Managing a country’s entire highway network is no easy feat. Like so many things, it requires fresh thinking to stay ahead of the curve. That’s why Netivei Israel, the country’s National Roads Authority, has launched a new Innovation and Strategy Division.
Jerusalem-based startup Viziblezone wants to turn your smartphone into a pedestrian-detection beacon. Is it a groundbreaking innovation, a potential privacy nightmare, or a little bit of both? Read IsraelAutoTech editor Noah Joseph’s article for The Drive to find out.
One of the most accomplished car designers in the business, Frank Stephenson has now teamed up with an Israeli defense contractor to reinvent the child car seat. IsraelAutoTech editor Noah Joseph reported on the development for Car and Driver – click here for the full story.
Did you think Intel’s acquisition of Mobileye in 2017 was big news? Well it was. But it didn’t spell the end of the chipmaker’s investments in Israel. Not by a longshot.
It’s been a good day for some of Israel’s leading smart-mobility tech firms as Otonomo and now Nexar – both founded in 2015 – have each announced impressive Series C funding rounds. But at $52 million, Nexar’s is even larger than Otonomo’s.
Even in the midst of the Coronavirus crisis, some of Israel’s smart-mobility startups are still raising funds. The latest is Otonomo, which has closed an impressive $46-million investment to further expand its connected-car platform.
Some smart-mobility startups in Israel have suffered from the economic effects of the Coronavirus, while others have continued to flourish. Gauzy is fortunate, in one sense or another, to count itself in the latter category.
Israel may not have had, thus far, as many of its citizens succumb to the Coronavirus as some other countries. But one of its many smart-mobility startups has fallen victim to the devastating effects the pandemic has had on the economy.
Israeli startups have made great strides under their founding leadership. But some have advanced to such a point that they need outside leadership to help them grow further – like Valens, which has tapped an industry heavyweight to sit in the big chair at the head of the table.
The Coronavirus pandemic has had a crippling effect on the global economy, forcing companies around the world to grind to a halt. But even amidst the crisis, the value of some companies still manages to shine through and attract investment. Considerable investment, in this case.