Israel Is High on Medical Marijuana
Google CEO Eric Schmidt believes Israeli entrepreneurs succeed because they challenge authority, question everything and don’t play by the rules. Schmidt’s statements not only apply to Israel’s high tech businesses and start-up companies, but also to its budding medical marijuana industry. From organic chemists to entrepreneurs, nearly everyone in Israel’s field of medical marijuana attributes at least a part of their success to Israel’s culture of rule-bending and not taking “no” for an answer.
Introducing: ‘Waze’ for Walkers
The Israeli app Waze took the world by storm, making it easier for drivers across the world to bypass traffic and reach their destination quickly. Now there’s Sidekix, an Israeli navigation app geared to people walking in cities. The iOS app shows walkers the best on-foot routes, even orienting the map as you move so you always know which way is forward.
Day of the Deal: Four Israeli Startups Raise a Combined $107 Million
For Israel’s Startup Nation, Tuesday was a big deal, or more exactly five big deals: Four startup companies raised a combined $107 million from investors while a fifth company was sold for 300 million-shekel ($79.3 million) valuation.
All four of the startup raising capital pulled in double-digit investments, with cyber-security company Claroty exiting stealth mode after two years of operations to announce it had raised $32 million.
10 Israelis Making a Mark on New York’s Tech Scene
The number of Israeli startups taking root in New York City is growing all the time. From the likes of Outbrain, Taboola, HyPR and WeWork, which created industries; to StartApp, Keywee, Wishi and Apester, which are enhancing market niches, Hebrew-speaking entrepreneurs are helping to propel the NYC tech scene forward. ISRAEL21c presents 10 movers and shakers in the Israeli startup scene in New York, in no particular order.
Five Electric Buses to Begin Running in Tel Aviv
Five new entirely electric buses are to take to the streets of Tel Aviv next week, operating on the Dan company’s No. 4 route. Running on new technology that involves supercapacitors rather than batteries, the new Chariot E-Bus vehicles have the ability to recharge rapidly between trips, saving a significant amount of time and improving quality for passengers, according to the Pan-Dan import company – a partnership between Dan and Pandom Ltd. of the Weiss Group.
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