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Online Fashion Retailer ASOS Partners With Israels First Retail Tech Hub

Earlier this year, it was named among Fast Company’s “world’s most innovative” firms, alongside 14 other Israeli startups , and Forbes listed it as one of five Tel Aviv tech startups to watch in 2018 .The Wall Street Journal said the 25 companies on its list this year were “screened to ensure the analysis included young, emerging companies rather than large, well-established businesses,” and were “included only if they were founded since the start of 2013 and had a valuation of $50 million to $500 million.”In 2017, the WSJ listed three Israeli companies – insurance tech firm Lemonade, cybersecurity startup Illusive Networks (also a Team8 company), and Argus Cyber Security (sold to auto giant Continental) – among the firms to watch that year. June 13, 2018 | Beyeonics Surgical Ltd, a subsidiary of Israel’s Elbit Systems, announced that it raised $11.5 million in a first investment round, including from an unspecified international corporation. The subsidiary develops “surgeon-centered visualization technologies.” Beyeonics’ first clinically tested system – Clarity™ Bionic Visualization Platform – “has a proven track record of providing surgeons with Augmented/Virtual Reality vision capabilities that replace surgical microscopes while allowing real-time integration of an unlimited amount of data, the company said. The platform is comprised of a headset that utilizes “unique Elbit Systems’ displays technology, 3D ultra-resolution remote sensing cameras, and a processing core that leverages Elbit Systems’ image processing know-how.” The company says that platform has been successfully tested in more than 20 ophthalmic surgeries both at the Tel Aviv Sourasky Medical Center and at Retinal Consultants of Arizona. Elbit Systems President and CEO Bezhalel (Butzi) Machlis, said: “We are proud to have spun-off a company that leverages some of our unique technologies to materially enhance surgeons’ capabilities in the operating room. This investment will enable Beyeonics to expand product development, to include additional surgical applications and to accelerate commercialization.” Elbit Systems is one of Israel’s defense companies. It has defense, homeland security and commercial operations throughout the world. June 12, 2018 | The Digital Israel Initiative at the Israeli Ministry for Social Equality, the Israeli Health Ministry, and the Israel Innovation Authority have http://krilloilupdate.com announced the allocation of the first NIS 30 million ($8.4 million) for the first pilot program as part of the NIS 1 billion (roughly $300 million) national digital health program approved by the Israeli cabinet in March .The new pilot program to be carried out in healthcare organizations across Israel and will support research and development proposals and pilot facilities in the field of digital health. Companies selected for the program, in the field of medicine and health, will receive between 20 percent to 50 percent of approved R&D expenditures, with funding of up to 60 percent to 75 percent for proposals that show potential to significantly advance the public healthcare system in Israel and around the world, or promise a breakthrough in their field.The national plan was first announced  by Prime Minister Benjamin Netanyahu at the World Economic Forum Annual Meeting in Davos, Switzerland in January.

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