Israel Innovation Authority

Business Overview

The Israel Innovation Authority, responsible for the country’s innovation policy, is an independent and impartial public entity that operates for the benefit of the Israeli innovation ecosystem and Israeli economy as a whole.

Its role is to nurture and develop Israeli innovation resources, while creating and strengthening the infrastructure and framework needed to support the entire knowledge industry.

As such, the Israel Innovation Authority advises the government and Parliament (“Knesset”​) committees regarding innovation policy in Israel and furthermore monitors and analyzes the dynamic changes taking place throughout the innovation environments in Israel and abroad. The Authority creates cooperation with counterpart agencies to promote technological innovation in the Israeli industry and economy.

Innovation is by far the most valuable resource for the State of Israel, serving as a national asset crucial to economic prosperity. Strengthening the innovation ecosystem is the mission of the Israel Innovation Authority, which seeks to further develop and support technological innovation in Israel through various support tools.

The Israel Innovation Authority provides a variety of practical tools and funding platforms aimed at addressing the dynamic and changing needs of the local and international innovation ecosystems.

With deep knowledge and understanding of the unique challenges facing the Israeli companies and entrepreneurs, the tools and programs offered by the Authority are based on the specific stage and needs of the company. This includes programs for early stage entrepreneurs, mature companies developing new products or manufacturing processes, academic groups seeking to transfer their ideas to the market, multinational corporations interested in Israeli technology, Israeli companies seeking new markets abroad, and traditional factories and plants seeking to incorporate innovative and advanced manufacturing into their businesses.

Investor type
Government
Business model preference
B2B, B2B2C, B2C, B2G
Series preference
Revenue Financed, Seed, Series B
Offering preference
Hardware, Software
AI type preference
Artificial Intelligence, Computer Vision, Decision Management, Deep Learning, Machine Learning, Natural Language Processing, Robotics, Speech Recognition
Sectors
3D Imaging 3D modeling Adherence Agritech Allergen Analytics Artificial Intelligence Augmented Reality (AR) Biometrics Chronic Conversational Platform Cosmetics Crop Analysis Cyber Security Cyber Security Verification Data Management Data Protection Design Platform Diagnostics Digital Health Drones Drug Discovery Due Diligence E-Commerce Education Enterprise Farm Management Fintech Fraud Fraud Prevention Healthcare Heart Imaging Image Processing Incident Response Industrial Investments IVF Language Maintenance Medical Imaging Medication Errors Monitor Non-invasive Oncology Ophthalmology Optimization Optometry Patient Engagement Patient Safety Payment Fraud Detection Personal Prescription Prescription Errors Prevention Price Optimization Privacy Retail Robotics Safety Sensors Size and Style Smart Appliance Smart City Speech Sports Surgery Technologies Transactions

Investment Portfolio

Startup

Operating Status

Offering Type

Business Model

Total Funding

AI Employees

ProJini Agchem
Active
Software
B2B
4
Appscent
Active
Hardware, Software
B2B
$1 M
2
Olive Diagnostics
Active
$2 M
3

Investment Rounds History

Startup

Date Announced

Funding Round

Amount Raised

Investors

November 2020
Grant
$1.3 M
View All Investors (1 Total)
July 2020
Seed
$1.15 M
View All Investors (3 Total)
July 2020
Grant
$1 M
View All Investors (1 Total)

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