CTech's Wednesday Roundup of Israeli Tech News
Israeli entrepreneur wants to turn plastic waste into baby oil; After a year of disappointments, the Israeli cannabis industry pins its hopes on 2020
14:4222.01.20
Israeli entrepreneur wants to turn plastic waste into baby oil. Ran Sharon, 49, is the founder and CEO of cleantech company Clariter that promises to take a variety of plastic waste items and turn them into non-toxic, odor-free industrial oil, wax, and solvents that can be used as raw material for various products. Read more
After a year of disappointments, the Israeli cannabis industry pins its hopes on 2020. Calcalist spoke with leading players of the local cannabis industry to see where the wind will blow in the upcoming year. Read more
Plastic waste (illustration). Photo: Bloomberg This startup cures lazy eye with Netflix. NovaSight’s technology treats vision disorders by letting patients watch movies on a special screen that helps train their eyes. Read more
Boeing partners with UAV developer Tactical Robotics. As part of the agreement, the two companies will examine the option of jointly developing, producing and marketing vertical takeoff and landing (VTOL) products. Read more
Microsoft announces plans for cloud datacenter region in Israel. The new cloud region in Israel, set to launch in 2021, will be the company’s 56th region in the world. Read more
Israeli defense contractor Elbit successfully tests aerial firefighting technology. Elbit’s HyDrop is an automated water pellet producing and dispersing system that makes it possible to extinguish fires from an altitude that is four times higher. Read more
FIMI makes $25 million private placement in biomed company Kamada. Israel-based private equity fund FIMI became the largest shareholder in Nasdaq and Tel Aviv-listed Kamada in November. Read more
Cybersecurity startup Intezer raises $15 million. Intezer develops technology that analyzes code on cloud software to detect malware. Read more
Cybersecurity startup Vicarius raises $5 million. Vicarius develops machine learning technology for protecting cloud software by predicting and eliminating software vulnerabilities. Read more
