CzechInvest San Francisco

#czechtech Integromat acquired by Celonis in a $100+ deal! https://www.czechthevalley.com/l/czech-integromat-acquired/

#Spotify CEO to invest over $1 billion of his own wealth for ‘moonshot’ bets in Europe. I get really frustrated when I see European entrepreneurs giving up on their amazing visions selling early on to non-European companies, or when some of the most promising tech talent in Europe leaves because they don’t feel valued here, Ek said. We need more super companies that raise the bar and can act as an inspiration. #europe #europetech #EuropeanTech #technologyleadership... https://www.cnbc.com//spotify-ceo-to-invest-over-1-billion

Astute, a customer engagement platform headquartered in Columbus, Ohio, is announcing that it has acquired social media marketing company Czech-born Socialbakers. https://www.czechthevalley.com/l/socialbakers-one-of-the-l/

Recently, #CushmanWakefield analyzed the impact of COVID-19 on the global manufacturing sector and the ability of the countries to rebound. At this bounce-back-ability ranking #CzechRepublic ended up 4th after China, the US and India. We truly are a manufacturing stronghold in the heart of Europe. #manufacturing #CushmanWakefield #manufacturingsector #ForeignDirectInvestment #FDI #investmentincentives... https://www.cushmanwakefield.com//annual-manufacturing-ris

#Prague based Resistant AI has nabbed a $2.75M seed round co-lead by Index Ventures and Credo Vetures . The startup sells an additional layer of protection that’s specifically designed for tightening security around automated functions such as credit risk scoring and anti-money laundering. #artificialintelligence... #fraudprevention #moneylaundering #czechtech https://techcrunch-com.cdn.ampproject.org//index-and-/amp/

Workswell s.r.o., producer of MEDICAS - Mass Fever Detection System, has been providing its state-of-the-art solution to the airports, and production facilities all over the world, including the US #feverdetection #facescan #coviddetection #CzechTech https://www.czechthevalley.com/l/unique-czech-camera-medic/

VUT FEL - #Czech Technical University in Prague Started Making Respirators for Medical Staff Made from Snorkeling Masks #masks4all #czechtech https://www.czechthevalley.com/l/czech-technical-universit/

CzechInvest SF event

We know that taking the bus would be better for the environment. But on a Friday at rush hour, we strive to move as fast as possible to our next desired place. But thanks to the #Cruise and its electromobility we can soon manage both, moving fast and saving the environment. Cruise removed the engine, steering wheel, pedals, rearview mirrors, and cramped seats. "It’s self-driven. It’s all-electric. It’s shared. It isn’t a car that you buy. It’s an experience that you share. We... want to reimagine transportation as if the car had never existed". Living in California gets you to recognize the future of the tech industry and we can't wait to see this car driving through the street of San Francisco. And who knows, maybe soon in Prague too? #innovation #tech #selfdriving #electricmobility https://medium.com/cru/the-cruise-origin-story-b6e9ad4b47e5

Linet, a Czech manufacturer of modern beds has merged with top-of-the-line mattresses made by a US company called Sizewise. Sizewise has not only a stable base of loyal customers but also a well-established distribution network including 4 manufacturing facilities in the USA and more than 65 branches. However, the real winner in this deal is neither US Sizewise nor Czech Linet, the winners are both customers and the actual patients... https://www.linet.com//news-and-press-releas/2020/sizewise

https://techcrunch.com//elon-musk-says-all-advanced-ai-de/ Elon Musk says all advanced Artificial Intelligence (AI) development should be regulated, including at Tesla. Where is the control of artificial intelligence? There is a need for regulatory oversights as AI is becoming more independent and advanced that it is even going so far as to call it a fundamental risk to the existence of human civilization. AI development should be regulated both by individual national governments as well as by international governing bodies, like the U.N.