CTech's Sunday Roundup of Israeli Tech News

Israel’s brain drain is getting worse, says new report; Israeli consortium begins gas streaming trial to Egypt

CTech 14:2702.06.19
Israel’s brain drain is getting worse, says new report. In 2014, for every person with an academic degree that returned to Israel, 2.6 such people left. By 2017, the number of negative emigrants rose to 4.5 to each person returning, a 73% increase. Read more
The Technion Israel Institute of Technology. Photo: Technion The Technion Israel Institute of Technology. Photo: Technion
Israeli consortium begins gas streaming trial to Egypt. In February 2018, the Tamar consortium joined the consortium operating Israel’s largest gas field Leviathan to sign a $15 billion deal with Egyptian company Dolphinus to stream 64 billion cubic meters of gas to Egypt. Read more

 

PayPal To establish new customer service center in Israel. The local customer service center will replace the company’s current service, offered to customers through an external company in Bulgaria. Read more

 

Election | What’s next for the Israeli parliament? Less than two months after Israel’s general election, its newly formed parliament voted to dissolve itself and hold a new election in September. Read more

 

This startup will give you thicker skin — in bandage form. The temporary and transparent skin layer that Nanomedic develops is applied without actually touching the damaged skin, and remains in place until it peels off on its own once the patient’s skin is regenerated. Read more

 

Expert | Space is one big petri dish. With return missions to Mars already in the works, it is prudent to develop best practices and protocols to avoid contamination to and from Earth. Read more 

 

Business travel startup Arbitrip will arbitrage your trip. Ever worry that your hotel room price will drop after you booked? Tel Aviv-based Arbitrip develops a platform for companies booking hotel rooms for their employees. Read more

 

At Computex, privacy is a thing of the past. One of the main tasks facing every visitor to international conventions, particularly technological events, is identifying upcoming industry trends. Read more

 

Cancer treatment monitoring startup Techsomed raises $2.6 million. Israel-based Techsomed develops an image analysis system that helps track tissue response to thermal ablation, the process of destroying tumors using extreme heat or cold. Read more

 

Fully autonomous vehicles are still a distant dream, says SAIPS executive. Asaf Kagan, director of the autonomous vehicle sector at Israel-based computer vision and machine learning company SAIPS, acquired by Ford in 2016, spoke Thursday at a Tel Aviv conference on innovation organized by Israeli law firm Pearl Cohen Zedek Latzer Baratz. Read more

 

Citi relocates Israeli venture arm to Labs' Tel Aviv co-working space. The team oversees both venture capital investments in Israel and Citi’s Tel Aviv Accelerator. Read more
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