Coronavirus: First signs of the crisis in Israeli High-Tech

Coronavirus: First signs of the crisis in Israeli High-Tech

Israeli High-Tech Crashed 17% Down from Quarterly Averages of 2019. Only four Seed rounds made since February The upsurge in capital was mostly due to Via’s mega-deal totaling $400 million

 Key findings Q1/2020:

  • Israeli high-tech companies raised $2.74 million in the 1st Quarter of 2020 – a new quarterly record
  • First signs of the crisis – With the advent of COVID-19 virus, only four Seed rounds made since February
  • The upsurge in capital was mostly due to Via’s mega-deal totaling $400 million
  • Eleven deals, each over $50 million; six were mega-deals
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Tesla rises strongly after increasing sales 40% in the first quarter

The US electric car maker Tesla registered worldwide registration volume of 88,400 units during the first quarter of this year, representing a historical figure and an increase of 40.3% compared to last year’s data.

Part of this momentum may come from the opening of its new mega-factory in Shanghai, China. This has been the entire first quarter the factory has been operating, except for two weeks in February for the coronavirus – something Tesla describes as one of the “significant headwinds” of the period. However, it is also unclear how much China has contributed to the overall computation because Tesla

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30 Israeli medical innovations to fight coronavirus

30 Israeli medical innovations to fight coronavirus

Israel’s innovators in the field of diagnostics, treatment, care management are much more, adapting technologies to ease the coronavirus burden on the world.

#CovidCare

The coronavirus crisis is first and foremost about people.

People stuck at home, people out of work. People sick with the virus, people caring for them. People canceling dream weddings and vacations, people deciding public-health policies.

Technology is also about people.

Here in Israel, a powerhouse of innovative technology, people are busy inventing and adapting technologies to ease the corona burden.

“Technology has a great role to play in

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Leviathan rig goes online, supplying natural gas to Israel

Leviathan rig goes online, supplying natural gas to Israel

Despite government reassurances, some local residents evacuate as pipeline expels pollutants ahead of launch; Electric Corp. says consumers to see a reduction in tariffs from Wednesday; Netanyahu praises new supply: ‘Today we made history’

After a series of delays, natural gas began to flow Tuesday afternoon from Israel’s Leviathan rig off the coast of Haifa.

The supply began at around 4:30 pm after several hours of emissions from the rig, which prompted worries and complaints from local residents.

The mammoth gas treatment facility has given rise to concerns of worried citizens,

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Israeli startup to detect coronavirus cases from speech sample analysis

Israeli startup to detect coronavirus cases from speech sample analysis

Israeli startup Cordio will begin clinical trial at Haifa’s Rambam Hospital on a remote diagnostic technology based on speech analysis for determining the status of coronavirus patients

 

Israeli startup Cordio Medical today announced that it will begin a clinical trial on a remote diagnostic technology using AI and speech pattern sample analysis with the use of a cellular application to clarify the status of coronavirus patients.

In the trail at Haifa’s Rambam Hospital Cordio is using its novel HearO solution for identifying deterioration in heart failure patients.  This technology remotely

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Elon Musk donates the first respirators to the city of New York




Elon Musk donated the first respirators purchased by Tesla to the city of New York, but Elon Musk’s image continues to weigh the denialism embraced from the beginning of the pandemic.

Emergencies are emergencies and as such require short-cut gratitude and investment in solidarity. And that’s how in the midst of a pandemic we need to look at Elon Musk with two attitudes: of those who are grateful for what Tesla is doing but at the same time of those who do not forget what they did not do.

Elon Musk: the first respirators given to

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Israeli startups raised over $350 mullion in Dec 2019

Israeli startups raised over $350 mullion in Dec 2019

Israeli tech companies raised a record $8.19 billion in 2019, easily surpassing the $6.4 billion in 2018, which was itself a record.

 

According to IVC, Israeli tech companies raised $6.14 billion in the first nine months of the year. This amount an estimated $2.05 billion in the fourth quarter ($800 million in October, $900 million in November and $350 million in December) for a record $8.19 billion in 2019, easily surpassing the record $6.4 billion raised by Israeli tech companies in 2018, which according to IVC was up from $5.24 billion

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