SolCold developed technology in a film that can be activated to cool rooftops, cars, and even devices using sunlight.

The German auto giant and the driver assistance systems tech firm, now an Intel company, are set to use Israel as a global beta site for testing mobility-as-a-service model.

The new round brings the company's valuation at $1.4 billion

The new Volkswagen Group Campus Tel Aviv, dubbed 'Konnect' will tap into local startups in the fields of connectivity, smart navigation, cybersecurity, e-mobility, and big data.