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In my experience, the Silicon Valley startup model, focused on disrupting established industries, has treated the USA well and created some great global businesses. In effect, Silicon Valley needs to take a more global perspective. Even here, Elon Musk faced this issue with Tesla, needing a support ecosystem as well as new technology.
Heralding a new era of digital transformation, technologies like artificial intelligence (AI) are being infused exponentially into the world around us. Most notably, the ground-breaking development and rapid global distribution of mRNA vaccines highlighted the speed and scale of technological advances to outsmart humanity’s most dire threats.
In my experience, the Silicon Valley startup model, focused on disrupting established industries, has treated the USA well and created some great global businesses. In effect, Silicon Valley needs to take a more global perspective. Even here, Elon Musk faced this issue with Tesla, needing a support ecosystem as well as new technology.
The previous post described how China built its science and technology infrastructure. This post is about the how the Chinese government engineered technology clusters. Of all the Chinese government programs, the Torch Program is the one program that kick-started Chinese high-tech innovation and startups. Innovation Clusters.
From Silicon Valley to Silicon Alley, and Berlin’s hip coffee shops to East London’s Silicon Roundabout , the world is well versed in the global innovation boom towns. Dubbed by Forbes as the most inventive city in the world due to its “patent intensity”, Eindhoven is a hotbed for hardware design and high-tech innovation.
Innovate Israel 2012 aims to connect Israeli web, mobile & digital entrepreneurs & businesses with their UK & European counterparts. The UK is Israel’s second largest export market following the US, but Israeli startups often ‘forget Europe’ when it comes to Internationalizing their product.
In this posts I review the potential risks for the Israeli tech ecosystem and the mitigating factors that counter some of them. According to the 2021 TechReview report by IVC , Israeli tech startups attracted a record of $25.6 Israeli tech investments 2015-2021 (source: IVC ). Part of a global trend.
A few months ago, VC Cafe launched a series on startup engagement and outreach programs of large tech companies. Amazon Corporate Development – Notable acquisitions include Whole Foods ($13.7B), smart doorbell system Ring ($1.2B, 2018) and autonomous mobility technology Zoox ($1.2bn). AI startups in the Alexa Fund portfolio.
The IVC-LeumiTech Israeli TechReview Q3/2024 full report will be published in October, but the preliminary numbers released today provide a reason for optimism, which is pretty remarkable, given the war. Not bad, considering the that all of this happened while Israel is fighting a war on seven different fronts.
Tech can play a role in helping on various fronts: Startups and tech companies working directly on tackling Coronavirus – from prevention to testing and patient care. At the time of writing this post there’s already been over 110 entries from Europe and Israel. In this post, I’ll be covering #2 only.
As every month, VC Cafe is re-posting the “Invest in Israel” Newsletter, published by the investment promotion center of Israel’s Ministry of Industry, Trade and Labor , which offers many helpful tools for prospecting investors. For the Invest in Israel archive, click here. The Israel/U.S.
In the big picture, it’s needless to say that the market is going through a challenging economic period, but despite tech layoffs and a decline investments in Q2 2022 (as was seen in the US) the Israeli tech industry faired well. IVC/Leumi TechIsraeltechreview Q2 2022. billion in 395 deals.
While Silicon Valley remains a hub of technological innovation, it is not the only hi-tech enclave where big ideas are brought to the fore in the commercial arena. As the world’s second largest start-up nation, Israel has witnessed unprecedented success in this sphere. Intezer.com. oz-code.com.
The previous post described how China built its science and technology infrastructure. This post is about the how the Chinese government engineered technology clusters. Of all the Chinese government programs, the Torch Program is the one program that kick-started Chinese high-tech innovation and startups. Innovation Clusters.
I spent two weeks of December in Chile as a guest of Professor Cristóbal García, Director of EmprendeUC at the Catholic University of Chile , which just signed up a 3-year collaboration partnership with Stanford’s Technology Ventures Program. Yet the copper companies import nearly 100% of the advanced technology they use.
This edition includes maps of Israeli startups building the Metaverse, Insurtech, Martitime tech, Proptech and Contech, Digital Health, Smart Logistics and Supply Chain, Sports Tech and ecommerce. Metaverse tech. The landscape was officially published in Calcalist , Israel’s top business publication. Maritime Tech.
A s every month, VC Cafe is re-posting the “Invest in Israel” Newsletter, published by the investment promotion center of Israel’s Ministry of Industry, Trade and Labor , which offers many helpful tools for prospecting investors. See the October 2010 edition after the jump. For previous editions, click here.
The tech world has seen a shift away from Silicon Valley, with Israel now dominating the world’s startup economy. Information Age mentions that the tech sector provides the backbone for the country’s economy. Israel’s tech sector and ecosystem has led to innovation on an unprecedented scale.
Despite the strong start to the year, it’s been a turbulent period for the tech industry with several venture backed shut downs (such as NanoLock Security , GuardKnox , etc) and big layoffs announcements from Intel Corporation , AppsFlyer , Placer.ai In the wider tech world, it’s been a momentous week.
As every month, VC Cafe is re-posting the “Invest in Israel” Newsletter, published by the investment promotion center of Israel’s Ministry of Industry, Trade and Labor , which offers many helpful tools for prospecting investors. ISRAEL TO TRADE FREELY WITH MERCOSUR; ARGENTINA – ISRAEL SIGN FTA.
Others in that cohort included Zviki Shimon (CFO), Yair Areli (senior VP of global sales), Nir Mandel (VP of product management), and Aviv Canaani (VP of marketing). Investors include Zeev Ventures, Innovation Endeavors, and Vertex Ventures Israel. DataRails has already raised $53.5
While the intention was to fully privatize the venture capital industry, the drought of funds in Israel spurred the need a ‘bail out’ of the high-tech sector, in the form of by public sector programs to resuscitate investments in high-tech companies and retain innovative start ups in the country.
MDR LAB is a startup accelerator for tech start-ups in the legal space. Open to early stage and growth technology start-ups, applications are welcome from companies at concept through to revenue-generating stage, as long as the product or service is applicable to the legal industry. Legal Tech Innovation Categories.
Most tech CEOs tend to understand the power of Twitter, and as such, this is the most popular category. Legendary tech entrepreneurs, startup celebrities, and even the creators of Twitter itself are on the service. gazelle_CEO : Gazelle CEO Israel Ganot discusses gadget trade-in, smarter consumption, and reCommerce.
In the last 3 months of 2024, Israel’s GDP shrank by 20% in annualised term s and Israel’s credit rating was downgraded by Moodys. But here comes the narrative violation: despite the challenges, Israeli tech continues to power on. What is important for them now in the context of Israel is a permanent ceasefire.
The high-tech industry, which has been a cornerstone of Israel’s economy, contributing over 40% of GDP growth from 2018-2023 and representing 53% of its exports, is now navigating through a period of adjustment and uncertainty. The trend indicates a return to 2018 levels, reflecting the global downturn in investments.
The top 20 tech billionaires globally have lost $480 billion on paper in the past year. This is largely due to several major stock market crashes and global economic uncertainties. And finally Israel, the market I cover primarily with Remagine Ventures , was also down 36%, resembling the 2020 levels.
A technology founder pointed out that it does not help that Singapore’s Economic Development Board (EDB) , in encouraging large technology firms to set up shop in Singapore, lead to these companies competing with local firms for limited talent. “They have no idea what they want in life,&# Leong sighed.
A s every month, VC Cafe is re-posting the “Invest in Israel” Newsletter, published by the investment promotion center of Israel’s Ministry of Industry, Trade and Labor , which offers many helpful tools for prospecting investors. Foreign direct investment in Israel reached $3.8 See the March 2010 edition after the jump.
Reflecting on this journey, the tech world was a completely different landscape back then. I’ve written on the VC boom (when money was cheap and duediligence was minimal) to the major reckoning that followed and we’re still yet to see its full impact. Thank you for your support.
This brings back into the spotlight the technologies of Augmented Reality and Virtual Reality. Given it eliminates distance, travel time and costs, “this technology will likely stick around long after COVID-19 fears pass,” according to the Forbes article. In 2019 we had $6 million in revenue. In 2020 we think we could triple that.
You’ve decided to launch a technology-enabled startup with a positive social impact! I worked with outsourced research firm Wonder * to identify all of the institutions we could who support tech impact startups with cash and community, and in many cases without dilution. Aspen Tech Policy Hub. Congratulations!
Back in 2016, Europe and Israel had only four public companies worth less than $9B combined and local cloud companies had raised just $900M throughout 2015. Today, Europe and Israel have generated 23 public companies worth $231B and private cloud financing reached c. of market capitalization. The Index added another $0.9T
This would not be as impressive during ‘normal times’ in Israel, but the fact that we’re seeing such level of activity in the middle of a war (with most airlines halting flights to Israel), this is not trivial. In the wider tech world, Bitcoin nearly crossed the $100K mark, Anthropic raised another $4 billion(!)
More about Firgun and why it matters on VC Cafe : [link] Yahya Sinwar, a key figure behind the deadliest terror attack on Israel, is dead. This week in tech, Elon Musk’ s SpaceX accomplished a historic feat, catching a 19-story tall rocket booster (aka Super Heavy booster), in mid-air with Mechazilla chopsticks (see video below).
This is another example of how Israeli tech continues to deliver #NOMATTERWHAT. In the wider tech world, it’s been another momentous week. LINKS FOR YOUR BROWSER Israel: Why investors are still bullish on Israel even in war time? A year of war: How has the Start-Up Nation’s hi-tech sector been impacted?
News )—Stanford GSB, Harvard Business School, UPenn Wharton, Chicago Booth, MIT Sloan, Kellogg, UC Berkeley Haas, and Columbia Business School—and eight of the top ten global MBA programs , are all on the list of unicorns. Global Fashion Group (3x HBS, 2x Wharton). Of these MBA unicorns, 63 founders are represented. Shazam (GSB, Haas).
Japan is the world’s #3 economy…but not for Israel. In September, NEC becomes the first Japanese multinational to launch an R&D Center in Israel, focusing on cyber security. Prime Minister Shinzo Abe, keen to reassert Japan as a leading global player, and fearful of an ascendant China, is encouraging stronger ties with Israel.
More and more, people are experimenting with these new technologies that enable anyone to write better, brainstorm, invent, craft and get inspired with text, images, video, voice, music and more. While ChatGPT is most famously known, there are over 750 generative AI globally. The talent pool for AI startups in Israel is deep.
At today's roundtable, we had entrepreneurs presenting from Brazil, Israel and India. Next, Nir Savitzki from Israel, presented JobVoyage , a social CRM service for job seekers. Up last, Leandro Telles from Brazil, pitched ledface , a knowledge management technology company that still needs a business strategy. Estate Lister.
T he VC funding news from Israel are piling up on my inbox. Fred Wilson warns that it is starting to feel like a bubble again, with VCs writing $5 and $10 million dollar checks with very little duediligence, sometimes showing up to a first meeting with a term sheet… Israeli startup headlines for Nov 15, 2010.
Daily deal sites like have taken root in cities all over Israel, with over 80 currently running deals. Back in January 2011, Groupon bought out Grouper.co.il , Israel’s first to market daily deal site for an estimated $8-15 million US dollars. Groupon Israel).” By Benjamin Bakhshi. 90,000, and Groupon.co.il made a palsy ?
T he VC funding news from Israel are piling up on my inbox. Fred Wilson warns that it is starting to feel like a bubble again, with VCs writing $5 and $10 million dollar checks with very little duediligence, sometimes showing up to a first meeting with a term sheet… Israeli startup headlines for Nov 15, 2010.
The VC funding news from Israel are piling up on my inbox. Fred Wilson warns that it is starting to feel like a bubble again, with VCs writing $5 and $10 million dollar checks with very little duediligence, sometimes showing up to a first meeting with a term sheet… Israeli startup headlines for Nov 15, 2010.
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