Companies in brief: 19 Israel-related technology headlines from the week of December 23, 2007
The week of December 23, 2007, saw American VC fund, Advanced Technology Ventures start to look for cleantech opportunities in Israel showing that investing in cleantech in Israel will continue to grow in 2008, despite predictions that overall funding to Israeli high-tech industries would remain stagnant in 2008. The week also saw Cepco’s Med-O-Card’s competitor, LifeOnKey end the year by raising $5 million, and sales and deals in Asia continue, among other news. For a full overview of the major headlines related to technology in Israel during the past week, check out these headlines and the rest of this week’s 19 Israel-related technology headlines below.
Cleantech
Advanced Technology Ventures looks for cleantech opportunities in Israel
Foreign companies to take part in new Negev solar power plant tender
Israeli nanotech provides green electricity [VIDEO]
The garden city north of Tel Aviv
IDE to build desalination plant in Australia -paper
Israel’s Ofer Shipping Invests $30M in Electric Car Venture
Investments
Israel’s Lifeonkey Closes $10M To Help You Access Medical Records Via Net/Cell
Code testing co TypeMock raises $1.5m
‘Emerging markets hold the key to Israeli VC success’
Stagnant market may mean trouble for local VCs in 2008
Israel-Asia deals
Israeli company Exalenz Bioscience signs distribution agreements in Korea and Hong Kong
Taiwan, Israel to collaborate on Information Technology, Biotech
Miscellaneous
Four Israeli finalists in the “Crunchies”
WorldMate Live’s Mobile and Web 2.0 Travel Technology Garners Honor from BIRD Foundation
Babylon signs international deal with Google
Israel Mobile Operator Picks Ericsson
Israeli billionaire Lev Leviev is emigrating
Corporate social responsibility attracting more attention
Israel in 2007 has 7.2 million residents
Companies in brief: Week of November 11th
During the week of November 11th, Israel’s technology sector saw AOL purchase its second Israeli company (Yedda) in as many weeks and a slew of interaction between Israeli companies and Asia. Watch the slideshow below for a full overview of the latest in technology news from Israel.
For a larger version, click here
Israel: The first gasoline-free economy?
Israel as the first gasoline-free economy sounds pretty far off to anyone who has walked down a major street in Tel Aviv or Jerusalem lately and was showered with soot from an old public transit bus passing by, but it is in the works. Former Israeli whizkid and SAP Chief of Products, Shai Agassi, who left the company in March with plans “to help convert his native Israel and its neighbor Jordan into gasoline-free economies with nationwide electronic transportation systems,” has raised $200 million for his stealth-mode company, Project Better Place to make electric cars and to use existing battery technologies, which are enough to get cars to go about 100 miles before recharging.
According to the news release, the company has received funding from Israel Corp., an Israel-based oil, trade and shipping conglomerate (which invested $100 million), and VantagePoint Venture Partners among others.
This announcement is impressive considering 9 months ago he was still working hard at SAP and talking about plans for SAP to go green. Hear his thoughts on the environment and SAP below in a video interview of him from the World Economic Forum at Davos this past January.
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