Saturday, July 16, 2022
HomeStartupIsrael-Saudi breakthrough hopes + AI growth knowledge engine % OurCrowd Weblog

Israel-Saudi breakthrough hopes + AI growth knowledge engine % OurCrowd Weblog

  • High funding alternatives
  • Startup of the Week: Dataloop, AI growth knowledge engine
  • Will Biden journey convey Israel-Saudi breakthrough?
  • American Robotics’ mum or dad indicators time period sheet to amass Airobotics
  • TechCrunch: Maolac CEO, from supermom to superfood
  • July thirteenth On-line: Labs/02 Startup Demo Day
  • Tech in airplane sight: Fixing the airline business’s jet lag
  • CropX illness administration helps farmers reduce chemical use
  • Toyota Tsusho faucets Quantum Machines for Japanese market
  • FDA approves Insightec remedy for prostate most cancers research
  • BlueGreen Water Applied sciences cleans up SC lake, set for statewide operations
  • Introductions
  • Greater than 3,400 high-tech jobs

Startup of the Week:
Dataloop: AI growth knowledge engine

Synthetic intelligence (AI) is revolutionizing nearly each area, however getting ready the groundwork for these extremely complicated purposes takes time. Most of them have to label and annotate giant swaths of unstructured knowledge to coach this system, which is a tedious, guide course of. Israeli startup Dataloop has created a SaaS platform that automates the AI knowledge administration and labeling course of, saving AI builders 1000’s of hours of guide labor. It makes use of AI and machine studying know-how to investigate large quantities of information, after which presents it visually, enabling firm administration to make knowledgeable, statistics-based selections. Dataloop’s ARR grew 170% YOY on the finish of Q1 2022 and the corporate expects it to greater than double once more by the top of 2022. This yr, Dataloop added Shopify to its record of prime shoppers, which additionally consists of Vimeo, OLA, LinkedIn, Taranis, Syte AI, and Tata Consultancy Companies. OurCrowd has secured a $1M allocation on this $24M Sequence B spherical, co-led by Alpha Wave International and the enterprise arm of a significant telecommunications firm. 

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Will Biden journey convey Israel-Saudi breakthrough?

President Joe Biden’s arrival within the Center East this month with stops in Israel and Saudi Arabia has fanned expectations of one other historic step towards flattening the Sand Curtain that has divided Israel and the Arab Gulf states. Enhancing Israel’s relations with the Arab Center East is a uncommon and valuable level of bipartisan settlement in US politics. It can additionally assist to unleash the advantages of Israel’s know-how to assist its neighbors as they grapple with an unprecedented disaster in meals, water and vitality that threatens the steadiness of many international locations within the area. OurCrowd is proud to have been one of many leaders of Israel’s enterprise group in establishing ties with our new companions within the UAE, and I’m assured we will probably be within the vanguard of Israel’s future financial relationship with Saudi Arabia. Learn extra in my new ‘Buyers on the Frontlines’ column.

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American Robotics’ mum or dad indicators time period sheet to amass Airobotics

Ondas Holdings (NASDAQ: ONDS), proprietor of US drone firm American Robotics, signed a time period sheet to amass our portfolio firm Airobotics (TASE: AIRO) later this yr, TechCrunch reviews. Each drone corporations have developed several types of autonomous methods that permit items to function with out direct human oversight. Ondas, which acquired American Robotics in August 2021, says the proposed acquisition, if accomplished, would give the mixed corporations a greater world foothold in a quickly increasing class. Airobotics has raised $130M because it was based in 2014.

TechCrunch: Maolac CEO, from supermom to superfood

When Maya Ashkenazi Otmazgin was nursing her first youngster she got here up with the thought of bringing the well being advantages of breast milk to on a regular basis meals and dietary supplements for adults, Christine Corridor reviews in TechCrunch. In 2018, she co-founded and have become the CEO of Maolac to meet her imaginative and prescient. Ashkenazi Otmazgin, a biomedical engineer, and her companions recognized over 1,500 recognized bioactive proteins in human breast milk after which in contrast them to bovine colostrum, the primary milk produced by cows after giving start. They discovered over 95% biosimilarity. Maolac takes the nutrient-packed colostrum, normally discarded by dairies, to create a complement now being utilized in merchandise starting from vitality drinks to cosmetics. Be part of this $4M spherical now funding on the OurCrowd platform.    

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July thirteenth on-line: Labs/02 Startup Demo Day

Buyers at all times need to know what new improvements our corporations have within the works. On July thirteenth, we are going to pull again the curtain on seven early-stage startups backed by Labs/02, OurCrowd’s early-stage fund and incubator. Tune in for game-changing applied sciences in AgTech, cybersecurity, Metaverse immersion, enterprise software program and even cattle herding by drone cowboys. Be part of us because the CEOs of BeeFreeAgro, C2A, CorrActions, Dots, HyperVision, Kaholo and QuantLR showcase their firm’s tech and enterprise, its affect on the sector, and the worth proposition for buyers. 

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Tech in airplane sight: Fixing the airline business’s jet lag

July Fourth weekend was a irritating vacation for tens of millions of People who took to the skies to journey. Greater than 1,400 flights had been canceled and 14,000 others delayed, in response to flight monitoring web site FlightAware. The airline business should search for methods to make flying extra environment friendly by utilizing new know-how, as explored in our on-line discussion board ‘Investing in Options to the Airline Business’s Jet Lag’, Noa Shapira reviews within the Occasions of Israel. IntellAct CEO Udi Segall demonstrated how airways may reduce delays and save billions of {dollars} annually by chopping turnaround occasions by monitoring video feeds at airports by its AI-powered platform. IntellAct has simply signed a cope with Indra, a worldwide chief in airport administration operations. It’s presently funding on the OurCrowd web site.

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High Tech Information

CropX illness administration helps farmers reduce chemical use

AgTech pioneer CropX helps farmers scale back the quantity of chemical compounds they use on crops to forestall illness. The corporate has built-in a illness administration characteristic into its platform that may monitor key fungal illnesses on over 320 crop and fungal illness mixtures, and presents recommendation on when to spray. This new functionality integrates 20 years of agronomic analysis and experience of Netherlands-based Dacom Farm Intelligence, which CropX acquired final yr. In use now by 1000’s of consumers in Europe, illness administration will quickly be accessible to all of CropX’s clients in over 50 international locations worldwide. 

Toyota Tsusho faucets Quantum Machines for Japanese market

Toyota Tsusho Corp., a member of the Toyota Group, desires our portfolio firm Quantum Machines to assist them create new merchandise utilizing quantum computing. Toyota Tsusho has been growing companies using quantum computer systems since 2017. The new partnership will see Quantum Machines develop a sophisticated infrastructure that may assist Toyota Tsusho convey new merchandise to market. “Partnering with Quantum Machines is a pure match for our mission and can present our clients with entry to essential quantum computing applied sciences which have the potential to reshape complete industries shifting ahead,” says Kazunori Mori, a basic supervisor at Toyota Tsusho.

FDA approves Insightec remedy for prostate most cancers research

The FDA authorized the prostate most cancers remedy system created by our portfolio firm Insightec for investigational gadget exemption, permitting the corporate to conduct research on the way it stops the unfold of the illness. The ultrasound-based system makes use of centered sound waves guided by MRI to destroy focused tissue within the prostate. “Exablate Targeted Ultrasound has been proven to supply an correct, secure, and efficient possibility to interact the prostate gland immediately in choose sufferers based mostly on 2-years biopsy outcomes. The brand new trial will construct on this success and assist additional improve remedy choices,” says Behfar Ehdaie, MD, a urologic surgeon at Memorial Sloan Kettering Most cancers Middle and principal investigator for the research.

BlueGreen Water Applied sciences cleans up SC lake, set for statewide operations

CleanTech pioneer BlueGreen Water Applied sciences is making it secure for individuals in upstate South Carolina to take a dip in a well-liked swimming lake, WYFF4 reviews. BlueGreen’s particular remedies cleaned up Lake Whelchel, one of many many our bodies of water throughout the US affected by cyanobacteria, dangerous algae blooms that may be harmful to people and fish. The corporate has begun steps to deal with different affected lakes throughout South Carolina.


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 in search of connections that you simply could possibly assist with.


Greater than 3,400 Excessive-Tech Jobs

Learn the OurCrowd Excessive-Tech Jobs Index Q1 2022 HERE

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