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Israel’s political crisis has activated its apolitical tech industry — and there’s no turning back

TechCrunch

As unease spread amongst a handful of entrepreneurs, alarmed at radical “reforms,” proposed by the Benjamin Netanyahu-led government, to the independence of the judiciary, WhatsApp groups were fired up, and were quickly flooded with volunteers from the tech industry. ’” This is not a marginal issue, either. .

Israel 93
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China’s logistics robot maker VisionNav raises $76M at $500M valuation

TechCrunch

Industrial robotics has in recent years become one of the hottest tech sectors in China as the country encourages the use of advanced technology to enhance efficiency on the production floor. and Hungary. SoftBank leads $15M round for China’s industrial robot maker Youibot.

Hungary 90
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TamatemGames raises $11M Series B led by PUBG maker Krafton

TechCrunch

The gaming industry is booming in Saudi Arabia, with about 70% of Tamatem’s users, Hammo noted. . Big things are happening for the mobile games industry in the region. India, Egypt, Saudi Arabia, Germany, Hungary, and Jordan. The startup will hire local talents in Saudi Arabia to expand further.

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How the tech industry is responding to Russia’s invasion of Ukraine

TechCrunch

The current plan is to figure out how to get staff across the border either to Hungary or Poland. The situation is being hampered by the fact that all airspace is now out of bounds, and public transportation is largely out of action. The situation is also going to spell major economic fallout for startups in Ukraine.

Ukraine 78
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The Path to Globalization of China’s Automotive Industry [2024]

TechNode

At that time, it had become quite apparent that China had emerged as the front line in the battle for dominance of the 21st century automotive industry. By 1950, the United States produced over three quarters of all the cars in the world, and Detroit was the epicenter of the global automotive industry (see Figure 1).

Global 52
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Stellantis and China’s CATL announce new 50 GWh battery plant in Spain

TechNode

The company aims to complete construction of a site in Hungary capable of producing 100 GWh of batteries within two years, and its first regional plant began operations in the German state of Thuringia in early 2023. The 50-50 joint venture will be the third production base CATL is establishing in Europe.

Spain 52
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Dear Sophie: When can I finally come to Silicon Valley?

TechCrunch

Hopeful in Hungary. ” Clearly, while the pandemic’s impact on the venture industry will be felt in years to come, VC will continue to be centered in Silicon Valley. I was originally looking at opening an office in Silicon Valley to be close to software engineers and investors, but then… COVID-19 :).

Hungary 81