Winners and Losers of the Week: Haifa-based industrial sensor developer Feelit, the winner of Calcalist and KPMG Israel’s Industry 4.0 startup competition
Selection of this week's winners and losers by CTech's Editor
Haifa-based industrial sensor developer Feelit, the winner of Calcalist and KPMG Israel’s Industry 4.0 startup competition, is our winner of the week. Feelit develops printable sensors that can monitor the state of various materials such as the device’s structural integrity, deformation, warping, or external pressure buildup. Read more
Feelit at the Industry 4.0 startup competition. Photo: Orel Cohen 11 Israeli startups that were chosen for a new Tel Aviv accelerator program dedicated to female founders. Out of 7,100 startups active between the years 2000 and 2017, only 7%, or 490 companies, had female founders or co-founders at the helm. The WOSNA accelerator currently hosts a first cohort made up of 11 startups with at least one female founder. Read more
This week’s losers are:
Our loser of the week is over-the-top (OTT) media services company Vonetize, after the Tel Aviv Stock Exchange announced it has suspended trade in the company’s securities. Vonetize announced that its attempts to raise funds have failed, that it cannot repay its bonds, and that the bonds’ trustee has informed the company it must begin insolvency proceedings. Read more
This week’s data point: $8,830
According to a recent survey conducted via Facebook group Machine and Deep Learning Israel, the average monthly wage for Israeli professionals in the AI sector - is NIS 31,000 or $8,830. The highest earners, on average, were those who defined their role as researcher or scientist, with NIS 36,000 ($10,254), followed closely by chief technology officers and machine learning engineers, with NIS 35,000 ($9,970). Read more
This week’s top deals:
Controlled drug release company Polypid raises $50 million. Read more
App engagement analytics startup Neura raises $16 million. Read more
Citi backs fintech startup T-REX. Read more
Freelance work management startup Stoke raises $4.5 million. Read more
Deutsche Telekom, Salesforce back information security startup PerimeterX. Read more
BMW, Toyota partner with computer vision company Cortica. Read more
Visa partners with three Israeli fintech companies. Read more
Investment group Altshuler Shaham acquires valuation-simplifier startup AlgoValue. Read more
Singapore's Clarmont Group acquires majority stake in Israeli aviation company Eviation Aircraft. Read more
VeriFone Israel acquires software startup Action Item for $4 million. Read more
