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Intel’s Mobileye deal marks Israel as autonomous tech hub

Israel’s emergence as a center for automotive technology got a vote of confidence on Monday when Intel Corp. said it would pay $15 billion for Mobileye NV, a Jerusalem-based maker of chips and software for driverless cars.

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OurCrowd & Portfolio Companies in the News

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Huffington Post

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Globes

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TechCrunch

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Jerusalem Post

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Israeli tech firms revving up engines for self-driving cars

As the world moves toward an era of self-driving cars, Israel is positioning itself to be the Detroit of the future.

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Catching up to Tel Aviv, Jerusalem rising in world’s ranking of

start-up hubs

“With a population of almost 1 million – one-third of which is Muslim – Jerusalem’s start-up ecosystem thrives on diversity and the actions of a helpful city government,” the report stated.

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From tragedy to tech: Israelis and Rwandans partner to build the

‘African Start-up Nation’

Two Israeli entrepreneurs seek to use all their hometown resources to help support the Rwandan capital of Kigali on its journey to becoming the African Start-up Nation.

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News Nuggets
  • BMW mulls Israeli smart car R&D center (Globes)
  • Israeli company Dyadic Security raises $12M (NoCamels)
  • Israeli app builder company ScyllaDB raises $16M (Globes)
  • Logistics platform company Bringg raises $10M (NoCamels)
  • Using robotics and ultrasound to guide and insert needles (Israel21c)
 
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