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Gentherm leads investment in electric battery cooling technology maker Carrar

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Gentherm, a developer of innovative thermal management technologies, is the lead investor in a seed round of financing in Carrar , an Israel-based technology developer of advanced thermal management systems for the electric mobility market.

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Karamba Security raises $10M in new funding; round led by VinFast

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Israel-based Karamba Security , a leading developer of endpoint protection for connected devices, has secured $10 million in new funding in an extension to its B Round financing.

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Toyota Research Institute launches Toyota AI Ventures with $100M investment

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Toyota Research Institute (TRI) is investing an initial $100 million to launch Toyota AI Ventures , a new corporate venture capital subsidiary designed to provide early-stage financing to startup technology companies. TRI participated in Nauto’s $12M Series A financing in August 2016.

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Wireless EV charging roads piloted in the U.S., Europe

Teslarati

Israel-based company Electreon is one such company piloting wireless roads, as detailed in a report from CNBC on Monday. One Electreon project in Sweden is set to connect the town of Visby on Gotland Island to a regional airport via a wirelessly charging electric roadway. business development at Electreon, in an interview with CNBC.

Europe 127
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Better Place consortium launches electric taxi project with battery switch station at Schiphol airport

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Awarded last year, the project consortium, “Greening European Transportation Infrastructure for Electric Vehicles,” is the first decarbonization infrastructure project co-financed by the European Union’s TEN-T program. Batter Place recently completed an historic “lap” around Israel by driving the Renault Fluence Z.E. million miles).

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Better Place secures €40M European Investment Bank loan

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The remaining proceeds will be used for similar purposes in Israel. In Denmark, the Better Place network of Battery Switch Stations now connects Copenhagen to Aarhus. The Copenhagen-Paris corridor is 1,220 kilometers [758 miles], which is about the same distance I recently drove in a trip across Israel in a Renault Fluence Z.E.,

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Intel to acquire Mobileye for $15.3 billion; targeting autonomous driving

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This transaction extends Intel’s strategy to invest in data-intensive market opportunities that build on the company’s strengths in computing and connectivity from the cloud, through the network, to the device. The offer is not subject to any financing conditions. Amnon Shashua, Mobileye’s Co- Founder, Chairman and CTO.

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