CTech's Wednesday Roundup of Israeli Tech News
These are the biggest Israeli tech M&As we reported on in 2019; Myriad flaws detected in Israel’s new, Chinese-made light railway cars
15:2525.12.19
2019 in Numbers | These are the biggest Israeli tech M&As we reported on in 2019. Palo Alto Networks’s $560 million acquisition of Demisto in February was the first major size deal in a year that concluded with Intel’s $2 billion acquisition of AI chipmaker Habana Labs. Read more
Palo Alto founder Nir Zuk. Photo: Palo Alto Networks IAI opens innovation center with Starburst Accelerator. The teams chosen for the first class of the accelerator develop radar, robotics, and autonomous driving technologies. Read more
Myriad flaws detected in Israel’s new, Chinese-made light railway cars. Potential problems include the possibility of uncontrolled speeding, derailment, wrong braking orders, malfunction of the fire detection system, doors opening during travel, or not opening during an emergency. Read more
Palo Alto founder Nir Zuk. Photo: Palo Alto Networks
Life sciences venture fund aMoon invests $5 million in cancer drug company. NanoGhosts turns stem cells into a drug delivery system that specifically targets cancerous tumors. Read more
Customer experience startup Copilot raises $5 million. Copilot offers an online service that automatically detects when customers are struggling with a product, communicating with them based on their individual usage patterns. Read more
Surgical AR company Augmedics receives FDA clearance. The company’s headset projects X ray-like 3D visualization of the patient in real-time, allowing surgeons to see through the patient's skin, muscle tissue, and bone. Read more
Lior Weizman to head SAP’s Tel Aviv accelerator. In September, SAP.IO Foundry announced the seven startups selected for its first cohort. Read more
Impact Investment | in the service of health: mosquito sterilization and sensory processing. Creative solution for preventing the spread of disease by mosquitoes and innovative technology that enables identification of autism are two examples of Israeli ventures that try to change the lives of millions through health impact investments. Read more
