CTech's Thursday Roundup of Israeli Tech News
Pitango looking to raise $150 million health tech fund; Global trade tensions could tank Israel’s export, report shows
15:1606.06.19
Pitango looking to raise $150 million health tech fund. The new fund has already led a first $7 million investment in Massachusetts-based whole genome sequencing startup Variantyx. Read more
Production of Israeli goods (illustration). Photo: Teva School-age education may offer best hope for Israel’s tech talent crunch, says report. Israel’s tech industry is already tapping most of Israel’s existing highly skilled workers, casting doubt on the viability of various incentive programs intended to draw more people to the sector, according to a new report by the Taub Institute for Social Policy Studies. Read more
Global trade tensions could tank Israel’s export, report shows. A new report by Israel’s Economy Ministry shows the rising global threat of a trade war between the U.S. and China could have a negative effect on Israeli exports, which account for 30% of the country’s GDP.Read more
Production of Israeli goods (illustration). Photo: Teva Japan’s Recruit Holdings looking to tap Israeli startups with new fund. The Japanese media company’s venture capital arm raised $375 million for investment in Israel, the U.S., and India. Read more
Google Express to use compostable packaging from Israeli startup TIPA. TIPA's packaging disintegrates under compost conditions within 180 days. Read more
Israel lags behind most developed countries in gender equality. Israel ranked 31st on the inaugural SDG Gender Index of non-partisan organization Equal Measures 2030. Read more
Exoskeleton developer ReWalk receives FDA clearance for its stroke rehabilitation suit. ReWalk develops exoskeleton systems for people who cannot walk on their own due to spinal cord injuries and soft-frame supportive suits for stroke victims experiencing mobility impairment. Read more
French corporation Bouygues is scouting for Israeli technology. Bouygues representatives will attend the Ecomotion 2019 smart mobility show in Tel Aviv next week, where they will search for technologies in the fields of construction, energy, and smart cities. Read more
Tech industry standards organization MIPI Alliance chooses technology by Valens as standard. Valens manufactures semiconductor products for the delivery of uncompressed HD multimedia content for the automotive, industrial, and consumer electronics markets. Read more
Coworking company Mindspace to open new location in Ramat Gan. Spanning 4,125 square meters, the new space will accommodate approximately 640 people and is expected to open for business by the end of 2019. Read more
