Bioenergy

BOSCH ESTABLISHES RESEARCH OFFICE IN TEL AVIV

6/28/20160 comentarii

Bosch Group wants to step up its operations in Israel. The supplier of technology and services recently established a research and technology office in Tel Aviv, the leading start-up metropolis. Its associates aim to work more closely with scientific institutions and universities and, at an early stage, to identify innovative start-ups working in fields
such as machine learning (deep learning), robotics, cybersecurity, connectivity, and the internet of things (IoT).

There are thousands of start-ups in Israel, most of them in Tel Aviv and  its environs. With more than 400,000 inhabitants, Israel's second largest  city is also the country's business and economic hub. Many companies and says the Bosch CEO Denner, who is currently on a multi-day business trip potential in many areas that are important for our company's future, and Denner is especially enthusiastic about the innovative strength of this highly developed business location. Relative to its population, no other country is as innovative.

Few cities can match Tel Aviv for the number of He adds that he is especially curious to get to know the start-up scene in Tel Aviv, which he believes will be a source of new inspiration. He is also looking forward to meeting with leading research institutes, and discussing possible alliances. His agenda includes meetings with various start-ups and a visit to the Weizmann Institute of Science, which carries out basic scientific research in Rechovot, south of Tel Aviv. The institute is one of the world's leading interdisciplinary research centers. Denner will also be meeting with representatives of the Technion country's oldest university. It is located in Haifa, Israel's third largest city.

Robert Bosch Venture Capital GmbH (RBVC) also has an office in Tel Aviv. The company provides capital to start-ups from the technology sector, whether in the form of direct investment or indirectly via investment funds. Based in Stuttgart, RBVC has made 420 million euros available for start-ups. Currently, the Bosch Group's venture capital subsidiary has investments in some 30 companies worldwide, five of them Israeli start-taken unawares by new, groundbreaking technologies that can completely gives Bosch early access to disruptive innovations.

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