
Quantum Hub
Deal Flow
March 2024
Dear Partners,
Welcome to Quantum's March 2024 Deal Flow report!
You will find 4 sections in the report:
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Discover the latest in the Israeli tech ecosystem with our Ecosystem News, highlighting events, announcements, & investments.
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Stay informed about Quantum activities in our Quantum Hub News.
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Explore our Spotlight section for in-depth insights into the most intriguing companies of the month.
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For a comprehensive overview, dive into our Full Deal Flow Report, featuring relevant companies from our focal sectors.
We value your feedback, so feel free to share your thoughts and questions!


#1
Israeli Tech Sector Thrives Amidst War, $3.7 Billion in Acquisition Deals Since Conflict Began
Despite challenges posed by ongoing conflict, Israel's tech industry demonstrates resilience, with data from Startup Nation Central indicating robust performance.
Since the war's onset on October 7, Israeli startups raised $3.1 billion in 220 private financing rounds, with notable investments such as fintech firm Next Insurance securing over $250 million. Additionally, acquisitions in the tech sector totaled $3.7 billion, featuring prominent deals including Talon Security and Dig Security acquired by Palo Alto Networks, among others. Despite a dip in manpower due to 15% of employees being drafted into reserves, the industry witnessed the establishment of 20 new venture capital funds, raising $2 billion, including funds dedicated to supporting startups amidst financial challenges posed by the war. SNC CEO Avi Hasson anticipates a surge in innovation post-war, predicting a "startup baby boom" that will fuel further growth in the tech ecosystem.
Ecosystem News

#2
Nexty Electronics Teams Up with Hailo to Drive AI Processor Distribution in Japan's Automotive Sector.
Nexty Electronics, a key player within the Toyota Tsusho Group's electronics sector, has partnered with Hailo, an Israeli top AI processor maker, to distribute Hailo's products in Japan's automotive market. This collaboration enhances Hailo's presence in Asia and complements its existing partnership with Macnica. Leveraging its Toyota affiliation, Nexty Electronics brings expertise in electronics solutions for various industries, including automotive. Hailo's CEO emphasizes the significance of such alliances for Advanced Driver-Assistance Systems (ADAS), as Hailo's processors offer high-performance data processing for mass-produced vehicles. This partnership reflects Hailo's global expansion strategy and rapid growth, with recent agreements in North and South America.

Robotics Challange Launch
This month, Quantum kicked off the Robotics Challenge, acknowledging the crucial role of the robotics sector for all its partners. Through extensive discussions and collaboration with our valued partners, we carefully gathered insights, delving into the specific challenges and requirements they encounter in the field of robotics and automation.
The challenge goal is to discover groundbreaking technologies that can tackle these challenges head-on.
This challenge offers startups a prime opportunity to collaborate with major players in the robotics industry, providing invaluable experience and exposure.
Quantum News

Quantum Hub Enrichment Academy: Chemi Peres
This month, as part of the Quantum Hub Enrichment Academy, we had the privilege of hosting renowned high-tech executive Chemi Peres, son of the late Shimon Peres, former President and Prime Minister of Israel. Chemi is a founding partner at Pitango Venture Capital, the largest venture capital fund in Israel, which invests in all areas of technology, from information technology to medical technologies. Until recently, he served as a board member of Teva. In addition, Chemi co-founded and served as chairman of the Association of Venture Capital Funds (the Israeli Association for Advanced Industries) and as chairman of the Israel-America Chamber of Commerce between 2008-2011.
Drawing from his vast industry experience and familial legacy, he articulated a vision for overcoming the current economic challenges after October 7th. His discourse delved into strategies for revitalizing the Israeli ecosystem, emphasizing the pivotal role of innovation and collaboration in navigating turbulent times. Attendees gained valuable perspectives on leveraging adversity as a catalyst for growth, inspiring renewed optimism and resolve within our organization.


Digital Manufacturing for Electronics

ioTech has developed a patented additive manufacturing technology capable of printing with a wide range of standard materials without requiring reformulation. This technology achieves high resolution and speed, facilitating the full-scale digital production of electronics. Additionally, it operates without wet chemistry, aligning with sustainable practices.
The capabilities of ioTech's technology are suited for the electronics manufacturing sector, offering potential in areas like semiconductor packaging and printed circuit board manufacturing and assembly.
Visual Data Analysis Tool

Visual Layers has developed a tool for analyzing large collections of images and videos. The company’s visual data solution is designed to find duplicate and near-duplicate images or videos, clusters of similar items, and anomalies and to learn the normal behavior and temporal interactions between the images or videos.
Container Terminals and Logistics Operators Monitoring

SIMA Analytics supports container terminals and logistics operators in their efforts to boost productivity, maintain a level of service, and reduce operational costs.
The company's solution utilizes AI and proprietary algorithms to consistently monitor and diagnose equipment, alert maintenance and operations teams about asset degradation, efficiently dispatch fleet, and replace assets at the right time to optimize the total cost of ownership.
Voice-based Emergency App

Relyon.ai develops voice-based solutions based on machine learning for personal safety and emergency situations.
The app works using code words that users define in advance. In an emergency, users say the code words they have set, and a sequence of automatic and immediate actions starts running on their cell phones.
A call is made to a contact, a location is sent in real-time, an audible alarm is activated, the situation is recorded, and more. The application can be installed anonymously on the phone.
Spotlight



Bimmatch
AI-based Procurement Platform for the AEC Industry

Blue Force
Optimization of Battlefield Management

Endless Water
System that Utilizes the Water Coming from the AC to Other Use

Forsight Robotics
Robotic Platform for Ophthalmic Surgery

ioTech
Digital Manufacturing for Electronics

Oasix
Climate-ready Solar Heat Pump

Profisea
AI-based Multi-cloud Management Platform

Visual Layer
Visual Data Analysis Tool
Full Deal Flow

Gallium Nitride Devices for Electric Application