November 3, 2016

Voyager Labs, a software company established in 2012, recently announced its artificial intelligence engine that combines expert systems with deep-learning algorithms. Voyager Labs also came out of stealth mode with customers, use cases, and over $100 million in funding.

“Powered by our sophisticated cognitive computing deep-insights platform, publicly available data becomes a treasure trove of information which can provide unprecedented value to businesses,” said CEO Avi Korenblum. “Despite the elusive nature and overwhelming proliferation of unstructured data, we can extract precise, meaningful insights from this data to benefit our customers.”

Korenblum says his company’s sophisticated deep-insights platform has rapidly become a must-have resource for customers in the public, retail, consulting and financial sectors who have benefited from its new level of insights – used effectively today for risk assessment, crisis management, intelligence, and fraud protection.

The company has R&D roots in Tel Aviv, and offices in New York, Washington and London.

EatWith announced today (November 3) an undisclosed funding round from TripAdvisor and Greylock Partners. TripAdvisor will also add the social dining experience to its restaurant listings.

EatWith was founded in Tel Aviv in 2012. It has previously raised $8 million in a Series A round from Greylock.

“The investment funding we’ve received from TripAdvisor and Greylock Partners will be instrumental in driving even more interest in our popular communal dining experiences,” said Susan Kim, CEO of EatWith, in a statement. “Our goal is to continue to democratize the industry by matching adventurous travelers with culinary entrepreneurs who want to share their passion for food.”

Gauzy, an Israeli startup and global leader in Material Science and nanotechnology, recently completed a third round of funding to the tune of $7m from funds in the US and Asia.

Gauzy — an innovative developer and manufacturer of LCG (Liquid Crystal Glass) — says it will use the investment to double its workforce. The investment will also be used to expand the R&D and sales and marketing activities worldwide. Customers already include Mercedes-Benz, at&t, Porsche, The Ritz Carlton, Crowne Plaza, Westfield, Fendi.

“We believe that a production-oriented industry is part of Israel’s future growth engine and attach great importance to it. We’re pleased and honored that a company which we identified at such an early stage is developing and raising investments,” said Avi Hasson, Chief Scientist, Director General of Innovation & Industrial R&D Administration.

Auto industry tech disrupter Engie has announced a $3.5 million investment round.

Engie’s solution allows drivers to connect to the car’s computer, understand the car’s health, know how much the repair will cost and choose the best mechanic nearby. The connection is done through the Engie device- a small BT device that connects to almost every car on the road.

Engie was launched in Israel last year with almost 100,000 users that joined the system, and 200 mechanics. Engie’s technology enables advanced diagnostics capabilities which are presented to the driver with a simple explanation.

The US and UK version of the product were recently added to Google Play.

“We saw an amazing market response in Israel because Engie solves a big consumer pain and offers a much better experience when it comes to car maintenance,” said Yarden Gross, co-founder & CEO. “This investment will help expand into other markets where drivers lose millions of dollars due to unnecessary repairs. Engie’s goal is to create a better experience to drivers around the world, offer them control over the car’s health and of course save money.”

Self-driving car startup Otonomo, based in Herzliya, has closed a $12 million series A round, led by Bessemer Venture Partners and Stageone Ventures, with participation from Maniv Mobility and LocalGlobe.

Otonomo’s cloud based platform assists in services for autonomous and connected cars.

“Our integrated cloud-based platform is a trusted gateway between the services and apps drivers want and the security the automotive industry needs,” said CEO Ben Volkow.

Infinity Augmented Reality (Infinity AR), which is developing augmented reality systems for medicine, training, and games, has announced new funding — reportedly ranging from $15 million to $18 million — from Chinese retail and Internet giant Alibaba and Sun Corporation of Japan.

The formerly public traded company has returned to the private arena. Reports indicate that Alibaba’s investment came in exchange for a 22-25 percent stake of the company.

Synereo, a Tel-Aviv based company developing a blockchain-based, decentralized social network and a platform allowing web applications to exist without centralized servers, has announced $4.7 million in new funds.

“Revamping the Internet, Blockchains and pushing forward with decentralized computing is not an enterprise one can take on lightly, and we’re determined to give whatever it takes to deliver upon our shared vision of a truly free Web and a decentralized economy powered by it,” reads a Synereo blog post.

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Jason Harris

Jason Harris

Executive Director