CTech's Thursday Roundup of Israeli Tech News
Tel Aviv is home to over 100 multinationals, City says; Enlivex leveraged coronavirus to get money out of shareholders
Tel Aviv is home to over 100 multinationals, City says. Sixteen new tech companies opened offices in the city over the past year, according to city data. Read more
Opinion | Enlivex leveraged coronavirus to get money out of shareholders. The company announced on Monday a plan to increase the manufacturing capacity for its experimental drug “in preparation for potential requests for treatment of coronavirus patients” and used the resulting stock boost to raise a direct offering of $8 million. Read more
Coronavirus. Photo: Tal Shahar
Israelis living in rural areas are severely disadvantaged in terms of healthcare, report says. A Thursday report published by the Israeli Ministry of Health reveals the healthcare gap between Israel’s center and its periphery just keeps growing. The country as a whole is not doing that great, either. Read more
Intel Ignite graduates first cohort. The nine graduating startups are set to present their technology to global tech executives at a Tel Aviv event next week. Read more
Election | Supreme Court rejects petition against campaign management app Elector. The petition urged the court to stop Israel’s ruling party Likud from using the campaign management app that has been hacked multiple times. Read more
New accelerator catering to Bedouin entrepreneurs launches in Israel's Negev desert. As part of the program, each participating project will receive a grant of between $8,700 and $14,500. Read more
K Health raises $48 million. K Health develops a digital assistant that uses crowd-sourced data about medical symptoms to provide users with diagnostic information and treatment suggestions. Read more
Website building startup Elementor raises $15 million. Elementor develops freemium software that lets users build WordPress web pages using a drag and drop interface. Read more
