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Verbit raises $23M for its transcription service

29 January 2019

By Frederic Lardinois Fredericl, TechCrunch Verbit, a transcription startup with offices in Tel Aviv and New York, today announced that it has raised a $23 million Series A round led by Viola Ventures. Vertex Ventures, HV Ventures, Oryzn Capital, Vintage Venture Partners and ClalTech also participated in this round. The company, which currently focuses on the […]

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IVC-APM: Vertex, TLV Partners Israel’s most active VC funds

29 January 2019

IVC Research, in cooperation with the Amit, Pollak, Matalon & Co. law firm (APM), today published a report rating the most active venture capital funds in Israel in 2018. Vertex Israel, which manages $960 million, and TLV Partners, which manages $267 million, are rated the most active in Israel, with 11 new investments each in […]

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Retail, really? Isn’t it dead?

29 January 2019

By Aviad Ariel, General Partner at Vertex Ventures In 2018, we invested in 2 Retail-tech companies: Trigo Vision, a developer of a video-based retail automation platform, and another company which is still in stealth. Often the comments we have heard were along the lines of this title, so we decided to share this brief post […]

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Innoviz and HARMAN Partner to Deliver Industry-Leading LiDAR to Automakers

07 January 2019

HARMAN to offer Innoviz LiDAR to OEMs seeking a proven, mass-market ready solution for autonomous and advanced driver assist applications ROSH HA’AYIN, Israel and STAMFORD, Conn., Jan. 7, 2019 /PRNewswire/ — Innoviz Technologies and HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co. Ltd., focused on connected technologies for automotive, consumer and enterprise markets, announced today a newfound strategic partnership to make […]

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Competition to AmazonGo Is Coming From an Unlikely Source

26 December 2018

  By Yaacov Benmeleh, Bloomberg mazon.com Inc. set off a global race to automate grocery shopping. The latest entrant comes from a nation not known for state-of-the-art retail experiences: Israel. Shufersal Ltd., Israel’s largest supermarket chain, is partnering with local startup Trigo Vision Ltd. to eliminate the need for cashiers in its 272 stores, the companies said in a […]

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Punching Above Your Wheat: How Israel Became a Hub for Agtech Startups

24 December 2018

By Ofir Schlam , CEO at Taranis, Ag Funder News Even before the state of Israel’s founding, pioneers emphasized cultivating the land through innovative and efficient agricultural work – 70 years after statehood, the fruits of Israelis’ labor in the fields and in the labs have been born out in the country’s flourishing agtech sector. Amid […]

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Dynamic Yield Makes Deloitte’s 2018 Technology Fast 500 List

28 November 2018

Dynamic Yield is honored to be recognized as a tech leader, earning a spot in the top quartile of Deloitte’s Fast 500 awards program in North America.   The Technology Fast 500 is Deloitte’s annual technology awards program, which ranks the fastest growing technology, media, telecommunications, life sciences, and energy tech companies in North America. […]

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Israeli-based solid-state LiDAR company Innoviz Technologies recently won a CES 2019 award for “Best of Innovation” in its category

19 November 2018

Solid-state LiDAR scanners avoid the problems that plague mechanical systems. (Image courtesy of Innoviz Technologies.) Israeli-based solid-state LiDAR company Innoviz Technologies recently won a CES 2019 award for “Best of Innovation” in its category. The company earlier this yearreleased its MEMS-based scanning LiDAR sensor—InnovizPro—to commercial markets. The CES award however, was achieved for its solid-state LiDAR […]

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Computer vision: how Israel’s secret soldiers drive its tech success

19 November 2018

By Mehul Srivastava , Financial Times When Ofir Schlam, the co-founder of Taranis, an Israeli agriculture tech start-up, was growing up on a farm in Israel, he would regularly wake at 5am to search through the crop for the tiniest caterpillars, pests and rot. Years later, when he joined the military and was attached to the prime minister’s office, […]

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