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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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Electreon to supply Israel’s 4th largest bus operator with wireless charging infrastructure; simultaneous charging of 30 buses

Green Car Congress

Electreon, a provider of wireless and in-road electric vehicle (EV) charging technology, signed an agreement of cooperation with Israel public transportation company Electra Afikim. Electra Afikim is the fourth-largest bus operator in Israel with roughly 1,400 buses.

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Elon Musk to meet with Israel Prime Minister Netanyahu next week: report

Teslarati

Israel Prime Minister Benjamin Netanyahu is traveling to San Francisco next week. As noted in a report from The Times of Israel , Netanyahu would pay a visit to Silicon Valley before he heads to New York to speak at the United Nations General Assembly. During his visit, the official will reportedly meet with Tesla CEO Elon Musk.

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Better Place closes $200M Series C financing; valuation now $2.25B

Green Car Congress

Better Place, a developer and provider of electric car networks—including battery switch stations, batteries and public/personal charge spots ( earlier post )—worldwide, has secured $200 million through a Series C equity financing from a consortium of top-tier investors and partners, nearly doubling the company’s valuation to $2.25

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Porsche increases investment in start-ups by €150M; innovative business models in the field of mobility

Green Car Congress

The objective of “Porsche Ventures” is to gain access to trends, new technologies and business models. To date, innovation has been driven to a large degree by technology and with strong links to our current core competencies. —Lutz Meschke, Deputy Chairman and Member of the Executive Board for Finance and IT at Porsche AG.

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

Green Car Congress

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. We are particularly impressed with their product leadership and customer traction.

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

Green Car Congress

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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