CTech's Tuesday Roundup of Israeli Tech News
Steven Mnuchin, Israeli health officials discuss establishment of Israeli FDA branch; Zero Egg wins Calcalist's foodtech innovation competition
FoodTech 2019 | Zero Egg wins Calcalist's foodtech innovation competition. Zero Egg develops and manufactures a plant-based liquid egg that tastes, looks, and functions like a real egg. Read more
Zero Egg co-founder and CEO Liron Nimrodi. Photo: Orel Cohen As butter shortage spreads, Israelis resort to hoarding and even churning their own. “If someone needs two sticks of butter they buy eight,” an employee of Israel's biggest supermarket chain Shufersal said. Read more
Cannabis company Better Holdings wants to sell Israeli operations. Better used to be the second largest medical cannabis company in Israel with 5,000 patients, but Israel's recent cannabis reform piled trouble on the company, which had yet to be reissued its permanent license under the new, more stringent regulations. Read more
Hyundai joins local partner’s Israeli innovation center. Hyundai will leverage the center to scout for investments in Israeli tech companies in the fields of cybersecurity, autonomous vehicles, drones, transport, and smart mobility. Read more
Jaguar-Land Rover partners with car fleet management startup Fleetonomy. Tel Aviv-based Fleetonomy will provide Jaguar with technology to launch and operate its premium electric chauffeur service Havn. Read more
Auto parts company Denso signs collaboration agreement with robotics startup Kitov. Israel-based Kitov develops artificial intelligence-based solutions for visual inspection in industrial manufacturing. Read more
Nasdaq-listed Fortinet acquires cybersecurity startup EnSilo. EnSilo develops cybersecurity technologies that combine antivirus and post-attack data protection to lower the risk of data theft or ransom demands, even when the system is compromised. Read more
Social trading company eToro expands offices. Etoro enables users to invest in a wide range of financial assets, including cryptocurrencies. Read more
Dell’s Israel R&D head promoted to global head of storage. Vice president Dan Inbar will maintain his current position in addition to his new role at the company. Read more
IBM's Jerusalem medtech accelerator graduates first cohort. The accelerator consists of a six months program for seed and early-stage startups in the medtech and biotech fields. Read more
