Eyesight Technologies, a provider of edge-based, computer vision AI solutions, for the in-car automotive industry, announced a partnership with a well known, publicly traded Chinese Tier-1, to bring DriverSense, Eyesight's Driver Monitoring System to Automakers in the Chinese market.
Percepto announced it has closed a funding round, raising $15 million. Leading the round was US Venture Partners, together with Spider Capital, Emerge and the South Korean NHN. Percepto has developed autonomous drones, expected to provide autonomous surveillance in industrial locations. The...
StoreDot announced that its new battery technology extends the lifespan of batteries, making them highly effective during a vehicle’s lifespan and for ‘second life’ applications. This improved technology combines the innovative electrochemistry system of the company's silicon dominant cells to ensure minimal drop-off...
Upstream Security, announced that a prominent syndicate of investors, including some of the world's largest OEM automotive vehicle manufacturers, insurance and fleet operators, invested $30 million in a Series-B funding round, bringing the company's total investment to date to $41 million. The...
Ceragon Networks Ltd. reported its financial results for the fourth quarter and full year ended December 31, 2020.
Ira Palti, President & CEO, commented: "2020 was a unique year, to say the least. Given the mass exodus to remote work,...
Intel Capital has led an A-Round of investment in TriEye Ltd., which totaled $17 million. Grove Ventures and Marius Nach the co-Founder of Check Point, also participated in this funding round. TriEye develops infrared imaging technology that allows autonomous vehicles to see...
Airobotics raised NIS 21 million on the Tel Aviv stock exchange, at a value of NIS 100 $31 million) before going public. This is a much lower sum than the company originally anticipated. Airobotics initially contemplated setting its value at $160 million, and...
ElectReon Wireless, a leader in developing and implementing wireless charging for electric vehicles in motion, raises US$50 million in an equity offering to boost a global shift to the cleanest form of mobility - electric vehicles with minimal batteries.
Some of Israel's biggest...
Volvo's investment arm in Israel had a busy Monday. Besides being one of the lead investors in UVeye B-Round, Volvo announced it would invest in MDGo — a unique Israeli company that specializes in analyzing accidents in realtime, and notifying emergency services...
Gett Taxi announced the closure of Juno, its New York rideshare business, effective immediately. Gett also announced a strategic partnership with Lyft to enable Gett's corporate clients to access rides in the United States beginning next year.
Dave Waiser,...