- Startup of the Week: VisIC, fueling the electrical automobile revolution
- CropX named World Financial Discussion board Tech Pioneer
- Meet Zoom’s seed investor Jim Scheinman
- Quantum of solace for girls’s ailments
- Israeli tech is in hypergrowth beneath any authorities
- Webinar for brand spanking new OurCrowd traders
- BlueNalu: Entrepreneur’s perspective on alt-seafood
- MigVax oral vaccine may very well be Covid-19 booster
- Edgybees joins house startups in Amazon accelerator
- Morphisec: 20% of producers had cyberattack in previous 12 months
- Notion Level powers new safety from Acronis
- WayUp companions with AMS to spice up numerous recruitment
- Company introductions: Accomplice with startups
- Greater than 1,200 high-tech jobs
Startup of the Week:
VisIC: Fueling the electrical automobile revolution
The electrical automobile revolution wants a revolutionary semiconductor energy transistor for automobiles to go additional, at decrease price with greater effectivity. This new breed of energy transistors is predicated on gallium nitride (GaN), which supplies 4.5X elevated efficiency and effectivity over current silicon carbide know-how, rising battery vary, decreasing measurement and value. VisIC Applied sciences leads the world in efficiency and value for gallium nitride for automotive. The corporate has contracts with Daimler (Mercedes), with one of many greatest American OEMs, and with ZF, the third-largest international Tier-1 provider with 7.5% of automotive electrical motors worldwide. It additionally has superior tasks with different high automobile producers and suppliers. Israel’s automotive chip sector is attracting robust investor curiosity, with Arbe, Vayyar, Valens, Innoviz and Hailo all at or approaching $1B valuations. Three of these corporations are already within the OurCrowd portfolio and we’re happy to supply traders the possibility to take part as we be part of this $35M Spherical E led by GSR Capital, enabling VisIC to scale its enterprise to handle an enormous international market. Gross sales of automobiles utilizing batteries jumped 43% in 2020 to three.25M items and are forecast to develop to over 30M items by 2025. The corporate’s robust crew is headed by CEO Dr. Tamara Baksht who has a PhD in Electrical Engineering from Tel Aviv College and has been working with GaN units for over 20 years. The board of administrators consists of a number of senior semiconductor trade executives together with Dan Charash who led Provigent to a $360M exit.
CropX named World Financial Discussion board Tech Pioneer
OurCrowd portfolio firm CropX is certainly one of 5 Israeli corporations listed on this 12 months’s 100-strong cohort of World Financial Discussion board 2021 Know-how Pioneers, younger and rising tech corporations taking up high international issues with progressive applied sciences and enterprise fashions, The Occasions of Israel reviews. “We’re excited to welcome CropX to our 2021 cohort of Know-how Pioneers,” stated Susan Nesbitt, head of the International Innovators Group on the World Financial Discussion board. “CropX and its fellow pioneers are growing applied sciences that may assist society remedy a few of its most urgent points. We stay up for their contribution to the World Financial Discussion board in its dedication to enhancing the state of the world.”
How To Develop a Hectocorn: Zoom Backer Jim Scheinman on His New Funding
Jim Scheinman gave Zoom its identify and was its solely seed investor. Zoom is now value $100 billion and Scheinman has seen 5 of his investments exit as unicorns. He’s the Founding Managing Accomplice at Maven Ventures, a number one seed enterprise fund for rising shopper software program startups. Be a part of Scheinman and Jon Medved, CEO of OurCrowd, as they talk about their new co-investment in Zippin, whose checkout-free know-how platform allows retailers to shortly deploy frictionless procuring of their shops, kiosks and fast-casual eating places. They are going to be joined by Krishna Motukuri, Co-Founding father of Zippin. A uncommon alternative to listen to from three leaders of the digital retail revolution.
Quantum of solace for girls’s ailments
Extreme abdomen ache. Nausea. Fatigue. Infertility. These are simply a number of the signs suffered by hundreds of thousands of girls with endometriosis — an incurable situation brought on when tissue that strains the womb grows elsewhere within the stomach. Shahar Keinan, the Israeli CEO of OurCrowd portfolio firm Polaris Quantum Biotech, is teaming up with a fellow feminine CEO at Auransa in California to make use of super-fast quantum computer systems to discover a remedy for endometriosis, which medical doctors estimate impacts about 10% of girls globally, The Occasions of Israel reviews. “This may assist deliver medicine to the market shortly, particularly in areas which have lengthy been uncared for,” says Keinan of her firm’s new partnership with Auransa, which makes use of synthetic intelligence to seek for new remedies. “That is actually fixing an unmet want.”
Israeli tech is in hypergrowth beneath any authorities
Israel’s new Prime Minister Naftali Bennett is a profitable tech entrepreneur. I’ve recognized him for greater than 20 years. I used to be the seed investor in his first firm Cyota, as I informed CNBC the morning after he took workplace. Like Benjamin Netanyahu, he lived within the US, speaks good English and served in the identical elite army commando unit. I anticipate we are going to see continuity when it comes to know-how – particularly as Israel’s tech financial system is booming. This 12 months we’re on observe for $20 billion of funding coming into Israeli startups, up from $10 billion final 12 months – an entire ecosystem rising at over 100% progress. That’s hypergrowth for an organization. It’s by no means been seen earlier than when it comes to a rustic’s total tech sector.
Welcome to the Membership: Perception and Alternatives for New OurCrowd Traders
New accredited traders on our platform are invited to hitch OurCrowd CEO Jon Medved and different senior OurCrowd executives for an unique quarterly webinar for brand spanking new energetic traders. Get an summary of tips on how to get probably the most out of OurCrowd, investing tutorials, and insider insights into the most recent funding alternatives. The occasion might be broadcast twice – on June 28 and June 29 – to cater to our international investor community. You’ll be able to select your most popular time throughout the registration course of.
High Tech Information
BlueNalu: Entrepreneur’s perspective on alt-seafood
The excitement round cell-cultured seafood is steadily rising. It is just a matter of time earlier than these corporations attain commercialization and disrupt the standard seafood trade, Lou Cooperhouse, CEO and co-founder of cell-based seafood startup and OurCrowd portfolio firm BlueNalu, tells The Fish Web site.
MigVax oral vaccine may very well be Covid-19 booster
An experimental oral booster vaccine in opposition to Covid-19 developed by OurCrowd portfolio firm MigVax yielded promising early ends in research in rats, Reuters reviews. MigVax-101 targets a number of websites on the coronavirus. Together with the spike protein on the floor of the virus, which is the goal of at the moment out there vaccines, the oral vaccine additionally targets two websites on the virus shell, which encapsulates its genetic materials. In laboratory experiments, rats that had obtained two doses of vaccines that focused the spike protein got the oral booster. “These rats developed a a lot greater stage of antibodies for neutralizing the illness than did management group rats that obtained a placebo or a 3rd injection of the (unique) vaccine,” stated David Zigdon of MIGAL Galilee Analysis Institute Ltd, who co-authored a report posted on bioRxiv forward of peer assessment. An oral vaccine may very well be significantly helpful in growing nations as a result of it will keep away from the necessity for distribution of needles and may very well be self-administered.
Edgybees joins house startups in Amazon accelerator
OurCrowd portfolio firm Edgybees, which makes use of augmented actuality software program to reinforce aerial video and imagery, was certainly one of 10 house startups chosen by Amazon Internet Providers for a four-week accelerator program the place corporations learn the way they’ll develop their enterprise utilizing cloud computing and analytics applied sciences, Area Information reviews. “We chosen them out of greater than 190 proposals from 44 nations,” says Werner Hans Peter Vogels, Amazon’s chief know-how officer.
Morphisec: 20% of producers had cyberattack in previous 12 months
One in 5 manufacturing corporations within the US and UK had been victims of a cyberattack within the final 12 months, in line with the 2021 Manufacturing Cybersecurity Risk Index launched by OurCrowd portfolio firm Morphisec. Of the businesses attacked, practically 1 / 4 (24%) report that cyberattacks in opposition to their organizations happen weekly, proof of the rising menace for an trade that has recorded one of many highest variety of assaults of any sector because the onset of COVID-19. With latest assaults concentrating on mental property and important infrastructure debilitating whole manufacturing organizations, Morphisec mixed inner knowledge on the manufacturing assault panorama with an exterior survey of 567 manufacturing staff throughout the US and UK.
Notion Level powers new safety from Acronis
Cybersecurity know-how developed by OurCrowd portfolio firm Notion Level is powering a brand new superior safety pack from Acronis, suppliers of backup software program, HelpNet Safety reviews. The brand new Superior E mail Safety pack for Acronis Cyber Shield Cloud allows service suppliers to reinforce and prolong their cybersecurity capabilities by detecting and stopping all email-borne cyberthreats earlier than they’ll attain their shoppers’ finish customers. It intercepts all email-based threats, together with spam, phishing and spoofing, enterprise e mail compromises, superior persistent threats, and even the zero-day malware assaults which are behind 80% of breaches. “E mail is each business-critical and the highest menace vector for organizations right this moment. For service suppliers, stopping e mail threats from reaching their shoppers is significant,” says Jan-Jaap “JJ” Jager, Board Advisor and Chief Income Officer at Acronis. “The brand new Superior E mail Safety pack marries the best-in-class know-how from Notion Level with the unified cybersecurity, knowledge safety, and endpoint safety of Acronis Cyber Shield Cloud. Because of this, MSPs have every part wanted to maintain shoppers safe and their enterprise environment friendly and worthwhile.”
WayUp companions with AMS to spice up numerous recruitment
Expertise outsourcing supplier AMS fashioned an unique partnership with OurCrowd portfolio firm WayUp, an HR tech platform that permits employers to recruit certified and numerous early-career candidates, Enterprise Providers Information reviews. AMS shoppers can have distinctive entry to the WayUp platform, which incorporates greater than six million candidates from over 7,100 schools and universities nationwide, with over 71% self-identifying as underrepresented minorities. Candidates from the WayUp platform have been matched with roles in organizations corresponding to Citi Group, Unilever and Johnson & Johnson. “We’re thrilled to introduce WayUp’s progressive enterprise mannequin and know-how resolution to AMS shoppers as the most recent improvement in our sourcing know-how technique. The corporate’s superior knowledge analytics and streamlined dashboards allow organizations to determine emerging-talent candidates that present numerous views, abilities, experiences and roles to assist our shoppers speed up innovation and success,” says Jo-Ann Feely, International Managing Director, Innovation, AMS. “WayUp’s platform provides AMS one other alternative to assist corporations reply to our dynamic market by designing workforces constructed for change and discovering numerous folks with the fitting abilities.”
Your portfolio will get stronger when the OurCrowd community will get concerned. Go to our Introductions web page to see which of our corporations are on the lookout for connections that you simply could possibly assist with.
Greater than 1,200 Excessive-Tech Jobs
Learn the OurCrowd Excessive-Tech Jobs Index Q1 2021 right here.
Regardless of the coronavirus pandemic, there are a whole bunch of open positions at our international portfolio corporations. See some alternatives beneath:
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