Publicis Groupe chairman and Vivatech founder Maurice Levy with Makhtar Diop managing director of IFC, World Bank Group  credit: Brett Kline

Israeli companies add to Vivatech buzz

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Led by Yossi Dan from the Israel-France Chamber of Commerce, a delegation of some 20 Israeli startups and various traders arrived listed here at Vivatech, the largest higher tech display in Europe, and hardly ever stopped running from one rendezvous to the up coming in the large hall (air-conditioned for the 1st time) at the Porte de Versailles. Place collectively by Maurice Lévy, chairman of the board of advertising large Publicis Groupe, alongside with the Les Echoes push group, Vivatech this 12 months took position in a extremely tense political context, in particular with the Russian invasion of Ukraine. But on the floor of the hall, amid the hundreds of crowded, colourful and loud company, regional and state stands and pavilions, there was no time for politics, including for the Israeli delegation.

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With support 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 smart mobility start-ups an award.

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Products VP of Parknav, Simon Arazi, promptly explained that there are numerous startups working with real time knowledge to aid people discover parking spots in cities, but that “possessing only serious time date is worthless. Our process is primarily based on data enhanced with actual-time facts,” he ongoing, “and tells the consumer the proportion of possibilities of locating a spot in a distinct place.” Arazi said that some 150 towns in Europe and the States are applying the Parknav technology.

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Up coming to Arazi on the podium stood Dvir Kenig, head of the ITC startup, Clever Targeted visitors Manage. “We are enablers,” he discussed, “encouraging municipalities to stop website traffic jams by regulating lights at intersections.” On a pill computer system, he showed me a traffic jam in Tel Aviv with minor bars on license plates to continue to keep homeowners anonymous. “We are related to cameras regulating the lights,” he ongoing.

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ITC has purchasers in Israel, the US, Luxembourg, and a undertaking in Brazil. But are not cities striving to eliminate vehicle website traffic? Indeed, but towns will often have also much car and truck site visitors, both equally winners agreed.

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Also in the delegation was Yaron Golgher, head of I Know Very first. It provides synthetic intelligence-centered algorithmic forecasting remedies to make stock market predictions and everyday forecasts in a lot more than 50 international markets. Currently showcased on Israel’s television channel 13 and i24 News, I Know 1st has gained an award for greatest intercontinental monetary technology startup at the Geneva Wealthtech Forum.

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The algorithm was 1st formulated for the chemical business by companion Dr. Lipa Roitman, from Russia, who studied in Novosibirsk Point out University in Siberia and the Weizmann Institute of Science. Golgher termed him, “a genius, the smartest human being I have at any time fulfilled.”

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

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Golgher observed that the algorithm was pointing to rate hikes and shortages in the strength, mining and food stuff sectors in Oct 2021 right before the war in Ukraine started, which means “the pattern from this war was predictable.” Has this introduced an opportunity for buyers? “I am not at all comfy with contacting cost hikes and shortages for a lot of people an opportunity for a several traders,” he answered.

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Also in the delegation, Yotam Hechtlinger, head of exists.ai, which is in the early phase of progress of 3D websites. “Know-how has attained the phase exactly where we can create magnificent web-sites that will enchantment to individuals and providers, not just gamers,” he stated.

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Exists.ai has shoppers in Israel and the US, he observed, and hopes to extend into France. He is building a system to make 3D web-sites an web commodity. “This know-how can enable make the world a far better area,” he noted, “not just for online video online games but to enrich the web, to deliver much more information and facts, to solve issues.”

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Hechtlinger commented, “Yossi and the chambers of commerce did a great job of introducing us to men and women below at Vivatech. We have a couple of qualified prospects from this show. Now we have to continue on making noise about our solution.”

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In truth, startuppers built their way via countless numbers of guests to pay a visit to a good selection of French stands: LVMH (luxury manufacturers), Paris Location, RATP (general public transportation) AXA (insurance policy), Bouygues, Orange, ENGIE (vitality), BNP Paribas Michelin and JC Decaux, for instance.

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A specific note on Jacob Makhtabi and his uncooked, fingers-on industrial French-Israeli startup, Hydro-ecotech. His patented innovation makes use of decomposed, demineralized drinking water, in which hydrogen and oxygen molecules have been separated by electrical present-day, to clean carbon deposits (fuel and oil) from vehicle motor walls and their elements (cylinders, pistons and valves). Now that is a mouthful, or rather a truck and bus-whole!!

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“An engine that is not cleaned demands amplified fuel intake and sooner or later have to be immobilized, and its components replaced, which is very high priced,” he discussed in French. (He also speaks fluent Hebrew, and some Arabic and Farsi, but no English.) “Ours is a revolutionary procedure for the industrial earth, as we can clear two buses or vans a day, while current strategies take two days for each vehicle if the cleansing is even completed,” he included. He now has municipal transport clientele in Marseilles, his dwelling city, the RATP, and many rubbish truck organizations.

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Again to the thought of “Tech for Fantastic”, the slogan of Vivatech several years in the past (right before the corridor was air-conditioned). What about now? Vivatech founder Maurice Levy informed Globes, “Tech for fantastic is now critical. Mankind’s genius has systematically assisted ruin the surroundings, with overcrowded towns, bad transportation, pollution, forest destruction, and carbon emissions. With technological know-how, we can use that genius to reduced voracious energy consumption, create cleanse tech and new energies, and to far better overall health and training. Tech for excellent is the avenue for the long term.”

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Maurice Levy then took the stage with Makhtar Diop, head of the International Finance Corp, a department of the Environment Bank, to open up the Africa Tech Awards session, asserting finalists in 3 places: health and fitness, fintech and local climate-tech.

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“We are below to fix complications,” Levy told the crowd in the not fairly full Stage One particular arena. “And Africa has no time to squander,” added Diop, a former Senegalese finance minister, arguably the most large-amount formal from the African continent at the demonstrate.”

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Doaa Aref and Dr. Rasha Rady, founders of Chefaa, a pharmacy delivery system from Cairo, Egypt, were being handed the wellbeing tech award. A youthful male sitting down next to me and far from property, Luke Shankland from South Africa, whose Aviro Wellbeing startup performs digitalized, automatic well being screening, graciously commented, “they deserved to acquire.”

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He extra that “help for Africa does appear from the West but generally with strings hooked up. And major American firms are selecting away much of the best talent in African international locations.” He recurring what Makhtar Diop had just stated on stage, “African billionaires will have to invest a lot more in technological innovation.”

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Future, a political situation in which Israel finds itself concerned on both sides…a holographic deal with in augmented actuality by none other than President Zelenskyy of Ukraine, in reality by his avatar. He built a plea for corporations to invest in “a electronic land lease in the struggle for democracy from an empire, to reconstruct the Ukraine. Please help the Ukraine right until victory,” he explained to the Phase A person group, in an address coordinated with tech reveals in Dublin, Zurich and London.

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“Ukraine warrants this gathering,” Maurice Levy instructed the group, without the need of mentioning the term Russia. “They have to have us and we will need to assistance them.” It is incredibly strange for a standing president to use a hologram and avatar, but this was Vivatech.

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Maurice Levy explained to Globes, “it is way too early to see extensive expression outcomes from the war in Ukraine, alongside with the problem with China, but technologies ought to discover solutions to what I feel will be the conclusion of globalization as we have identified it with absolutely free and open markets. I see two significant trends: inflation for the up coming 12 to 18 months, with substantial desire fees and the close of cheap cash, and the repatriation of creation.”

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And the upcoming working day, French President Macron, just back from Kiev, was on phase. “The European engineering ecosystem can deliver considerably assistance to the Ukrainians, who are preventing for their independence,” he told the gathering.

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Macron promised far more public and personal expense in technological know-how in France and Europe, as effectively as in significant tech training and training, commencing at the center school amount, to satisfy significant problems in well being, climate, and to present a superior existence for all.

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And Israeli startups have a purpose to engage in in this tech for good, just after what all current agreed was incredibly positive participation in Vivatech, with considerably wanted support from both of those chambers of commerce in Tel Aviv and Paris.

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According to Vivatech, 91,000 website visitors attended the exhibit at la Porte de Versailles, and there were being 300,000 visits on the internet.

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Revealed 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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