[OurCrowd in Nasdaq] Israeli VC OurCrowd expects access to Islamic countries through UAE

Israeli venture investing platform OurCrowd expects to be able to access Middle East and other Islamic countries through its presence in the United Arab Emirates, its chief executive said.

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[C2A Security in Geektime] Israeli startup C2A launches cyber solution securing vehicles’ birth-to-earth lifecycle

The Israeli automotive cyber-security company’s platform AutoSec aims to provide OEMs and Tier 1s a comprehensive solution to one of the main holdbacks of the autonomous future.

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OURCROWD SUPPORTS UKRAINIAN ISRAELI INNOVATION SUMMIT 2020

Jon Medved writes:

The third Ukrainian Israeli Innovation Summit at the end of October will take place in a new format this year combining online and offline communication due to the international pandemic, and will focus on the challenges and opportunities created by the COVID-19 crisis.

A major tech event, the UISS was first launched in Kyiv in 2018 in order to establish cooperation between Israel and the Ukraine in the area of innovation.

The conference, supported by both the Israeli and Ukrainian governments, will cover such topics as Ukrainian-Israeli cooperation during the pandemic, the transformation of the venture investing landscape, the creation of international access that can help to overcome the crisis, and the new normal of startup reality.

OurCrowd is excited to participate in this year’s important summit, coming on the heels of our own Pandemic Innovation Conference this past June which featured Israeli startups and breakthrough technologies addressing everything from prevention and cure, to social distancing and food supply in the era of COVID-19. The first global event dedicated to pandemic investment, almost 7,500 people from 108 countries attended our virtual conference.

The UIIS is a welcome initiative in the Ukrainian-Israeli business cooperation landscape, with nearly 40 Ukrainian businesses joining with Israeli partners in new business endeavors in recent years. In just the last three years, some 30 Israeli companies opened R&D centers in Ukraine

.

Congratulations are in order to the Global Israeli Initiative and JSCapital team and the other co-organizers for raising the Israeli-Ukrainian tech relationship to a new level.

After the last UIIS in November 2019, we invited Ukrainians to organize the Ukraine Tech Days pavilion at the OurCrowd Global Investor Summit 2020 in Jerusalem. Five IT-service companies—competitors, in fact—partnered under the initiative of Sigma Software in order to present Ukraine’s booming tech industry to Israeli businesses. Their booth drew a lot of attention from attendees and made hundreds of new business connections for its co-organizers, a great result.

This year, together with our Ukrainian friends, we’re organizing an OurCrowd panel discussion at the UIIS 2020. The speakers will share how they managed to team up, spark interest, and set an example for thousands of the summit attendees.

OurCrowd also looks forward to using UIIS to highlight next-generation Israeli innovations to an international audience.

Personally, I am honored to be a keynote speaker at the conference for the second time, and will be joining my fellow speakers online from my office in Jerusalem.

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Israeli startup Dataloop raises €14M to expands its data management & AI production platform in US & Europe

Dataloop

As companies across various fields, from entertainment to agriculture, retail to robotics, rush to implement AI to their business practices, they repeatedly face obstacles including efficient data labeling at scale.

As per the report, the AI market is projected to become a $ 190B (approx €162B) industry by 2025, but around 96% of companies face problems with data labeling when it comes to AI implementation and production. Sorting out huge unstructured data through labeling and management is the first step towards the development of AI models. 

Raised €14M

Based out of Tel-Aviv, Dataloop’s proprietary SaaS platform brings human and machine intelligence together, not only for training and labeling data but also for powering enterprises successfully in production. 

The Israeli SaaS platform has raised $ 16M (approx €14M) in funding after the completion of the $ 11M (approx €9.3M) Series A round. The funding round was led by Amiti Ventures with participation from F2 Venture Capital, OurCrowd, NextLeap Ventures, and SeedIL Ventures. 

The company intends to use the company to increase recruitment efforts and grow its presence in the US and European markets.

Eliminates data challenges

Founded in 2017, Dataloop eliminates the data challenges companies face allowing them to focus resources on their core business. The company’s platform consistently feeds ‘real time’ data back to human counterparts while simultaneously streamlining the workflow with automated annotation tools. 

“Many organisations continue to struggle with moving their AI and ML projects into production as a result of data labeling limitations and a lack of real-time validation that can only be achieved with human input into the system,” says Eran Shlomo, CEO of Dataloop.

By keeping humans in the loop, algorithms can create more accurate and reliable predictions in less time, at scale, and on budget, allowing organisations to deploy AI in production successfully and focus on their core business. 

The company has a growing list of customers including Standard, Foresight Automotive, Descartes Labs, and Transenterix.

Main image credits: Dataloop

Startups – Silicon Canals

[D-ID in Israel21c] Israeli face-recognition tech lets actors work off set

Startup specializing in privacy solutions uses its tech to change and enliven actors’ expressions without them ever needing to leave the house.

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ISRAEL : Israeli cyber’s asset Magna Consulting opens UN and World Bank doors – Intelligence Online

ISRAEL : Israeli cyber’s asset Magna Consulting opens UN and World Bank doors  Intelligence Online
“nigeria startups when:7d” – Google News

[Foretellix in Geektime] The catalyst of the autonomous future: Israeli Foretellix acquires US-based Metamoto

Foretellix speeds up its roadmap with the acquisition of the Cali-based Simulation-as-a-Service company, as the Israeli company has recognized a COVID-accelerated-hole in autonomous vehicle validation.

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[OurCrowd in The Financial Times] Israeli VC firm and Dubai merchant family form tech funding alliance

Tie-up between OurCrowd and Al Naboodah unit is first since normalisation of relations.

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[BioCatch in No Camels] Israeli Behavioral Biometrics Firm BioCatch Nabs $20M From 4 Major Banks

Israeli-founded cybersecurity firm BioCatch announced on Wednesday that four major global banks – Barclays, Citi, HSBC and National Australia Bank (NAB) – are investing $ 20 million in the company, extending its recent Series C fundraising round to$ 168 million. Investors Industry Ventures and existing shareholders American Express Ventures, CreditEase, Maverick Ventures and OurCrowd participated in that round.

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[OurCrowd CEO Jon Medved in World Israel News] Despite pandemic, Israeli tech raises $7.6 billion so far this year

Another investment area opened this year came from the recent peace treaties Israel signed with the United Arab Emirates and Bahrain. While the crowd funding investment firm OurCrowd established a $ 100 million pandemic technology fund earlier this year, it sees the peace process as boosting investment during the global crisis.

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