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The Future of Work Now from Israeli Startup Centrical

#artificialintelligence

The future of work is about reinventing how companies motivate their employees. Centrical, a startup focused on delivering the future of work now, announced on March 10th that it closed a $32 million funding round led by Intel Capital, a new investor, and JVP, the company's largest shareholder. The round also included participation from C4 Ventures and Citi Ventures, also new investors, as well as existing investors Aleph, CE Ventures, La Maison Compagnie d'Investissment and 2B Angels.


The Israeli Startup That Wants to Make Shopping Carts Smarter

#artificialintelligence

The first … The Artificial Intelligence Cart, or AIC, is Tracxpoint's new flagship product.


Israeli start-up that can detect Trump's emotions gets 3m. funding boost

#artificialintelligence

Israeli voice emotion analytics start-up Beyond Verbal has raised 3 million as part of a Series A round, led by China's KuangChi Science Limited, a member of the Kuang-Chi group. Tel Aviv-based Beyond Verbal's technology enables the understanding of emotions, well-being, and health conditions through the human voice.


5 Bold Predictions For Israeli Tech In 2017

Forbes - Tech

This by itself is of course nothing new, as Israel keeps attracting the attention of top global funds looking for great deal flow outside of Silicon Valley, NYC and Boston; large corporates interested in tapping into innovation coming out of Israel; and large scale startups acquiring smaller Israeli startups as a strategy to get a foot in the Startup Nation door. Given all that, it is no surprise that funding for Israeli startups has reached a record high in 2016 with Israeli tech companies raising $4.6 billion this year, up from $4.4 billion in 2015. The growth in funding is supported in part by massive influence of Chinese investors who "want a piece" of Startup Nation too and invest directly in companies as well as in Israeli VC funds. On the flip side, 2016 was the year we saw a major decline in exits of Israeli companies which took a plunge of 67% compared to the previous year, with no huge, billion dollar Waze-type exits. While global market dynamics definitely played a role here, this is also a sign of maturity of the Israeli tech ecosystem where startups are less excited to sell early and strive to grow bigger companies.


Israeli Tech's Identity Crisis: Startup Nation or Scale Up Nation?

Forbes - Tech

But Israelis are proud of their brand as Startup Nation. So why should they care about what the CEO of a global micropressing company says? Well for one, Synopsys is a $13B company in a very tough hardware design field, with competitors like ARM [bought by Softbank for $31B]. And chip design is at the heart of everything now, from hardware that runs Google Assistant on your phone, to the servers that bring your Uber. So while Israelis don't like people reminding them of their several identity crises (a nation where the definition of who is a Jew, as well as the very nature of the Jewish state, is still very fiercely debated), when the CEOs of some of the world's most important companies drop wisdom we should listen.