CTech's Thursday Roundup of Israeli Tech News

How Tel Aviv became an unlikely sandbox for non-Israeli tech companies looking to expand services; Sustained drug release company UroGen aiming to raise $150 million on Nasdaq

How Tel Aviv became an unlikely sandbox for non-Israeli tech companies looking to expand services. One of the densest tech innovation hubs in the world, the small size of the predominantly Hebrew-speaking Israeli-market used to mean technology services came here late. 2018 signaled a wind change. Read more

 

Sustained drug release company UroGen aiming to raise $150 million on Nasdaq. Goldman Sachs & Co. LLC, JP Morgan, and Jefferies are the joint bookrunners for the offering. Read more

Nasdaq. Photo: Getty Images

 

Opinion | Now that autonomous vehicles are a reality, are autonomous boats next? With the vast majority of international trade handled by ocean-going vessels, there are huge positive consequences associated with automating all or part of this mode of transportation. Read more

 

Amdocs stock falls on warning of short-seller hedge fund Spruce Point. Amdocs closed 8.95% down on Nasdaq on Wednesday but is currently trending up. Read more

 

Clarifruit’s app can pick out the bad apples. The Israeli startup develops an app that uses computer vision and machine learning technologies to quickly evaluate fruits and vegetables. Read more  

 

 

News briefs

 

Online gambling company 888 Holdings appoints Itai Pazner as CEO. Read more

 

Crowdfunding company OurCrowd to invest in new $30 million cannabis fund. Read more

 

Cloud startup Lumigo raises $8 million. Read more

 

Data warehousing startup Varada raises $7.5 million. Read more

 

Commercial real estate startup CrediFi raises $6 million. Read more

 

Intel unveils new 3D tracking camera for drones and robots. Read more