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Israeli companies add to Vivatech buzz

June 20, 20228 min read Annita Vagas

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Led by Yossi Dan from the Israel-France Chamber of Commerce, a delegation of some 20 Israeli startups and a number of traders arrived right here at Vivatech, the major significant tech exhibit in Europe, and under no circumstances stopped working from one particular rendezvous to the subsequent in the substantial corridor (air-conditioned for the initial time) at the Porte de Versailles. Place alongside one another by Maurice Lévy, chairman of the board of advertising and marketing large Publicis Groupe, together with the Les Echoes push group, Vivatech this 12 months took spot in a incredibly tense political context, especially with the Russian invasion of Ukraine. But on the floor of the hall, among the the hundreds of crowded, vibrant and loud company, regional and place stands and pavilions, there was no time for politics, which include for the Israeli delegation.

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With assistance from Michel Hauser-Kauffmann of the France-Israel chamber of commerce, Dan to start with introduced the delegation to the stand of mega French group Bouygues, which gave two Israeli sensible mobility start off-ups an award.

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Product VP of Parknav, Simon Arazi, promptly explained that there are numerous startups working with true time facts to assistance people today obtain parking spots in cities, but that “obtaining only true time day is ineffective. Our process is primarily based on figures improved with actual-time knowledge,” he ongoing, “and tells the consumer the percentage of odds of finding a spot in a precise location.” Arazi reported that some 150 towns in Europe and the States are using the Parknav technology.

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Upcoming to Arazi on the podium stood Dvir Kenig, head of the ITC startup, Smart Targeted visitors Manage. “We are enablers,” he stated, “serving to municipalities to protect against traffic jams by regulating lights at intersections.” On a tablet laptop, he showed me a traffic jam in Tel Aviv with tiny bars on license plates to continue to keep homeowners nameless. “We are linked to cameras regulating the lights,” he ongoing.

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ITC has clients in Israel, the US, Luxembourg, and a challenge in Brazil. But are not towns making an attempt to remove car traffic? Sure, but cities will often have too considerably motor vehicle and truck targeted traffic, equally winners agreed.

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Also in the delegation was Yaron Golpher, head of I Know Very first. It presents synthetic intelligence-dependent algorithmic forecasting remedies to make stock sector predictions and every day forecasts in much more than 50 global marketplaces. Presently showcased on Israel’s tv channel 13 and i24 Information, I Know 1st has won an award for very best global money engineering startup at the Geneva Wealthtech Forum.

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The algorithm was to start with designed for the chemical business by associate Dr. Lipa Roitman, from Russia, who studied in Novosibirsk Point out College in Siberia and the Weizmann Institute of Science. Golpher known as him, “a genius, the smartest man or woman I have ever fulfilled.”

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He included, “and just as we do not contact our clients’ funds, he and I do not converse politics.”

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Golpher mentioned that the algorithm was pointing to cost hikes and shortages in the power, mining and food stuff sectors in October 2021 prior to the war in Ukraine began, that means “the pattern from this war was predictable.” Has this offered an possibility for investors? “I am not at all relaxed with contacting cost hikes and shortages for a lot of people an prospect for a several buyers,” he answered.

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Also in the delegation, Yotam Hechtlinger, head of exists.ai, which is in the early stage of enhancement of 3D web sites. “Technologies has achieved the phase exactly where we can develop amazing sites that will charm to men and women and firms, not just gamers,” he said.

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Exists.ai has clients in Israel and the US, he noted, and hopes to develop into France. He is producing a platform to make 3D websites an web commodity. “This technological innovation can support make the earth a improved put,” he noted, “not just for video online games but to enrich the world wide web, to offer extra details, to solve issues.”

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Hechtlinger commented, “Yossi and the chambers of commerce did a very good work of introducing us to folks right here at Vivatech. We have a couple of sales opportunities from this exhibit. Now we have to carry on earning sound about our product or service.”

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Indeed, startuppers designed their way as a result of 1000’s of website visitors to visit a very good number of French stands: LVMH (luxurious brand names), Paris Region, RATP (public transportation) AXA (insurance plan), Bouygues, Orange, ENGIE (electricity), BNP Paribas Michelin and JC Decaux, for example.

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A distinctive observe on Jacob Makhtabi and his uncooked, palms-on industrial French-Israeli startup, Hydro-ecotech. His patented innovation employs decomposed, demineralized water, in which hydrogen and oxygen molecules have been divided by electric powered present-day, to clear carbon deposits (gasoline and oil) from automobile engine partitions and their components (cylinders, pistons and valves). Now that is a mouthful, or fairly a truck and bus-whole!!

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“An engine that is not cleaned requires increased fuel intake and at some point must be immobilized, and its parts replaced, which is incredibly high priced,” he discussed in French. (He also speaks fluent Hebrew, and some Arabic and Farsi, but no English.) “Ours is a groundbreaking procedure for the industrial environment, as we can clear two buses or vehicles a day, whilst present treatments take two days per auto if the cleansing is even carried out,” he included. He now has municipal transportation shoppers in Marseilles, his dwelling city, the RATP, and many garbage truck companies.

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Back again to the idea of “Tech for Good”, the slogan of Vivatech various decades ago (prior to the corridor was air-conditioned). What about now? Vivatech founder Maurice Levy informed Globes, “Tech for excellent is now crucial. Mankind’s genius has systematically helped wipe out the surroundings, with overcrowded cities, bad transportation, pollution, forest destruction, and carbon emissions. With technologies, we can use that genius to lessen voracious energy consumption, acquire clean up tech and new energies, and to superior health and training. Tech for great is the avenue for the potential.”

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

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“We are below to clear up problems,” Levy informed the group in the not pretty full Phase A person arena. “And Africa has no time to squander,” extra Diop, a previous Senegalese finance minister, arguably the most superior-degree official from the African continent at the clearly show.”

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Doaa Aref and Dr. Rasha Rady, founders of Chefaa, a pharmacy shipping system from Cairo, Egypt, were handed the well being tech award. A young gentleman sitting down next to me and considerably from residence, Luke Shankland from South Africa, whose Aviro Overall health startup performs digitalized, automated wellness screening, graciously commented, “they deserved to acquire.”

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He added that “assistance for Africa does arrive from the West but usually with strings attached. And big American organizations are choosing absent a lot of the best expertise in African countries.” He recurring what Makhtar Diop experienced just mentioned on phase, “African billionaires should commit a lot more in technological know-how.”

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Upcoming, a political predicament in which Israel finds by itself included on both equally sides…a holographic handle in augmented actuality by none other than President Zelenskyy of Ukraine, in actuality by his avatar. He made a plea for firms to devote in “a digital land lease in the battle for democracy versus an empire, to reconstruct the Ukraine. Please aid the Ukraine until finally victory,” he advised the Stage Just one group, in an tackle coordinated with tech demonstrates in Dublin, Zurich and London.

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“Ukraine deserves this accumulating,” Maurice Levy told the crowd, with out mentioning the word Russia. “They need to have us and we have to have to help them.” It is extremely unusual for a standing president to use a hologram and avatar, but this was Vivatech.

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Maurice Levy advised Globes, “it is far too early to see extensive phrase implications from the war in Ukraine, together with the problem with China, but technological innovation should discover methods to what I believe will be the conclusion of globalization as we have regarded it with cost-free and open up markets. I see two significant trends: inflation for the up coming 12 to 18 months, with superior curiosity premiums and the end of cheap money, and the repatriation of generation.”

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And the future working day, French President Macron, just back again from Kiev, was on phase. “The European engineering ecosystem can convey a great deal aid to the Ukrainians, who are combating for their freedom,” he informed the accumulating.

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Macron promised extra general public and non-public financial commitment in technological innovation in France and Europe, as nicely as in substantial tech coaching and training, commencing at the middle faculty degree, to satisfy major issues in health, weather, and to provide a much better existence for all.

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And Israeli startups have a job to perform in this tech for excellent, after what all current agreed was quite positive participation in Vivatech, with much desired assistance from each chambers of commerce in Tel Aviv and Paris.

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

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

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© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

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