TechNation: Number of Israeli-Arab mechanism scholarship students climbs 50% in 5 years
U.K. application Centrica invests in Israeli electric automobile startup Driivz
British application Centrica pronounced on Monday it had invested in a Israeli start-up Driivz, that develops electric vehicle-charging software. Centrica pronounced a investment would assistance it to try new products for EV drivers as a association moves divided from vast centralized appetite era — offered a final vast appetite stations final year — and augmenting a services offerings. “With 14 million EVs approaching on U.K. roads by 2030, there can be no doubt that e-mobility will have a poignant impact on how we conduct a ethereal change of supply and direct to a grid,” pronounced Jonathan Tudor, executive of record and creation plan for Centrica Innovations, a utility’s investment arm. Centrica pronounced a investment was partial of a wider 9 million bruise ($12 million) appropriation turn by Driivz. Formed in 2012, Driivz has grown a cloud-based EV charging handling complement that helps appetite network operators, automobile manufacturers and utilities conduct charging and comment billing.
Number of Israeli-Arab mechanism scholarship students climbs 50% in 5 years
The series of Israeli Arabs study mechanism scholarship has increasing by 50% in a final 5 years, a Council for Higher Education reported this week. The series reached 1,597 in a 2016-17 propagandize years, adult from 930 5 years earlier, it said, a gait of expansion distant faster than a ubiquitous 30% boost in mechanism scholarship studies. Overall, a race of Israeli Arabs during a country’s universities and colleges seeking bachelors or masters degrees grew 80% in 7 years to 46,855 in 2017, or tighten to 18% of a total, a legislature said. The boost comes as a legislature has sought to boost Israeli Arab enrolment by programs like a high propagandize turn Rowad that helps teenagers ready themselves for aloft preparation as good as on-campus programs once they start their studies. Israel’s high-tech attention is counting on flourishing numbers of Arabs with tech-related degrees to assistance solve a ongoing labor shortage.
OurCrowd tip tech investor by series of deals, Pitchbook says
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OurCrowd, a crowdfunding tech investment platform, has chalked adult a many investments in Israeli startups by series given a commencement of 2016, according to total gathered by Pitchbook Data, a U.S. investigate residence focused on private collateral markets. Jerusalem-based OurCrowd done 32 investments given a start of 2016, scarcely double a gait of a subsequent 3 tech investors in a rankings – Magma Venture Partners, Pitango Venture Partners and Vertex Ventures Israel, any of that counted 17 investments. The OurCrowd village consists of roughly 25,000 accredited investors from over 150 countries that have invested in 160 portfolio companies. Among other tip investors, according to Pitchbook, were Jerusalem Venture Partners and a U.S. formed aggregator of angel investors called Keiretsu Forum, both of that done 16 investments. This year has been a ensign year for tech investing in Israel, with about $1.4 billion invested in tighten to 200 deals, Pitchbook estimates.
First Israel-India RD grants are awarded to 4 pairs of companies
Four pairs of Israeli and Indian companies are a initial recipients of investigate and growth grants awarded by a shared Industrial RD and Technological Innovation Fund determined final year during Indian Prime Minister Narendra Modi’s revisit to Israel. The $40 million account awarded India’s Energy Efficiency Services Limited and Israel’s Bacsoft a extend to boost H2O and appetite potency in Indian villages by building government systems and internet-of-things monitoring devices. In addition, India’s Frog Cellsat Limited one a extend to work with Israel’s Ubiqam to rise mobile solutions for a Indian mobile marketplace to lessen a division in mobile networks and urge network quality. Vyoda Private of India and Israel’s Agrosolar Irrigation Systems will rise solar energy-based H2O siphon systems for irrigation while India’s Appasamy Ocular Devices and Israel’s Sanoculis will jointly rise affordable surgical inclination to assistance ophthalmologists provide glaucoma in India during reduce costs.