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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.
Mention that you do “Consumer tech” as a startup founder and you’d be limiting your funding options to one third of the venture capital funds (in Israel that figure is probably closer to 10%). Until now, consumer tech was perceived as a risky binary investment. But don’t just take it from me.
It has played almost no role in the emergence of current non-US bred startups, including Alibaba in China, Waze from Israel, Paytm in India, and many more. Design the full stack, not just a new software element. Even here, Elon Musk faced this issue with Tesla, needing a support ecosystem as well as new technology.
This latest batch includes new maps for Insurance tech, Industry 4.0, Deep Tech, Passion Tech and Proptech, as well as updated landscapes for cyber security tech and retail tech. Israel has already produced three Insurance Tech Unicorns including Lemonade, Hippo Insurance and Next Insurance.
It has played almost no role in the emergence of current non-US bred startups, including Alibaba in China, Waze from Israel, Paytm in India, and many more. Design the full stack, not just a new software element. Even here, Elon Musk faced this issue with Tesla, needing a support ecosystem as well as new technology.
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.
A s venture funds struggle to raise money in Israel, seed capital, one of the earliest and riskiest stages of investment, is becoming harder and harder to secure. investors the opportunity to participate in the Israeli high-tech market. Janvest: In 2009, roughly 450 Israeli high-tech companies raised a little over $1.0B.
Artificial Intelligence is an important, foundational technology that gets more important every year and will be used to solve more and more problems going forward. These events mean that technology is advancing fast enough to make better decisions than humans in order to accomplish a given task. Chris Rust, Clear Ventures).
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.
——— I’m getting ready to go overseas to teach , and I’ve spent the last week reviewing several countries’ ambitious attempts to kick-start entrepreneurship. In Silicon Valley the equivalent is the journeyman coder or web designer who loves the technology, and takes coding and U/I jobs because it’s a passion.
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.
The workshop participants, of which there were about 30, brought diverse experience and expertise to the table – from young entrepreneurs with just a few years of experience in the consumer web, to seasoned executives with decades of experience in semiconductors, telecommunications and enterprise software. By: Geoffrey Mugliston.
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.
Today, with the decentralising nature of the Internet, distributed cloud technology and a growing sentiment toward entrepreneurship, the global startup ecosystem has never been so dispersed. And this is just one of the many pioneering technologies surfacing out of this mid-sized Southern city of the Netherlands. Pune, India?.
DataRails , the financial analysis and reporting software startup, has announced the hiring of David Rosenberg as the company’s new VP of customer success. million for the software startup to date, with the latest round, a two-part Series A, completing in June 2021. DataRails has already raised $53.5
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.
Much like mobile technology became a de facto part of every startup, AI is no longer a category but the core or a component of every product. As the technology evolves, we’ll continue to see an increase in new data products and data teams. This shift is particularly significant in the realm of Large Language Models (LLMs).
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.
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’s economy grew 4.7% In April, the Bank of Israel raised its 2011 growth forecast to 4.5%
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.
By contrast, as a venture capitalist, I can report that almost all of our portfolio companies are desperate to hire talented software engineers, and eager to hire in a range of other roles. Organizations like Worldwide Investor Network and the US-Israel Business Council are helpful in this area.
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.
Below is a recap of some of September’s Israeli tech headlines: Investment rounds. uTest has established itself as the world’s largest marketplace for software testing services, with over 25,000 testers in over 160 countries. Founded by CEO Meir (Iri) Zohar, eXalate has offices in New York and Kfar Saba, Israel.
Data by Carta (mostly US companies) reveals that although on average startups saw a 50% reduction in funding in 2023 (the impact in Israel was closer to 65%) pre-seed funding rounds rose by 51%! Therefore, software startups (it depends of course) need less money than ever before to build an MVP and get to first customers.
Reports on the drop of local VC financing in Israel don’t tell the whole story. The latest IVC report reveals that in 2011, 546 Israeli high-tech companies raised $2.14 Let’s take a look at how VC money was deployed in Israel 2011. Companies have shifted from producing pure technology to producing consumer products.
” Milton Berle At the moment of publication of this post, over 95,508 tech employees from 308 companies were laid off since the beginning of 2023 according to Layoffs.fyi. In Israel, the market I actively invest in, the number stands on 2,000. “If Opportunity Doesn’t Knock, Build a Door.”
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.
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.
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Every year, LinkedIn recognises the most in demand companies in each of the major startup hubs, but this year they failed to include Israel. After several comments, the editor said that they will add Israel and a couple of other countries next week. There’s been a lot of excitement and drama in the wider tech world this week.
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(!)
This is another example of how Israeli tech continues to deliver #NOMATTERWHAT. In the wider tech world, it’s been another momentous week. and team Prime Security on your $6M seed round to to build security guardrails into the software design phase, leveraging AI! Well done Michael N.
This is one of the largest funds raised in the first quarter of 2010 as VC funds struggle to raise money due to poor performance and low liquidity. Geography : The Company invests throughout the world, with most investments are made in North America, Europe, Israel and India. Tags: Battery Ventures Israel venture capital.
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).
And, if current technological trends and advances are anything to go by, there’s still a lot of potential for online gaming yet! The report also predicts that by that time, 30% of all internet surfing worldwide will be carried out without any screen, instead being powered by voice-activation software, such as Apple’s Siri or Google Assistant.
Earlier this week YL Ventures announced a 7-figure USD investment in Israel-based Seculert , a new non-intrusive Security-as-a-Service that comprehensively detects cyber threats affecting corporate networks. And last September, Hewlett Packard acquired security-software maker ArcSight Inc. The exact sum was not disclosed.
Five international MBA programs also boast Unicorn founders, namely INSEAD (France / Singapore / UAE), IIM Calcutta (India), Vienna University (Austria), Tel Aviv University (Israel), and University of Otago (New Zealand) (Please note that I only included MBA programs, and excluded Masters in Science degrees). UCLA Anderson).
Reports on the drop of local VC financing in Israel don’t tell the whole story. The latest IVC report reveals that in 2011, 546 Israeli high-tech companies raised $2.14 Let’s take a look at how VC money was deployed in Israel 2011. Companies have shifted from producing pure technology to producing consumer products.
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. The talent pool for AI startups in Israel is deep. But it’s not only the AI startups that are active in the generative AI space.
We reviewed CB Insights’ global list of “40 of the Best VC Bets of all Time.” Of the 19 Western Europe/Israel-based founders, all were white. Gender and venture capital decision-making: The effects of technical background and social capital on entrepreneurial evaluations. All of the 40 companies’ 92 founders were male.
The image to the left is an ad created by Yehoshua TBWA, Israel for betili. A math lesson from @benkunz about QR codes - [link]. Legal Contracts for Software Developers Who Hate Contracts (w/free contract template tco use today) – [link]. A math lesson from @benkunz about QR codes - [link].
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. Annualised, this would be 2.7x
their zip code), and be sure to learn details like the size of the area, its population density, and its climate. “We We think that our customers are more likely to live in suburban areas—zip codes with slightly above average median incomes, in areas with a relatively mild climate all year long, like San Diego. and Israel.
Eyeblaster , an Israeli company headquartered in New York, develops several media-rich advertising formats (see examples here and here ) and interactive ad features , as well as MediaMind , campaign management software for agencies and online advertisers. Its main shareholder is Sycamore Technologies Ventures, which owns 33.9
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