The Hottest Startups in Tel Aviv

Eli David, CEO of StartUp Link, says that Tel Aviv's startup scene underwent a transformation around 2019.

As has always been the case, the military is the main source of founders because of its emphasis on problem-solving and a focus on cybersecurity, as well as because most people pass through it. While countries like India are coming online as customers, there is growth in other startup areas. The managing partner of the company admits that they have a brain drain issue. We have a lot of time to spare.

I ammmunai.

Luis Voloch and Noam Solomon founded Immunai to map the immune system and give researchers a complete map. The platform blends single-cell multiomics, machine learning, and functional genomics with high-quality patient data to identify and validate novel drug targets. A total of $295 million has been raised in three rounds from four different companies. Immunai has partnerships with 30 pharmaceutical companies. The company, with offices around the world, achieved unicorn status in October 2021, less than three years after founding. The company plans to develop its own drug discovery program.

Bee wise.

Safra says that the company has the clearest KPIs. Every dollar we make saves two bees. According to Safra, 75 percent of all fruit and vegetables are pollinated by bees. Beewise is on a mission to prevent colony collapse disorder. What is the way? A robot that can detect pesticides, provide food and keep the bees alive can shutter a hive. Over the course of four rounds, the company has raised over 120 million dollars. It claims to have reduced collapse from 35 percent to 8 percent by opening new factories close to large bee populations.

There is a run.

Run:ai has created a special layer for deep learning that can use less resources and train models more quickly than is normally possible. The most expensive device in a data center is the graphics processing unit. Run:ai was launched by Omri and Ronen to control workload from the cloud, pooling the resources of large clusters of GPUs and sharing these among different artificial intelligence workloads by automatically assigning the required compute power each job needs. Dar says that they do for artificial intelligence hardware the same way they did for virtual machines. The company has raised over $100 million in three financing rounds. The company's revenue has grown ninefold since its product launch in 2020.

It's empathy.

Technology and human support can help grieving family members in the aftermath of a loved one's death. Ron Gura and Yonatan Bergman argue that the app can help arrange a funeral but human support from care managers is needed. The company was founded in 2020 and has raised $43 million in two rounds of financing. According to the report, 92 percent of users said they felt better after using the app, and US users saved $3,007 on average. The company now has partnerships with some of the largest banks in the world.

Neura Light.

Parkinson's and Alzheimer's are two of the most common neurodegenerative diseases, and they have high subjective, nonsensitive examination and diagnoses. NeuraLight is building the world's largest database of symptoms, measuring over 1000 volunteers to date. NeuraLight secured its first commercial contract with a publicly traded pharma company to help find a cure forALS. The company has raised $30.5 million. There will be three trials with Parkinson's andMS patients this fall.

LUSIX is the name of the dog.

Lab-grown diamonds are produced in LUSIX's solar powered lab. A second 100 percent solar-powered facility coming online this summer is one of the reasons why the company has raised $135 million. The company was founded in 2016 as a spinoff from the Landa company. Landa says that the lab-grown diamond journey has been embraced by consumers.

Better drinking water.

Better Juice claims to be able to reduce the amount of sugars in juice by up to 80%. It received $8 million in seed funding from iAngels and The Kitchen Hub. The smell and taste of the juice will not be affected by Blachinsky's process. The amount of sugar that can be removed can be tailored to the manufacturer's needs. Other product lines will be funded by the recent round.

Tevell.

The whole industry is at risk because farmers all over the world are struggling to find fruit pickers. The company has raised more than $30 million from agriculture equipment manufacturers, including Japan's Kubota and China's Forbon. A single unit consists of a wheeled vehicle with four drones attached to it and equipped with a meter-long mechanical claw and artificial intelligence-powered eyes that can distinguish between fruits and assess their size and ripeness. The company is planning a commercial roll out in southern Europe.

Ai VF.

Over 8 million babies have been born through in-vivo fertilization since 1978, but the ratio of treatments to births could be better. The company uses computer vision and a database of previous studies to identify the embryo most likely to be successful in fertilization. Insight Partners and Adam Neumann's Family Office invested in the company. The company plans to expand in the US after receiving a EuropeanCE Mark.

It's called Trigo.

Trigo has a tough target to beat, since Amazon has opened 70 checkout stores. Michael Gabay is the CEO and co-founder of the company. Customers can get billed before they leave the store if they pick up items with the help of the company's computer vision system. In a series of rounds, Trigo secured $104 million, which it used to open its first store in London. The UK, Germany, and the Netherlands are where Trigo is currently deployed.