[DouxMatok in The Times of Israel] Canada’s Lantic joins forces with Israel’s DouxMatok for low-sugar sweeteners

Startup’s tech increases sweetness impact by targeting specific taste buds, allowing for lower use of sugar; accord is step toward commercialization

Read more here.

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Barcelona-based TravelPerk launches new API to ensure safe travel during COVID times

TravelPerk

The coronavirus pandemic has impacted literally every industry and altered various aspects of lives. With millions of vacation/businesses canceled, famous attractions closed, and airlines facing losses, the tourism industry took a severe beating. 

The return of both business and leisure travel has been complicated by the uncertainty surrounding where individuals can travel to and under what circumstances. 

Uncertainty and change in travel rules cause confusion

As the restrictions are easing around the globe, numerous individuals might be eager to get out of their nest. But, the guidance and travel restrictions governing travel between specific countries and regions are changing on a weekly basis, causing real confusion and anxiety among travelers.

If you’ve been looking forward to a trip, but equally apprehensive regarding the risks and restrictions involved. TravelPerk‘s new TravelSafe API might be of some help. 

TravelSafe for safe travels

Recently, TravelPerk, a business travel management platform, launched the company’s first standalone service, TravelSafe API. 

Based out of Barcelona, the company’s API allows any travel provider to supply its customers with real-time insights on COVID-19 travel restrictions, including point-to-point travel information, travel documents, local transmission levels, local guidelines, airline safety measures, and more.

The API is powered by the company’s own data and technology following the acquisition of risk management startup Albatross earlier this year.

Up to date information to keep users informed 

Further, the API allows travel providers to integrate the latest information on the rules and guidelines that apply to travel between locations within an existing booking journey or customer interface, to keep users informed. 

As per the company, information is gathered from official sources and local government websites and cross-referenced by customer care agents, who are often the first to see changes in restrictions. 

The service uses real-time analysis of the reproductive rate of the epidemic (R0) to assess risk levels in all countries and also includes information on local guidelines at a regional level, including whether masks are required and up to date social distancing guidelines, as well as the latest airline safety measures.

These above mentioned  data are then delivered through the TravelSafe API in a user-friendly way. Right now, the API platform is available as a monthly subscription service to all of its clients, with no need for inflexible multi-year contracts. 

Raised €113M to date

Founded by Avi Meir, Javier Suarez, and Ron Levin in 2015, TravelPerk raised $ 133.2M (approx €113M) from various investors like Kinnevik, Target Global, Felix Capital, Spark Capital, and more.

Main image credits: TravelPerk

Startups – Silicon Canals

[Zoomcar in The Economic Times] Zoomcar CEO feels Covid-19 has upended business models of start-ups

Zoomcar CEO Greg Moran says the pandemic’s twists and turns have taught him about work-life balance.

Read more here.

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[OurCrowd in Khaleej Times] UAE-Israel private sector investment to exceed $10b

Jon Medved, CEO of Israel’s investment platform OurCrowd, said in an interview that the normalisation of relations between the UAE and Israel following the signing of the peace agreement, known as Abraham Accord, would be “an unbelievable game-changer” in the two-way investment sphere.

Read more here.

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[Consumer Physics in Times of Israel] Hand-held science helps farmers grow wiser

The food a dairy cow eats is key to its health, milk content and reducing waste. But for farmers, figuring out exactly how much to feed cattle has long been a guessing game full of constant adjustments and waste. Even slightly humid weather could add moisture to grain silos, reducing the number of calories per pound of animal feed. Until now, farmers could only be sure of factors like feed moisture content if they sent samples for lab tests, or conducted tests on site with bulky, expensive equipment – something often not worth the time or effort, especially for smaller farmers.

Read more here.

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Highlights in Fintech in the Middle East and Africa: Events and Initiatives October 2020 – The Fintech Times

Highlights in Fintech in the Middle East and Africa: Events and Initiatives October 2020  The Fintech Times
“nigeria startups when:7d” – Google News

[CropX in The Times of Israel] Leading a startup ‘dictates a life of agony and pain,’ but it suits CropX’s CEO

As Israel finalizes an agreement to normalize relations with the United Arab Emirates, Netanya-based agriculture technology startup CropX Technologies is already fielding numerous calls and emails from the Gulf country, which only a few months ago was off limits to Israelis.

Read more here.

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