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Jon Medved's Recipe For Israel's Continued Tech Success - Vimarsana News

Jon Medved's Recipe For Israel's Continued Tech Success

Israel’s thriving high-tech ecosystem needs a recalibration if it is to continue as a global hotspot, Jon Medved said in an article published on LinkedIn today. At first glance, things look good given the record $10.5 billion in investment the sector attracted in 2020 and its expected near doubling to $20 billion this year. Those gaudy numbers blur trouble, he cautioned, as early-stage startups are being shunned in favor of those in later stages. “The number of new startups founded each year is sharply declining, the number of seed-level investment rounds is diminishing, and governmental ...

Stellantis, maker of Dodge and Maserati, scouting Israeli startups for tech edge - Vimarsana News

Stellantis, maker of Dodge and Maserati, scouting Israeli startups for tech edge

Shoshanna Solomon is The Times of Israel's Startups and Business reporter Maserati 3500 GT oldsmobile vintage car preparing for Saalbach Classic rally on June 21, 2018 in Saalbach-Hinterglemm, Austria (josefkubes; iStock by Getty Images) The Israel Innovation Authority, in charge of fostering the nation’s tech ecosystem, has signed an agreement with an Italian unit of multinational automaker Stellantis NV to cooperate in technological innovation that will help grow Israeli firms and boost the firm’s tech prowess. The accord was signed with FCA Italy S.p.A., a subsidiary of Stellantis. The...