CTech's Monday Roundup of Israeli Tech News
Beresheet spacecraft advances on its lunar journey; Israel considers regulatory sandbox program for fintech startups
14:0525.02.19
Beresheet spacecraft advances on its lunar journey. The Israeli spacecraft successfully launched Thursday, but sun rays are now getting in the way of its star-based navigation system. Read more
Beresheet's launch. Photo: AP
Beresheet's launch. Photo: AP
Israel considers regulatory sandbox program for fintech startups. The program proposed is intended to promote adoption of innovative fintech technologies in Israel. Read more
Industrial IoT company Tulip raises $18.4 million. Tulip offers manufacturers a no-code platform for creating IoT-enabled digital tools and applications. Read more
Airobotics shuts down Israel manufacture line, lays off 20 workers. In November, the Israel-founded industrial drone maker announced it was relocating to Scottsdale, Arizona. Read more
Online gambling company 888 Holdings buys bingo assets for $23.5 million. Gibraltar-headquartered 888 owns several online gambling brands, among them 888casino, 888poker, 888bingo, and 888sport. Read more
Powtoon acquires Showbox. Both companies offer tools that help people create professional-looking video content. Read more
Spotinst announces partnership with Amazon Web Services. Spotinst optimizes the use of cloud computing services by monitoring the availability and pricing of their computation power. Read more
Bella Grabois Zamir joins Brilliance Ventures. Grabois Zamir has previously worked for KPMG's China practice in Israel and AliExpress in Hangzhou, China. Read more
WeTechBerlin
The drone operator is the most irrelevant part of the drone operation, says Airobotics CEO. Airobotics develops weatherproof automated drones that collect aerial data. Watch the video
Soon you will be able to charge your car in under 10 minutes, Storedot COO says. Erez Lorber, StoreDot’s chief operating officer spoke at Calcalist’s WeTechBerlin conference on Tuesday. Watch the video
Retail isn’t dead—Amazon kidnapped it, says Claltech CEO. Claltech CEO Daniel Shinar was interviewed on stage at Calcalist’s WeTechBerlin conference. Watch the video
Co-living caters to millennials, says short term rental company CEO. By the next year, over 35% of the global workforce will be made of the Y generation, according to Vonder CEO Yoni Karako. Watch the video
