Intel has equipped an additional eight NFL stadiums with camera and video replay technology developed by Israeli startup Replay Technologies, which Intel acquired last year. The “freeD” technology features HD cameras that allow fans to view replays from multiple angles and create 360-degree highlights of each play. The technology was previously installed in three NFL stadiums, and has been used in the NBA and Olympic Games.
Germany-based pharmaceutical and chemical company Merck has announced plans to invest €20 million (roughly $24 million U.S.) to found a technology incubator at the Merck research and development headquarters in Yavne, Israel. The incubator, PMatX, will focus on the development of next generation electronics and advanced materials. PMatX is now accepting startups. Merck previously launched BioIncubator, focused on healthcare and life sciences, in Yavne in 2011.
Innoviz Technologies, developer of LiDAR sensors used in self-driving cars, has raised more than $65 million in its second round of funding. Investors include Delphi Automotive, Magna International and popular Korean web portal Naver. Innoviz joins other LiDAR creators to receive funding in recent months, including fellow Israeli startup Oryx and Canada-based LeddarTech.
Israeli startup AdaSky announced that it is developing a thermal camera, described as a “far infrared” camera, to better detect objects and individuals on the road — a possible augmentation for self-driving cars’ sensors. Such a sensor, which has recently become more affordable to manufacture, could aid vehicles navigating at night in fog or in rain.
The top 10 most active investors to date in the Israeli AI space:
SOURCE: Daniel Singer via VC Cafe
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