Who raised $50 million and how can Israel become the next powerhouse in the food tech industry?
CTech Daily Roundup: Five Israeli companies named as World Economic Forum Technology Pioneers
Intel unveils its IPU, while on the hunt for new talent. The new device is designed to relieve servers’ CPUs and manage cloud data communication. The company’s Israeli team hopes to recruit at least 50 engineers as soon as possible. Read more
Earth. Photo: Shutterstock There’s space for improving our world’s infrastructure. Utilis uses space satellites to identify small leaks within exact areas, preventing billions of wasteful activity. Read more
Five Israeli companies named as World Economic Forum Technology Pioneers. The World Economic Forum's selection of the 100 most promising Technology Pioneers of 2021 included CropX, CHEQ, MDClone, Phinergy, and MyndYou. Read more
Carbyne raises $20 million, four months after closing $25 million Series B. Global Medical Response, the largest private emergency medical services provider in the U.S., led the funding and will also partner with the Israeli startup to develop advanced and widely applicable interactive communication solutions. Read more
Fundbox and Indeed partner to extend growth resources to small businesses. “Our new partnership with Indeed points to our next phase of growth as small businesses rebound in 2021,” said Prashant Fuloria, CEO of Fundbox. Read more
Quiet success: Acoustics specialist Silentium raises an additional $20 million in extended series D funding. The company, which has raised over $60 million in total, specializes in active noise control solutions in personal and commercial spaces and eliminating unwanted noise. Read more
Stor.ai partners with Bringg for end-to-end grocery delivery orchestration. The new partnership between the Israeli companies enables individual enterprise retailers to deliver with their own fleets and logistics providers. Read more
Appointments | Ryan Gurney, ex-Googler, joins YL Ventures as CISO-in-Residence. Former Chief Security Officer at Looker, which was acquired by Google, brings customer-centric and early adopter-perspective to support YL Ventures portfolio companies’ expansion. Read more
Opinion | Israel can become the next powerhouse in the food tech industry. In the absence of an active government push, Israel could find itself at the bottom of this race, writes Alla Voldman Rantzer. Read more
