Startup in Tel Aviv The scene transformed around 2019, moving from a system of “holy grail exits” to, as StartUp Link CEO Eli David puts it, “building companies that you don’t intend to sell to Google anytime soon.” did.
As always, the military is still the main source of supply for founders. That’s not only because most people go through the military, but also because it’s more focused on problem solving and focuses on cybersecurity, AI, and robotics.Web3, games, productivity While start-ups are growing, countries such as India are entering online as customers. “There is a brain drain problem,” admits his partner Michel Abadi, managing Maverick Ventures Israel. “But we have a lot of patience.”
Imunai
Luis Voloch, who co-founded Immunai with Noam Solomon in 2018, explains: The platform fuses single-cell multi-omics, machine learning, and functional genomics with high-quality patient data to identify and validate new drug targets, reduce costs and increase drug development success. So far he has raised $295 million in total in his three rounds from Viola Ventures, Dexcel Pharma and Koch Disruptive Technologies. Immunai has 25 academic collaborations with institutions such as Harvard, Stanford and Memorial Sloan Kettering, and 30 partnerships with Fortune 100 pharmaceutical companies. With offices around the world, the company achieved unicorn status in October 2021, less than three years after its founding, and has joined forces with San Francisco-based computational biology startup Dropprint Genomics and Swiss bioinformatics company Acquired a Nebion. Plans include developing its own drug discovery pipeline from the acquired compounds. Imunai.com
Beewise CEO and co-founder Saar Safra on a robotic honeycomb.Photo: Jonathan Bloom
Bewise
“We have the clearest KPIs of any company I’ve started,” says co-founder Saar Safra. “For every dollar we make, two bees are saved.” Safra says 75% of all fruits and vegetables are pollinated by bees, and his 35% of bee colonies are pollinated by bees. % disappear every year. Launched in 2018 by serial entrepreneur Safra and his beekeeper Eliyah Radzyner, his Beewise is on a mission to prevent colony collapse syndrome. How? A robot that can close hives if it detects pesticides, provide food if colonies are running low, and control temperatures to keep bees alive. The company has raised his $120 million in four rounds, including local VC lool Ventures and Fortissimo Capital, as well as U.S. backers Corner Ventures and Insight Partners. increase. He has opened new factories near bee swarms and claims that collapses have decreased from 35% he said to 8% where he has been deployed. beewise.ag
Run: AI
Run:AI has created what it calls a special virtualization layer for deep learning. This allows AI models running on graphics processing units to be trained much faster and using fewer resources. GPU accelerators are one of the most expensive devices in the data center, so efficiency is essential. In 2018, Omri Geller and Ronen Dar launched Run:AI, controlling workloads from the cloud, pooling the resources of large clusters of GPUs, and automatically allocating the compute power needed for each job. We shared these between various AI workloads. “We are doing with AI hardware what VMware and virtualization did with traditional computing,” says Dar. The company has raised $118 million in three funding rounds, backed by Insight Partners, Tiger Global, TLV Partners and S-Capital VC. The company’s revenue has grown ninefold since the product launch in 2020, and upcoming projects include managing inference workloads (trained AI, such as facial recognition software) from the cloud. run.ai
sympathy
Empathy combines technology and human support to help grieving families through the logistical tasks and emotional trauma following the death of a loved one. Founders Ron Gra and Yonathan Bergman claim the app can help with funeral arrangements and validating wills, but human support from care managers who provide emotional support is essential. The company, which was founded in 2020, raised $43 million in his two funding rounds from the likes of Entrée Capital and Aleph, as well as from angel investors including Fiverr co-founder Micha Kaufman. also raised funds. Empathy reported that his 92% of users felt better after using the app, and on average his Empathy users in the US reported that he saved $3,007. The company now partners with Goldman Sachs and New York Life to help its employees. empathy.com
Neuralite
Most neurodegenerative diseases, such as Parkinson’s disease and Alzheimer’s disease, have highly subjective and insensitive symptom testing and diagnosis, hampering timely diagnosis, drug development, and precision treatment. Co-founded by CEO Micha Breakstone and CTO Edmund Benami in his 2021, NeuraLight has to date measured over 1,000 volunteers to build the world’s largest symptom database. NeuraLight recently won its first commercial deal with a publicly traded pharmaceutical company to support drug discovery for amyotrophic lateral sclerosis (ALS). The company has raised $30.5 million in his two rounds from Koch Disruptive Technologies, Samsung Next, Operator Partners and VSC Ventures. Three of his trials are scheduled for this fall in collaboration with leading hospitals in patients with Parkinson’s disease and multiple sclerosis. neural light.ai
Lucix
LUSIX is a solar-powered lab that produces lab-grown diamonds for the gem market and industrial applications. The company has raised his $135 million, with LVMH Luxury Ventures leading the company’s most recent $90 million round to fund expansion of its production capacity in Israel and a second The 100% solar power plant is scheduled to go into operation this summer. The company was founded in 2016 by physicist Yossi Yayon and entrepreneur Benny Landa as a spin-out from digital printing company Landa. “The journey of lab-grown diamonds is still in its infancy, but it is embraced by consumers, especially millennials and his Gen Z,” he says. lusix.com
better juice
Better Juice claims to use microbial enzymes to convert the sugars in fruit juices into non-digestible fiber, reducing up to 80% of all sugars in the juice. Founded in 2018 by Eran Blachinsky of the Hebrew University of Jerusalem, he received $8 million in seed funding led by iAngels and the Food Tech Lab and The Kitchen Hub. Brachinski says his process doesn’t affect the aroma or taste of the juice, but it does make it less sweet. . Recent rounds will fund other product lines such as ice cream, soft drinks and jams. better juice.com
Yaniv Maor, founder of Tevel.Photo: Jonathan Bloom
Teber
“Farmers around the world are struggling to adopt fruit pickers, putting the entire industry at risk,” says Yaniv Maor, founder of Tevel. The company recently raised $32.1 million from agricultural equipment makers such as Kubota of Japan and Fobon of China for a fleet of drones that will pick, thin and prune orchards. One unit consisted of a wheeled vehicle with four quadcopter drones electrically tethered to the vehicle, equipped with mechanical claws 1 meter in length and used to distinguish fruits and determine their size and maturity. It has AI-driven eyes that can be evaluated. The company plans a commercial deployment in Southern Europe in late 2022. tevel-tech.com
AiVF
Since 1978, more than 8 million babies have been born to in vitro fertilization, and with about 3 million in vitro fertilization cycles each year, the treatment-to-birth ratio could be improved, says AiVF founders. Embryologist Daniela Gilboa and IVF specialist Daniel Seidman The company combines AI-based computer vision with a database of previous studies to identify embryos most likely to fertilize successfully without the need for invasive testing. Founded in 2018, the company has raised $35 million in a series of rounds with investors including Insight Partners and Adam Neumann’s Family Office. The company, which received his CE his mark for Europe in 2021, now plans to expand to the United States. aivf.co
Trigo
For a startup founded in 2018, Trigo has chosen a target that is hard to beat. It’s Amazon with 70 frictionless checkout stores. “We are the only company that can turn existing stores into autonomous stores,” explains Michael Gabay, CEO and co-founder of his brother Daniel. The company’s computer vision system includes camera hardware and encrypted “grab-and-go” software that allows customers to pick up items and get billed before they leave the store. Trigo secured his $104 million in a series of rounds, including from 83North, Vertex Ventures, Red Dot Capital Partners and Tesco, which opened his first checkout-free Trigo store in London in October 2021. received the support of Trigo has operations in Germany and the Netherlands. , and the UK through 2022. trigoretail.com
