The British health technology startup, Babylon, has raised $550 million in an investment round backed by Saudi Arabia’s sovereign wealth fund, German reinsurer Munich Re’s ERGO Fund and an undisclosed U.S.

Headquartered in St. John’s, Newfoundland, Kraken Robotic Systems Inc., has been awarded funding for the development of a mooring chain laser inspection sensor, for use in offshore oil and gas applications.

Ubie, Japanese HealthTech Startup, raises $19M in Series C extension to fuel its US expansion

With an easy 3-minute questionnaire, the app will generate a free report on possible causes. “Based on data extracted from about 50,000 medical research papers [created by more than 50 physicians],

Japan’s largest automaker Toyota and Tokyo-based AI startup Preferred Networks Inc will carry out joint research to develop so-called service robots that are “capable of learning in typical living environments”.

This is not the first Israeli company to enter the world of e-commerce to boost its IT business. Last January, it was CloudEndure which was bought for 250 M €.

The New York and Tel Aviv, Israel-based company Homeis, a culture network for local, foreign-born communities, announced its $12 million Series A funding round.