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Israeli companies add to Vivatech buzz

2 weeks ago Sella A. Elizabeth
Publicis Groupe chairman and Vivatech founder Maurice Levy with Makhtar Diop managing director of IFC, World Bank Group  credit: Brett Kline

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Led by Yossi Dan from the Israel-France Chamber of Commerce, a delegation of some 20 Israeli startups and numerous investors arrived listed here at Vivatech, the most significant substantial tech present in Europe, and never ever stopped working from a single rendezvous to the future in the big hall (air-conditioned for the to start with time) at the Porte de Versailles. Set with each other by Maurice Lévy, chairman of the board of marketing giant Publicis Groupe, together with the Les Echoes push group, Vivatech this calendar year took position in a really tense political context, specifically with the Russian invasion of Ukraine. But on the flooring of the corridor, among the hundreds of crowded, vibrant and loud firm, regional and state stands and pavilions, there was no time for politics, such as for the Israeli delegation.

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With enable from Michel Hauser-Kauffmann of the France-Israel chamber of commerce, Dan 1st brought the delegation to the stand of mega French team Bouygues, which gave two Israeli clever mobility start-ups an award.

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Products VP of Parknav, Simon Arazi, promptly defined that there are a lot of startups working with authentic time details to enable persons uncover parking places in cities, but that “acquiring only true time day is worthless. Our method is primarily based on studies improved with genuine-time information,” he ongoing, “and tells the person the proportion of likelihood of acquiring a location in a unique location.” Arazi mentioned 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 Visitors Manage. “We are enablers,” he defined, “supporting municipalities to prevent targeted visitors jams by regulating lights at intersections.” On a tablet computer system, he showed me a targeted visitors jam in Tel Aviv with tiny bars on license plates to continue to keep proprietors anonymous. “We are linked to cameras regulating the lights,” he continued.

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ITC has clientele in Israel, the US, Luxembourg, and a task in Brazil. But are not towns striving to reduce motor vehicle site visitors? Of course, but towns will constantly have too a great deal automobile and truck visitors, both equally winners agreed.

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Also in the delegation was Yaron Golpher, head of I Know First. It gives artificial intelligence-centered algorithmic forecasting methods to make inventory market predictions and everyday forecasts in more than 50 global markets. Previously showcased on Israel’s tv channel 13 and i24 News, I Know Very first has gained an award for very best intercontinental money technologies startup at the Geneva Wealthtech Discussion board.

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The algorithm was very first produced for the chemical market by lover Dr. Lipa Roitman, from Russia, who studied in Novosibirsk State College in Siberia and the Weizmann Institute of Science. Golpher referred to as him, “a genius, the smartest man or woman I have ever fulfilled.”

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

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Golpher noted that the algorithm was pointing to price tag hikes and shortages in the energy, mining and meals sectors in October 2021 in advance of the war in Ukraine started, which means “the pattern from this war was predictable.” Has this presented an chance for investors? “I am not at all relaxed with calling cost hikes and shortages for many people today an possibility for a number of buyers,” he answered.

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Also in the delegation, Yotam Hechtlinger, head of exists.ai, which is in the early stage of advancement of 3D internet sites. “Know-how has reached the phase the place we can generate stunning web-sites that will appeal to people today and providers, not just gamers,” he explained.

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Exists.ai has shoppers in Israel and the US, he pointed out, and hopes to broaden into France. He is producing a system to make 3D web-sites an world-wide-web commodity. “This know-how can assist make the world a far better location,” he pointed out, “not just for video video games but to enrich the net, to present much more information, to resolve issues.”

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Hechtlinger commented, “Yossi and the chambers of commerce did a superior task of introducing us to individuals in this article at Vivatech. We have a pair of leads from this exhibit. Now we have to keep on creating sounds about our merchandise.”

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Certainly, startuppers designed their way via countless numbers of readers to pay a visit to a good selection of French stands: LVMH (luxury brand names), Paris Location, RATP (public transportation) AXA (insurance policies), Bouygues, Orange, ENGIE (energy), BNP Paribas Michelin and JC Decaux, for illustration.

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A specific observe on Jacob Makhtabi and his raw, arms-on industrial French-Israeli startup, Hydro-ecotech. His patented innovation makes use of decomposed, demineralized water, in which hydrogen and oxygen molecules have been separated by electrical existing, to clear carbon deposits (fuel and oil) from vehicle motor walls and their parts (cylinders, pistons and valves). Now that is a mouthful, or relatively a truck and bus-complete!!

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“An engine that is not cleaned demands amplified fuel use and eventually should be immobilized, and its components changed, which is incredibly costly,” he spelled out in French. (He also speaks fluent Hebrew, and some Arabic and Farsi, but no English.) “Ours is a innovative method for the industrial planet, as we can cleanse two buses or trucks a day, whilst latest methods consider two days for each motor vehicle if the cleaning is even carried out,” he extra. He at this time has municipal transport purchasers in Marseilles, his dwelling city, the RATP, and many rubbish truck businesses.

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Back again to the thought of “Tech for Great”, the slogan of Vivatech quite a few yrs in the past (before the corridor was air-conditioned). What about now? Vivatech founder Maurice Levy informed Globes, “Tech for great is now important. Mankind’s genius has systematically assisted damage the setting, with overcrowded metropolitan areas, inadequate transportation, air pollution, forest destruction, and carbon emissions. With technologies, we can use that genius to lessen voracious power usage, produce clean tech and new energies, and to much better wellness and education and learning. Tech for fantastic is the avenue for the upcoming.”

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Maurice Levy then took the stage with Makhtar Diop, head of the Intercontinental Finance Corp, a branch of the Earth Bank, to open up the Africa Tech Awards session, saying finalists in 3 areas: overall health, fintech and weather-tech.

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“We are below to solve troubles,” Levy told the crowd in the not really total Phase A single arena. “And Africa has no time to squander,” included Diop, a former Senegalese finance minister, arguably the most substantial-stage formal from the African continent at the demonstrate.”

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Doaa Aref and Dr. Rasha Rady, founders of Chefaa, a pharmacy delivery platform from Cairo, Egypt, have been handed the wellbeing tech award. A younger man sitting following to me and considerably from dwelling, Luke Shankland from South Africa, whose Aviro Wellness startup performs digitalized, automatic wellbeing screening, graciously commented, “they deserved to gain.”

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He additional that “aid for Africa does appear from the West but normally with strings attached. And huge American corporations are using the services of absent much of the prime expertise in African countries.” He repeated what Makhtar Diop had just mentioned on phase, “African billionaires will have to devote more in technologies.”

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Subsequent, a political condition in which Israel finds by itself associated on each sides…a holographic tackle in augmented actuality by none other than President Zelenskyy of Ukraine, in actuality by his avatar. He created a plea for companies to invest in “a digital land lease in the wrestle for democracy versus an empire, to reconstruct the Ukraine. Remember to guidance the Ukraine right up until victory,” he advised the Stage A single group, in an tackle coordinated with tech shows in Dublin, Zurich and London.

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“Ukraine warrants this gathering,” Maurice Levy informed the crowd, with no mentioning the word Russia. “They require us and we have to have to support them.” It is extremely unconventional for a standing president to use a hologram and avatar, but this was Vivatech.

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Maurice Levy told Globes, “it is too early to see prolonged term consequences from the war in Ukraine, alongside with the situation with China, but engineering need to come across options to what I believe will be the conclude of globalization as we have known it with free of charge and open markets. I see two massive tendencies: inflation for the following 12 to 18 months, with large curiosity charges and the close of low-cost revenue, and the repatriation of manufacturing.”

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And the following day, French President Macron, just again from Kiev, was on stage. “The European know-how ecosystem can convey much assist to the Ukrainians, who are battling for their flexibility,” he informed the gathering.

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Macron promised far more general public and private financial investment in technological know-how in France and Europe, as well as in large tech education and education, starting at the center faculty level, to satisfy key worries in overall health, climate, and to give a far better existence for all.

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And Israeli startups have a job to play in this tech for good, right after what all present agreed was quite favourable participation in Vivatech, with a great deal wanted aid from the two chambers of commerce in Tel Aviv and Paris.

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In accordance to Vivatech, 91,000 visitors attended the present at la Porte de Versailles, there ended up 300,000 clicks on-line, and 3 billion sights on social networks.

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Released by Globes, Israel business 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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