Israeli companies add to Vivatech buzz
Led by Yossi Dan from the Israel-France Chamber of Commerce, a delegation of some twenty Israeli startups and various buyers arrived listed here at Vivatech, the greatest large tech demonstrate in Europe, and never stopped operating from one particular rendezvous to the next in the enormous hall (air-conditioned for the first time) at the Porte de Versailles. Set jointly by Maurice Lévy, chairman of the board of promotion giant Publicis Groupe, together with the Les Echoes press group, Vivatech this yr took location in a incredibly tense political context, in particular with the Russian invasion of Ukraine. But on the floor of the hall, among the hundreds of crowded, colorful and loud company, regional and region stands and pavilions, there was no time for politics, like for the Israeli delegation.

With help from Michel Hauser-Kauffmann of the France-Israel chamber of commerce, Dan initial brought the delegation to the stand of mega French team Bouygues, which gave two Israeli clever mobility start-ups an award.

Product or service VP of Parknav, Simon Arazi, promptly explained that there are quite a few startups making use of authentic time facts to help persons discover parking spots in metropolitan areas, but that “possessing only serious time day is worthless. Our procedure is dependent on statistics enhanced with true-time data,” he ongoing, “and tells the person the proportion of chances of acquiring a spot in a certain area.” Arazi stated that some 150 towns in Europe and the States are employing the Parknav technologies.

Following to Arazi on the podium stood Dvir Kenig, head of the ITC startup, Smart Website traffic Regulate. “We are enablers,” he stated, “serving to municipalities to protect against targeted traffic jams by regulating lights at intersections.” On a pill pc, he showed me a website traffic jam in Tel Aviv with tiny bars on license plates to keep proprietors anonymous. “We are related to cameras regulating the lights,” he continued.

ITC has clientele in Israel, the US, Luxembourg, and a project in Brazil. But aren’t metropolitan areas seeking to do away with car or truck traffic? Of course, but cities will constantly have as well significantly auto and truck visitors, each winners agreed.

Also in the delegation was Yaron Golpher, head of I Know To start with. It provides artificial intelligence-based algorithmic forecasting remedies to make inventory current market predictions and daily forecasts in extra than 50 world marketplaces. Currently showcased on Israel’s television channel 13 and i24 Information, I Know Very first has gained an award for most effective international financial engineering startup at the Geneva Wealthtech Discussion board.

The algorithm was to start with designed for the chemical business by husband or wife Dr. Lipa Roitman, from Russia, who analyzed in Novosibirsk Condition University in Siberia and the Weizmann Institute of Science. Golpher identified as him, “a genius, the smartest person I have ever achieved.”

He extra, “and just as we really don’t touch our clients’ money, he and I do not discuss politics.”

Golpher noted that the algorithm was pointing to price tag hikes and shortages in the energy, mining and food items sectors in October 2021 in advance of the war in Ukraine commenced, which means “the craze from this war was predictable.” Has this introduced an possibility for traders? “I am not at all comfortable with calling cost hikes and shortages for many people today an prospect for a handful of investors,” he answered.

Also in the delegation, Yotam Hechtlinger, head of exists.ai, which is in the early stage of improvement of 3D web sites. “Know-how has reached the stage where we can make impressive web-sites that will enchantment to individuals and providers, not just avid gamers,” he mentioned.

Exists.ai has purchasers in Israel and the US, he mentioned, and hopes to extend into France. He is building a platform to make 3D sites an web commodity. “This technologies can support make the entire world a better place,” he noted, “not just for online video game titles but to enrich the world wide web, to provide additional information, to clear up issues.”

Hechtlinger commented, “Yossi and the chambers of commerce did a great occupation of introducing us to individuals listed here at Vivatech. We have a couple of prospects from this clearly show. Now we have to proceed building sound about our solution.”

In fact, startuppers created their way as a result of 1000’s of website visitors to take a look at a great quantity of French stands: LVMH (luxury brand names), Paris Region, RATP (general public transportation) AXA (insurance coverage), Bouygues, Orange, ENGIE (energy), BNP Paribas Michelin and JC Decaux, for case in point.

A distinctive take note on Jacob Makhtabi and his raw, arms-on industrial French-Israeli startup, Hydro-ecotech. His patented innovation uses decomposed, demineralized drinking water, in which hydrogen and oxygen molecules have been separated by electrical present-day, to clean carbon deposits (gas and oil) from car motor partitions and their factors (cylinders, pistons and valves). Now that is a mouthful, or somewhat a truck and bus-entire!!

“An engine that is not cleaned needs improved gas use and at some point will have to be immobilized, and its sections replaced, which is very high priced,” he stated in French. (He also speaks fluent Hebrew, and some Arabic and Farsi, but no English.) “Ours is a groundbreaking system for the industrial environment, as we can cleanse two buses or vans a working day, whereas present processes just take two days for every auto if the cleaning is even carried out,” he added. He presently has municipal transport clients in Marseilles, his property city, the RATP, and various rubbish truck corporations.

Back again to the concept of “Tech for Fantastic”, the slogan of Vivatech various yrs in the past (before the hall was air-conditioned). What about now? Vivatech founder Maurice Levy instructed Globes, “Tech for good is now crucial. Mankind’s genius has systematically assisted ruin the natural environment, with overcrowded towns, inadequate transportation, air pollution, forest destruction, and carbon emissions. With technology, we can use that genius to decreased voracious electricity consumption, produce clear tech and new energies, and to much better overall health and education and learning. Tech for superior is the avenue for the long term.”

Maurice Levy then took the stage with Makhtar Diop, head of the Intercontinental Finance Corp, a branch of the Environment Financial institution, to open the Africa Tech Awards session, saying finalists in 3 spots: health and fitness, fintech and local climate-tech.

“We are listed here to address challenges,” Levy informed the crowd in the not really full Stage A person arena. “And Africa has no time to squander,” added Diop, a former Senegalese finance minister, arguably the most high-stage official from the African continent at the demonstrate.”

Doaa Aref and Dr. Rasha Rady, founders of Chefaa, a pharmacy shipping system from Cairo, Egypt, were being handed the health and fitness tech award. A younger man sitting down subsequent to me and significantly from property, Luke Shankland from South Africa, whose Aviro Wellbeing startup performs digitalized, automatic health screening, graciously commented, “they deserved to acquire.”

He extra that “aid for Africa does appear from the West but normally with strings attached. And massive American corporations are choosing away considerably of the top expertise in African countries.” He recurring what Makhtar Diop experienced just reported on phase, “African billionaires will have to make investments much more in know-how.”

Next, a political circumstance in which Israel finds alone concerned on each sides…a holographic address in augmented truth by none other than President Zelenskyy of Ukraine, in point by his avatar. He manufactured a plea for firms to spend in “a electronic land lease in the battle for democracy from an empire, to reconstruct the Ukraine. Be sure to guidance the Ukraine right until victory,” he instructed the Phase One crowd, in an deal with coordinated with tech shows in Dublin, Zurich and London.

“Ukraine deserves this gathering,” Maurice Levy instructed the group, without having mentioning the phrase Russia. “They have to have us and we have to have to help them.” It is incredibly abnormal for a standing president to use a hologram and avatar, but this was Vivatech.

Maurice Levy informed Globes, “it is far too early to see long phrase effects from the war in Ukraine, together with the predicament with China, but technological know-how will have to obtain answers to what I consider will be the end of globalization as we have known it with absolutely free and open markets. I see two huge tendencies: inflation for the upcoming 12 to 18 months, with higher curiosity charges and the finish of low-cost money, and the repatriation of manufacturing.”

And the upcoming working day, French President Macron, just again from Kiev, was on phase. “The European technologies ecosystem can convey a lot aid to the Ukrainians, who are preventing for their freedom,” he told the collecting.

Macron promised extra general public and non-public expense in technologies in France and Europe, as perfectly as in superior tech schooling and instruction, commencing at the center university level, to fulfill big worries in health, local weather, and to offer a improved lifestyle for all.

And Israeli startups have a purpose to participate in in this tech for great, following what all present agreed was really optimistic participation in Vivatech, with a great deal essential assist from both of those chambers of commerce in Tel Aviv and Paris.

In accordance to Vivatech, 91,000 people attended the display at la Porte de Versailles, there had been 300,000 clicks on-line, and 3 billion views on social networks.

Published by Globes, Israel enterprise information – en.globes.co.il – on June 19, 2022.

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