate and reduce costs of development of new and effective drugs, thereby shortening the time patients will have to wait for the drugs. In addition, this breakthrough is expected to lead to the development of drugs that would not have been generated with the conventional pharmacological paradigm.”
The system is currently being deployed for use in collaboration with pharmaceutical companies to further analyze the additional generated molecules, the scientists said.
Portions and excerpts of this article were originally reported by NoCamels.com.
The town of Tel Aviv encompasses a sterling name as a sensible city, exploitation its influence united of the world’s ‘techiest cities’ to drive digital initiatives that function a blueprint for different municipalities. it’s conjointly celebrated because the epicentre of Israel’s startup system, sound into the entrepreneurial spirit of its residents for urban development.
In 2014, town was topped the “World’s Smartest town,” besting 250 competitory locations as well as London, New York, and capital of The Netherlands at the good town exposition World Congress in Barcelona, Spain. It remains a badge of honor and therefore the city’s efforts for good transformation have hyperbolic denary since then, nisus for digital revolution.
“Tel Aviv encompasses a technological savvy-ness that’s simple to implement. We’re exploitation that technology as a tool to serve each residents and guests. we wish to be attuned to their desires,” says Eytan Schwartz, chief operating officer of the city-sponsored Tel Aviv world initiative, a project started by the Tel Aviv Mayor’s workplace in 2010 dedicated to elevating the city’s world position as a business center of innovation and entrepreneurship, and as a magnet for foreign corporations, startups, visitors, and students from everywhere the globe.
Schwartz spoke to NoCamels on the sidelines of the DLD Tel Aviv 2018 Digital Conference in the week, wherever he tempered the “Tel Aviv good City” panel. The event is Associate in Nursing annual two-day conference lightness Israel’s distinguished technical school scene that’s a part of a four-day pageant thought-about one amongst the most important sophisticated meetups of the year.
Schwartz and a team of municipality leaders, that embrace Lior Meyer, deputy chief operating officer (marketing and communications) for Tel Aviv world, Liora Schechter, chief info officer of the Tel Aviv municipality, Yaron Klein, chief operating officer of Atarim municipal corporation, and Avi Tamir, co-CEO of the CityZoom Innovation Community, took the panel at DLD to to spotlight four comes that they assert saying} are fast the digitisation of town and enhancing its image.
The DigiTel network
Tel Aviv’s personalised digital communications network DigiTel, launched 5 years agone, may be a project Schwartz calls the “crown jewel” of municipality’s efforts to ascertain Tel Aviv as Associate in Nursing urban innovation leader.
Though the network has been around for a few time, its current goal is to “build up a info of content” which will interact each tourists and residents and facilitate them get the foremost out of their town in a very digital capability, he explained. The Tel Aviv good town folder says over 250 municipal workers from totally different departments feed information into the DigiTel platform so as to update users on services and data relevant to them.
The DigiTel platform conjointly caters to guests through the city’s mobile app, serving as a virtual guide with notifications of cultural events and recreational activities round the town. The municipality says it desires tourists to expertise Tel Aviv like locals, and that they will even get a bespoken check out what to try to to within the town by making a private profile.
“We wish to form a private discussion with folks,” Meyer says, “If one thing goes on within the town, why shouldn’t they realize it?”
DigiTel Residents’ Club and town Card
The DigiTel communication platform has conjointly been increased additional for town residents in keeping with chief info officer Liora Schechter. Residents, beginning at the age of thirteen, will sign on to be members of the DigiTel club and use a special town positive identification for discounts on town services yet as cultural, musical, and sports events. They conjointly get bespoken digital services (including special services for folks and dog-owners) and a novel personalised service that has necessary info regarding town through emails and text messages (including broad events, street closings, and construction.)
The municipality has been adamant regarding gap municipal databases to the general public. once this initial happened, town even launched a contest wherever residents may develop mobile apps for public use supported the open databases. Schechter says the move was a manoeuvre to create encourage residents’ proactive participation. With a profile, residents will actively participate within the improvement of their own neighborhood, municipal services and comes, and get involved within the dialogue regarding the management and style of varied areas of town.
The municipality says over sixty p.c of Tel Aviv residents square measure registered to the service.
The city’s Mediterranean outline is one amongst its most significant aspects, and its digitisation is important to the transformation of town, says Yaron Klein, chief operating officer of Atarim, a state- and municipality-owned corporation engaged with the look and development of traveler and recreation sites, art and cultural compounds, leisure areas, and different parts that promote commercial enterprise in Tel Aviv.
Klein says the beach, that runs fourteen metric linear unit north to Herzliya and south to the suburban area of Bat Yam, has to be “smart” as a result of it’s over nine million guests a year.
“It’s our biggest quality,” Klein says, and points out that whereas abundant has already been done to reinforce its style, with additional construction on its paseo, the installation of motorbike lanes on the bound, and therefore the upgrading of facilities just like the dockage and Gordon Pool, there’s still abundant to be done.
“The coast has become town front room, however it’s conjointly become the geographical point, wherever business choices square measure created,” he said. It’s over simply fitting WLAN on the beach, although he emphasizes that Tel Aviv has the widest wireless distribution of any Israeli town, with eighty affiliation zones.
Klein says the recent Jaffa Port, the traditional port of town of Jaffa that has blossomed into a contemporary mixture of fashionable restaurants and boutiques, art galleries, hip bars, and native trained worker, is that the concentrate of the new plans. the thought is to bring native corporations to the realm by fitting startup hubs and exploitation the port’s resources as well as its 10KW R&D station developed by Israeli company Eco Wave Power, that developed technology to extract energy from ocean and ocean waves and convert it into electricity.
Learn more about Diane Israel.
Smart City HUB
Startup hubs and shared workplaces in Tel Aviv-Yafo square measure everyplace. in keeping with Avi Tamir, co-CEO of the CityZoom Urban Innovation Community providing a support platform for designing and cooperation between governing body, native municipalities, investors, lecturers and multinationals, the municipality is additionally investment within the institution of accelerators, labs, incubators, and shared workspaces, in an attempt to form worth for startups in operation within the good town sector.
Tamir established a partnership with Barak Goldstein of the Kiryat Atidim sophisticated park in north Tel Aviv to create the situation the city’s official good town hub. The Israeli government has conjointly allotted regarding NIS a pair of.5 million ($689,000) to a national program to assist build cities in Israel and round the world smarter, beginning with Tel Aviv.
During the panel, Tamir mentioned the city’s plans for a comprehensive system for open innovation and highlighted the municipality’s efforts to figure with the sophisticated community, investing the quantity of foreign and Fortune five hundred corporations fitting look within the town.
Tel Aviv-Yafo’s groundbreaking digital transformation is steady rising and cities round the world square measure taking notice, the panelists aforesaid. throughout the discussion, Tamir noted that Tel Aviv’s good town zone project transportation hubs, labs, and workplaces, has already reached Associate in Nursing agreement with town of Berlin, that desires to partner with native startups, although he wouldn’t come in details regarding the deal.
Schwartz conjointly noted that Thane, a metropolitan town simply outside of urban center, Asian nation has taken Associate in Nursing interest within the municipality’s DigiTel platform and needs to use it for its own space.
“We square measure terribly proud to be Associate in Nursing example to different cities round the world,” Schwartz aforesaid, “This is one project wherever we discover the mix of technology and therefore the understanding of basic human desires blends dead for United States of America and will one thing special for the folks in Tel Aviv.”
Among the hundred firms square measure ten “hottest startups” from metropolis (and Israel generally). In a piece light the Startup Nation’s monetary capital, WIRED UK’s assistant editor jazz musician Franklin-Wallis referred to as metropolis a “deep-tech powerhouse” that’s “beginning to shake off its name as Europe’s exit capital.”
Franklin-Wallis aforesaid that “a combination of robust technical education (backed by native entrepreneurs’ expertise within the Israeli Defense Forces), high levels of capital and a support network of serial entrepreneurs has established the city’s name for building innovative firms.” And Tel Aviv’s robust support for brand spanking new initiatives, its “vibrant, beachside flavor, various culture and robust international links, still attract first-time founders.”
Israel’s strengths in cybersecurity, computing, and laptop vision have place native startups “high on the searching lists of element Valley’s school giants in recent years.”
But that’s slowly ever-changing.
“The main amendment is that the transformation from startup nation to scale-up nation,” Eyal Gura, a serial angel capitalist and co-founder of equine Medical Vision, told WIRED. equine Medical Vision, that uses computing to browse medical scans to mechanically discover diseases, created WIRED’s list in 2015 .
“We’re seeing a replacement style of daring VCs and entrepreneurs attempting to scale firms to levels that haven’t been seen before,” he explained.
WIRED is slowly rolling out its high ten lists from cities across Europe (and more or less Europe, as Israel is technically in Asia) and therefore the “hottest startups” in Constantinople, London, Berlin, and Helsingfors, square measure already out there on-line.
Here square measure the highest ten from Israel:
Bancor, Associate in Nursing Israeli-Swiss cryptocurrency startup that developed a virtual currency conversion platform, created headlines last year once it raised $153 million in mere 3 hours in Associate in Nursing ICO (initial coin offering). At the time, the corporate aforesaid it absolutely was the second-largest fundraising campaign within the blockchain business.
Founded in 2016 by Guy Benartzi, Eyal Hertzog, Yehuda St. Matthew the Apostle and Galia Benartzi, Bancor allows its users to instantly convert or trade their currencies. In April, Bancor free a crypto pocketbook that gives in-wallet conversion between quite a hundred cryptocurrencies.” In July, it lost some $23.5 million of cryptocurrency tokens in an exceedingly hacking attack.
CommonSense Artificial Intelligence
Founded in 2015, sensible artificial intelligence is Associate in Nursing exciting startup in retail school, that aims to assist on-line retailers provide on-demand, one-hour deliveries mistreatment artificial intelligence and computing. That’s autonomous robots sorting and getting ready delivery merchandise.
The company says its Amazon-style “micro-fulfillment-center is Associate in Nursing urban, machine-controlled fulfillment answer that mixes the advantages of native distribution with the social science of machine-controlled fulfillment, and is re-defining the method merchandise square measure consummated and delivered among cities.”
In April, Israeli media rumored that the corporate was elect by Israel’s largest pharmacy chain, Super-Pharm, to control a supply center in Israel someday later this year. the corporate has up to now raised over $26 million, as well as from Eric Schmidt’s Innovation Ventures.
Tel Aviv-based Healthy.io aims to show smartphones into refined medical specialty devices capable of analyzing excretion samples.
Earlier this year, Healthy.io declared a replacement partnership with the U.S. National excretory organ Foundation (NKF) and Geisinger, one in every of the most important health services organizations in America, for a test mistreatment the smartphone-enabled home qualitative analysis device for chronic nephropathy (CKD) among patients with high force per unit area.
The company was elect among thirteen Israeli startups NoCamels referred to as “pioneers of innovation” to mark Israel’s seventieth day of remembrance.
LawGeex‘s software-as-a-service (SaaS) platform uses computing to change, review and approve the lawfulness of business contracts before they’re signed. it absolutely was supported in 2014 by Noory Bechor, a lawyer, and Ilan Admon, Associate in Nursing AI specialist.
Bechor told WIRED he came up with the thought when wasting hours reviewing documents. “Once you’ve seen many samples of a particular contract kind, the ideas keep continuation themselves,” he said. “I thought, ‘If this can be therefore repetitive, it will be machine-controlled.’”
“Think of it as functioning a similar method Associate in Nursing autopilot works with a pilot: we tend to pay attention of the tiny repetitive tasks, permitting them to target the strategic ones,” he added. The startup has offices in metropolis and ny and shoppers that embrace Deloitte, eBay, Sears and Farmers Insurance. it’s raised over $20 million in funds.
Israeli-founded, New York-based insurance startup ade has been reshaping the insurance market ever since it absolutely was created in 2015 by entrepreneurs Shai Winninger, a co-founder of Fiverr.com, and Daniel Schreiber, former president of Powermat.
The company uses behavioral social science and technology, investment computing and chatbots to deliver insurance policies and handle claims for users in sixteen states. Customers pay a flat rate and realize insurance plans through machine-controlled knowledge analyses. unwanted cash goes to non-profits chosen by customers, that ade says results in fewer false claims.
In late 2017, ade raised $120 million from the Japanese SoftBank cluster, conveyance its total funding so far to $180 million.
Jerusalem-based Lightricks helps amateur photographers and videographers master professional-style photo written material via its apps on Apple and golem.
The company’s Facetune, a portrait retouching application, reached Apple’s popular paid app in 2017. Lightricks is additionally behind the favored Enlight ikon written material app, that was Apple’s App of the Year in 2015, the No.11 bestselling paid iOS app in 2016, and winner of Apple’s prestigious Apple style Awards of 2017. each apps conjointly reached a No.1 rank on iOS charts in over one20 countries.
“Our goal at Lightricks is to relinquish aspiring artists unexampled fun and powerful inventive tools that look and feel sorcerous,” the corporate has aforesaid.
Lightricks has engineered variety of further ability apps, as well as video editor Videoleap and Quickshot. it absolutely was supported in 2013 by Zeev Farber, Amit Goldstein, Nir Pochter, Yaron Ingerman, and Itai Tsiddon.
Learn more about Diane Israel.
Founded in 2015 by entrepreneurs Maya Gura and Gil Bouhnick, Missbeez brings AI to its app platform, permitting busy customers to order beauty treatments and modus vivendi services to their homes or workplaces. The list of services includes manicures, pedicures, massages, spray tans, hair removal, hair styling, and makeup.
The company handles the providers’ payment, route coming up with, and schedules.
“Our mission is to make work opportunities for thousands of freelance professionals,” Gura told WIRED. Missbeez has offices in the metropolis, London, and Madrid.
Herzliya-based Otonomo, Associate in Nursing automotive knowledge services platform for autonomous and connected cars, says it “enables motor vehicle makers, quality service suppliers, and application developers to soundly share and integrate car-generated knowledge so as to create the driving expertise safe, smart, and convenient.”
It was supported in 2015 by Avner Cohen and mountain Volkow and has raised over $40 million so far. Investors have enclosed Aptiv (Delphi Automotive), hollow Technologies Capital, Hearst Ventures, Stageone Ventures, and Maniv quality. Otonomo conjointly incorporates a presence within the U.S., Europe, and Japan.
Vayyar Imaging developed revolutionary technology that may “see” through objects, as well as liquids and human tissue, to deliver 3D pictures, with a bunch of applications.
The school is getting used across business sectors as well as automotive, construction, agriculture, good homes, artificial intelligence and medical aid.
NoCamels rumored in 2017 that Vayyar’s sensor-based technology “can see through skin and tissue to discover cancer plenty, leaf through walls and build a 3D image of hidden structural foundations; or, it will be accustomed produce a sensible home that tracks the placement of persons needing care, moreover as their important signs as they move round the house.”
In May, Vayyar launched what it referred to as the “world’s most advanced millimeter-wave 3D imaging chip,” that provides a high-resolution, mobile, and cost-efficient 3D imaging answer. it’s raised virtually $80 million since it absolutely was supported in 2011.
Vayyar was elect among NoCamels’ 9 “superhero” startups for 2017.
Tel Aviv-based startup Zeek developed a mobile platform that enables users to shop for gift cards and vouchers from major brands at a reduction and sell unwanted gift vouchers for money, providing an answer to the calculable $100 billion of unused gift cards globally.
Founded in 2013 by Daniel Zelkind, Itay Erel, and Ziv Isaiah, its investors have enclosed Waze’s Uri Levine, Qualcomm Ventures, and Scale-Up capital. the corporate incorporates a presence within the United Kingdom.
I have written extensively about artificial intelligence (AI), noting its far-reaching tentacles, diverse applications, and ubiquities. But there’s a companion platform that has been raging for a few years now, and that platform is Blockchain.
Unless you’re a tech geek, you probably have a cursory at best understanding, having heard of it in news reports. The best way to put Blockchain into context is to understand its most popular application: Bitcoin. This cryptocurrency has caused volatile swings in the financial markets, has caused the biggest banks and lending institutions to take notice, even throwing millions in R&D to bone up on the technology.
More on Diane Israel.
What’s important to understand is the relationship between Bitcoin (and other lesser known cryptocurrencies) and Blockchain. Bitcoin runs on blockchain and currently needs blockchain to function.
As such, the marriage between AI and Blockchain is a natural one, although not necessary. The appeal, however, is the security features that blockchain promises, and the egalitarian way in which information is stored and distributed.
The Israeli Connection
Israeli startups are at the forefront of both of these sectors, receiving notable attention and investments from global players which are further propelling Israeli development in these industries.
As recently reported in NoCamels.com:
In Israel, the average investment per deal in AI grew five times in value, from $2 million in 2016 to $10.2 million in 2017. Subsequently, the growth in this sector is reflected in the overall investment numbers for AI in Israel, with the market growing from $55 million in 2016 to $472 million in 2017, according to the Geektime Annual Report 2017: Startups and venture capital in Israel, published in January.
A major setback.
For a few years now, financial institutions have been experimenting with Blockchain for its “very strong” security features. Not so fast, however. What was lost by most was FPI special investigator Robert Mueller’s recent charges filed against senior Russian military leaders, many of whom take their orders directly from Vladimir Putin. What the filing showed, in great detail, is how Mueller’s team was able to deconstruct the way in which the Russians used Bitcoin to pay for everything from website hosting, domain registration, and even paying for Facebook ads. According to many Bitcoin experts, the advantage of Bitcoin/Blockchain is its ability to remain anonymous throughout the transaction process. And while we still don’t know how Mueller’s team was able to attribute a Bitcoin account directly to its true owner is proof positive that the technology is vulnerable.
Netting it out.
What this means is simple. Blockchain may have some appealing features for the marketplace, but security isn’t one of them. As such, the fledgling marriage between AI and Blockchain may be short-lived and was never a necessary one.
Our good friends at NoCamels.com put together this top 10 list of iPhone apps that are made in Israel. Without further ado, here they are. Enjoy.
World Series of Poker
Playtika’s World Series of Poker is one of the top grossing iOS apps, according to Sensor Tower app data market research. The Israeli-founded online games company, owned by a Chinese consortium but run independently from its Herzliya headquarters, has a number of popular titles including House of Fun, Bingo Blitz and Slotmania – and all regularly rank among the top-grossing games on Apple’s App Store.
Playtika, founded in 2010, is a pioneer in the free-to-play games on mobile platforms. The company has said it counts more than six million people in 190 countries playing its games.
Another ride-share app popular on the App Store is Gett (formerly GetTaxi). This Tel Aviv-headquartered company serves more than 120 cities across Europe.
In the US, Gett collaborates with Juno. Unlike other ride-hailing apps, Gett’s GPS-based app hails a licensed taxi to a pickup spot and not a random driver. Gett also offers in-app tipping.
The famous Israeli-developed navigation app, Waze, holds an average 4.8 out of 5 rating in the United States and as such is one of the highest rated iOS apps, according to app analytics firm Sensor Tower. Waze’s community-generated, real-time traffic updates have helped millions of people get to their destinations.
Learn more about Diane Israel.
If you’re looking for a nutrition tracker on the App Store, you’re likely to be directed to the Fooducate app. This free iOS (and Android) app helps people make better food choices. The New York Times, Oprah and the Wall Street Journal have all recommended this Tel Aviv-made app for keeping you healthier and knowing what is in your food.
Scan barcodes and Fooducate will tell you which products have less added sugar, trans fats or fewer food dyes. The award-winning app can track meals, track your hunger levels, give personalized nutrition tips, offer health and diet tips, and offer suggestions for healthier foods. Fooducate is one of Apple’s Best of in the iPhone Health & Fitness category.
Apple, Forbes, Cosmopolitan, CNN and others have chosen 24me as the best iOS app for getting things done. The free personal assistant app puts your notes, calendars, chores and accounts all together for better management.
The company came into being in 2013, shortly after founders Liat and Gilad Hertanu had just welcomed their third child in four years. They needed a product that could help them manage their time. In 2014, the app already secured “Best of the App Store” by Apple. 24me also includes a smart algorithm tool to help you triumph over procrastination.
Couch to 5K Runner
Fitness22 has a series of health and fitness apps on the App store that are all geared to making the gym experience more accessible. The Israeli company, which launched in 2011, has 5/5 star ratings on the App Store and continues to be among the top-rated fitness apps.
Its most popular offering is the award-winning Couch to 5K Runner app, which trains you to run 5-kilometers in eight weeks. This mobile fitness and health company, formerly known as Clear Sky Apps, counts more than 50 million customers the world over using its apps for personal training. In addition to the 5K app, there are also training plans for 10K runs, marathons, as well as pre-made workouts, 0-200 situps and abs-building apps.
Jerusalem-based Lightricks helps amateur photographers and videographers master professional style photo editing via its apps on the iOS App Store. The company’s Facetune fun portrait retouching application reached Apple’s No. 4 best-selling Paid app in 2016. “Our goal at Lightricks is to give aspiring artists unprecedented fun and powerful creative tools that look and feel magical.
The Moovit public transit app is found on Apple’s prestigious list of the best iOS apps from around the world. The Israeli urban mobility data analytics company helps some 170 million riders in 2,200 cities plan bus and train trips from point A to B.
Earlier this year, Moovit announced a partnership with Mobileye, the Jerusalem-based driving-assistance technology firm (acquired by Intel for over $15 billion.).
VP Head of Global Communications at Moovit Steve Swasey told NoCamels that the collaboration would “improve the world’s urban mobility.”
VIA’s mobile ride-hailing app helps people get around. With shared transport now a megatrend in the transportation sector, Via’s goal in connecting multiple passengers going the same way is increasingly welcomed. So much so, in fact, that Via is valued at $1 billion. The iOS app holds an amazing 4.9 out of 5 rating on the App Store and has been called the “future of public transit.”
Lightricks is also behind the popular Enlight photo editing app, which was Apple’s App of the Year (2015), the No.11 bestselling paid iOS app in 2016, and winner of Apple’s prestigious Apple Design Awards of 2017. Both apps also reached a No.1 rank on iOS charts in over 120 countries.
Run Sausage Run
The Run Sausage Run mobile game app logged more than 21 million downloads in its first two months – and over 50 million downloads to date — thanks to an awesome logo and funny storyline. That it is made by TabTale, repeatedly ranked by AppAnnie analytics firm as a Top 10 Mobile Games Publisher, probably also helped in this astounding feat.
The automobile industry is quickly changing. Ten years ago, companies like Tesla (and their many nervous investors) rolled the dice on 100 percent electric vehicles with battery technology nested inside. Since then, many manufacturers, including GM, Toyota, Volkswagen, Volvo, and Ford, did something few expected; they successfully created many successfully hybrid cars that reduced the demand for Tesla, at least indirectly. Meanwhile, Tesla struggled to meet production goals.
But all of this speaks to yesterday’s battle. Today, the battle is clear. Autonomous vehicles and virtually all brick-and-motor car manufacturers are looking elsewhere for this critical third part technology. And while Google may be the thousand pound gorilla in the room, many big players are going lean and more daring by securing contracts with a host of Israeli startups specializing in autonomous vehicle technology, not only the actual brain and IoT infrastructure that will also make this stuff work, but the safety concerns and simulations that ensure it will actually work.
Trade Show Dead (or dying)
This change in technology has also created a paradigm shift in how cars are marketed. Many of the biggest car manufacturers, including Volvo, BMW, Porsche, Mitsubishi, Land Rover, and Jaguar….. are skipping trade shows entirely, finding them “old hat” in the way new models and concepts are promoted.
Learn more about Diane Israel.
With no car heritage of which to speak, Israeli startups are seeking to carve a new tradition for the global auto industry, filled with groundbreaking ideas and technologies.
As such, you can find Regulus trailblazing cyber solutions to defend sensors in autonomous vehicles from being hacked, and Karamba Security and Argus Cyber Security securing connected cars, trucks and commercial vehicles from unwanted data breaches. Then there’s Autotalks, which specializes in vehicle-to-vehicle communications in autonomous driving, as it creates a niche for its pioneering ways to prevent on-road accidents.
There are some 400-500 Israeli tech startups in the auto tech arena today.
Connecting the dots through Analogy
Today, major airlines own (or rent) flight simulators to train their pilots. If you’re thinking what I did when I first heard this, does that mean that the pilot doesn’t actually fly a plane until it’s loaded with passengers? That’s exactly what it means. Flight simulators not only reduce training costs but also provide a level of training and emergency scenarios that could not be achieved by using an actual plane.
Autonomous vehicle technology, and in particular, the hundreds of Isreali companies who are developing these technologies, can be considered the flight simulators of the car industry, only that instead of training a pilot (driver) they are training a neural network.