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BMW i Ventures invests in Upstream Security to accelerate the development of connected vehicle cybersecurity solutions

Green Car Congress

Israel-based automotive cybersecurity and data management company Upstream Security recently closed a Series C round which includes BMW i Ventures as a new investor. Upstream provides a cloud-based data management platform purpose-built for connected vehicles, delivering automotive cybersecurity and advanced data-driven applications.

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SEAT and Champion Motors create XPLORA to focus on connected cars and smart mobility in Israel

Green Car Congress

the brand’s importer in Israel, have reached an agreement to create XPLORA, a transversal team of specialists focused on technological innovation projects aimed at the connected car and smart mobility services. These first steps will be used to analyse the feasibility of pilot testing on a larger scale in Israel and at European level.

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BIRD Energy to invest $6.4M in Israel-US projects; biomass, fuel cells, natural gas, water-energy nexus and energy efficiency technologies

Green Car Congress

The US Department of Energy (DOE), Israel’s Ministry of Energy (MoE) along with the Israel Innovation Authority have selected seven clean energy projects to receive $6.4 The BIRD Energy program continues to deliver results in energy, enhancing the energy security of both the United States and Israel. Elbit Systems Ltd.

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General Motors acquires battery software startup ALGOLiON

Green Car Congress

General Motors has acquired substantially all the assets of Israel-based battery software startup ALGOLiON Ltd. ALGOLiON employees, including the company’s founders, will remain based in Israel and join more than 850 employees at the GM Technical Center in Herzliya, Israel. for an undisclosed sum.

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HARMAN acquiring Red Bend Software and Symphony Teleca for growth in connected vehicle space

Green Car Congress

HARMAN International announced the acquisition of Israel-based Red Bend Software, a leading provider of software management technology for connected devices, and over-the-air (OTA) software and firmware upgrading services. By 2020, it is expected that more than 90% of vehicles on the road will be connected (Frost and Sullivan).

Connect 150
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Gentherm leads investment in electric battery cooling technology maker Carrar

Green Car Congress

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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The largest grid interconnector project in history just took a big leap forward

Electrek

The EuroAsia grid interconnector – the longest and deepest in the world – will connect Greece, Israel, and Cyprus. more… The post The largest grid interconnector project in history just took a big leap forward appeared first on Electrek.

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