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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:
  • Discover the latest in the Israeli tech ecosystem with our Ecosystem News, highlighting events, announcements, & investments.
     
  • Stay informed about Quantum activities in our Quantum Hub News.
     
  • Explore our Spotlight section for in-depth insights into the most intriguing companies of the month.
     
  • 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!
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#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.

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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.
 

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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

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Bimmatch

AI-based Procurement Platform for the AEC Industry

Bimmatch automates and optimizes the materials management process; ensuring construction and infrastructure projects comply with standards, are completed within budget, and have a net-zero environmental impact. Bimmatch bridges the gaps between projects’ demands and manufacturing industry supply with ease.

Bioplasmar

Biodegradable Flowerpots

Bioplasmar's technology provides a method for processing large amounts of organic waste into biodegradable material that is used for production of fully biodegradable products.

Blue Force

Optimization of Battlefield Management

A simple, lightweight, affordable, and operator-friendly product for soldier helmet or weapon, utilizing IR-RF technologies, ensuring high reliability. Designed as a kit for individual soldiers, with short-range capability (0-300m) and mid/long-range options (1.5-4km).

Droneline

Automating the Delivery of Goods

Droneline is creating a platform of autonomous drones using a high prioritization of safety and customer experience, with the mission of automating the delivery of goods.

Eco Brick

Transforming Waste Into Sustainable Building Solutions

A Greentech startup focused on circular economy principles, repurposing over 20 types of unrecyclable waste into lightweight aggregates for sustainable construction applications

Endless Water

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

A unique system that utilizes the water coming from the AC and saves time and money for the driver. By directing the water from the AC to the windshield wiper water tank, the system saves the customer resources, and it also checks another annoying task out of his car maintenance to-do-list.

Forsight Robotics

Robotic Platform for Ophthalmic Surgery

ForSight Robotics is developing a robotics-based surgical platform for enabling highly precise vision-saving procedures. The companys platform combines robotic microsurgical technology, visualization technologies, and cognitive computing methods in order to transform the way ophthalmic surgical procedures are performed.

H2Oll

Atmospheric Water Generator

H2OLL aims to provide an always-on, off-grid, robust, affordable, and reliable water service to support dry inland commercial & residential areas.

HydRoad

Solar to Hydrogen

Building an emission-free grid of solar roads connected to hydrogen storage systems to transform the way energy is produced, stored, distributed, and supplied to consumers.

ioTech

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.

iphysicist

Optical Systems Design and Production House

A research and development company specializing in electro-optical systems, with services ranging from optical design, through production of prototypes, to mass production.

Oasix

Climate-ready Solar Heat Pump

OASIX Heat Pump, provides hot water and A/C using its own solar power and unique storage solution, regardless of grid. Its technology enables any client to provide all of its thermal needs independently, all year long, in any weather, and compact, modular, and cost-effective.

Profisea

AI-based Multi-cloud Management Platform

A cloud management platform designed to help CloudOps engineers and IT managers visualize their cloud assets and reduce their IT costs. The company’s approach is based on a comprehensive visual representation of an organization’s cloud assets paired with AI-based cost optimizations, enabling customers to see wasted areas and to make savings decisions quickly and safely.

Quantum Design Materials

Quantum Designed Crystals for Room-temperature Superconductors

Quantum Designed Materials (QDM) specializes in designing new crystals based on quantum principles, with a focus on creating room-temperature superconductors.

Relyon.ai

Voice-based Solutions for Personal Safety and Emergency Situations.

An app that 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 phone.

ReSalt

Salt bricks for Construction, Using Sodium Waste

The company's compressed salt bricks will utilize the global sodium waste streams that are environmentally hazardous, and replace the second largest carbon emitter, cement.

Sima analytics

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.

Trackit

Sensing Efficiency in Supply Chains

Sensor for implementing inside a container, for collecting information about the moist, temp, location etc. Cloud based.

Visual Layer

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.

Full Deal Flow  

Gallium Nitride Devices for Electric Application

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