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The grant was recently awarded through the EU's Cancer Mission, a funding program to reduce cancer cases throughout the EU by 2030.
Joel Bar-El, Tel Aviv University alumnus, talks about the company’s expansion in the global market, how TAU helped shape his personality and the fruitful collaboration that continues to this day.
SoftBank, BlackRock lead $US640m funding for start-up Trax Yoolim Lee and Manuel Baigorri Apr 8, 2021 – 4.55pm Share Trax, a Singapore-based start-up serving the retail industry, has raised $US640 million ($838 million) from investors led by SoftBank Vision Fund II and BlackRock Inc to bankroll its global expansion. New investors in the Series E financing included Ontario Municipal Employees Retirement System, one of Canada’s largest pension funds known as Omers, as well as Sony Innovation Fund by IGV, the start-up said in a statement. The round valued Trax at more than $US3 billion, acco...
Shoshanna Solomon is The Times of Israel's Startups and Business reporter Trax uses computer vision technology to scan shelves in stores and identify what is needed (Courtesy) Trax, a startup that develops computer vision technology for retailers, said Wednesday it has secured $640 million in funding from investors including SoftBank Vision Fund 2 and technology-focused funds managed by existing investor BlackRock, Inc. Existing investors OMERS, one of Canada’s largest pension plans, and Sony Innovation Fund by IGV also participated in the Series E financing round, the company said in a sta...
Singapore-based retail analytics company Trax raises $640M Series E led by SoftBank Vision Fund 2 and BlackRock Trax’s co-founders, Joel Bar-El (left) and Dror Feldheim (right), and Trax’s CEO, Justin Behar (center) COVID-19 forced many retailers and brands to adopt new technologies. Retail analytics unicorn Trax expects that this openness to tech innovation will continue even after the pandemic. The Singapore-based company announced today that it has raised $640 million in Series E funding to expand its products, which combine computer vision and cloud-based software to help brick-and-mo...