Which blockchain startup raised $6 million and what country are Israeli drones heading to next?
CTech Daily Roundup: Industrial AI startup Seebo raises $9 million in series B round
Israel-based REE recognized as game-changer, granted Bloomberg award. The company’s main product is a wheel arch that includes most of the vehicle’s system. Read more
Survey: Covid-19 crisis has led to dramatic rise in demand for engineering studies. The survey was conducted to coincide with the 5th Afeka Conference for the Development of a National Human Capital Strategy in Engineering that will take place online on July 20. Read more
Israeli startup NovaSight completes $8 million series A funding round. The company’s products help cure myopia in children by using eye-tracking glasses. Read more
Blockchain cybersecurity startup Valid Network raises $6 million. Ten Eleven Ventures led the round with participation from JVP, the company's first investor together with the Israel Innovation Authority in 2018. Read more
Israel-based Iguazio partners with SFL Scientific to speed up AI development. The partnership will help Fortune 1000 companies in sectors across finance, insurance, retail, and more. Read more
Take this down Mia: Audiocodes provides automated note-taking for Microsoft Teams users. The Israeli firm has partnered with Microsoft to assist companies with transcription and note-taking tools during online meetings. Read more
Israel’s credit card giants finally jumping on smartphone payment bandwagon. Isracard, one of the country's largest credit card companies, was the first to launch its product, announcing the addition of the ANYPAY service to its app. Read more
Israeli-made drones to help rescue operations in northern Norway. Atlas Dynamics’ drones are able to fly for hours at a time in extremely cold conditions. Read more
Israeli telco Cellcom ditches Salesforce for Amdocs’ CRM system. Cellcom decided to part ways with Salesforce after the latter refused to significantly reduce its license fee, estimated at an annual cost of over $2 million, according to one person familiar with the matter. Read more
Interview | West Bank solution depends on dialogue, not unilateral annexation, says Mellanox’s Waldman. “In these days of the pandemic, we have a lot more important things to deal with than annexation.” Read more