CTech's Thursday Roundup of Israeli Tech News
Israeli cabinet greenlights advisory body for foreign investments; U.S.-China trade war an opportunity for Israeli tech, says venture capitalist
Israeli cabinet greenlights advisory body for foreign investments. Despite previous concerns, the new committee will not oversee Israel’s tech industry. Regulators will decide whether to pass matters on to the committee at their own discretion. Read more
U.S.-China trade war an opportunity for Israeli tech, says venture capitalist. Edouard Cukierman of Cukierman & Co. and Catalyst sees potential in the mounting trade tensions between the U.S. and China, and thinks Israeli companies should steer clear of Chinese politics. Read more
Beijing. Picture: Shutterstock
In Israel, social climbing has a glass ceiling. Israelis born to low-income or undereducated parents are less likely to move up socially, advance in their careers, or engage in academic studies. Read more
China's Haier looks to Israeli tech to make its fridges smarter, says exec. Yifeng (Yael) Zhou, Haier Israel's director of business development, told Calcalist that the Chinese appliance conglomerate's new living room ice bar fridge will be designed in Tel Aviv. Read more
Ad-Blocking startup Namogoo raises $40 million. Namogoo offers websites and online businesses a service that blocks unauthorized ads and distracting content that may disrupt customer experience and engagement. Read more
Invoice management company Stampli raises $25 million. Stampli offers interactive, cloud-based invoice management software, processing more than $12 billion in invoices annually. Read more
Intel leads $16 million round for encrypted data collaboration startup Duality. Duality develops technologies that enable sensitive content to be analyzed and shared by partners through encryption, without relinquishing data privacy. Read more
Porsche backs autonomous driving startup Tactile Mobility. Tactile Mobility develops technology that analyzes data from car sensors and enables autonomous vehicles to get a feel of the road. Read more
Workload management startup Workiz raises $5 million. Workiz develops a mobile app for managing teams and clients intended for small businesses. Read more
