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Self-Driving Cars Hit the Road

in Economy & Innovation

A new stretch of highway near Herzliya, Israel is closed, not for construction, but for innovation. Five companies have taken over Road 531 to start testing their various self-driving car technologies. The 1.5-kilometer highway has three lanes in both directions and will be closed for two months while the companies are conducting trials. The Ministry…

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First Ultra-Orthodox VC Fund Opens

in Economy & Innovation

The Ultra-Orthodox community of Jews is expanding their own horizon and aiming to move away from focusing solely on the high holidays – by taking strides into high tech. 12angels is the first official investment fund for Israel’s Ultra-Orthodox, or Haredi, community. The fund aims to raise $5 million dollars and is dedicated to entering…

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Australians Always Have a Landing Pad in Israel

in Economy & Innovation

In an effort to grow their entrepreneurial ecosystem, the Australian Minister of Industry, Innovation and Science, Christopher Pyne, has initiated a new global program, where “Landing Pads” are placed at key technology hubs around the world. Israel is one of them. The aim of the Landing Pads are to provide an onsite space for Australian…

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The Smart Car Revolution is Rolling

in Economy & Innovation

We may not have flying cars yet but thanks to the advancement of Israeli transportation innovation, we might get there sooner than we thought. Before any car is going to take flight though, Israelis have been leading the way to create cars that run on electricity instead of gasoline, which are said to use ⅓…

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Companies Compete for Top Tech Graduates

in Economy & Innovation

It’s no surprise. Software developers and the technological talent are in high demand in Israel, the Start-Up Nation – and all eyes on are on the techie newbies. The IDC Herziliya recently held a job fair for its students and graduates, and hosted over one hundred hi tech companies looking to fill jobs like software…

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