10 Israeli Startups Head To Beijing For New Accelerator Program

By NoCamels Team November 28, 2017 Comments

ministry of the economy israelNovember 28, 2017 | Ten Israeli startups were selected to participate in an accelerator program in Beijing, China led by the Israeli Ministry of Economy in cooperation with China’s largest private equity fund, the Chinese Shengjing Group, and the business community DayDayUp. The Israel–China Accelerator is a six-month program where the startups receive “in-depth training regarding the Chinese market and business matchmaking services toward potential investors, customers and strategic partners, as well as work space in Beijing,” the ministry and the Chinese groups said in a joint statement.  The 10 chosen Israeli startups are: the Tel-Aviv based Anzu which offers an “immersive-first advertising platform focused on VR/AR environments”; Social Internet, based in Ramat Gan, which provides “technology-enabled services helping enterprises handle their Influencer Relationship Management (IRM)”; the Ramat Gan-based biotech company TechsoMed which developed “ultrasound based real-time monitoring systems for thermal ablation procedures”; the financial services firm I know first which gives daily market forecasts based on predictive algorithms; the Ceasarea-based company TapReason, a “platform that optimizes business processes for mobile apps”; Modcon which focuses on process analyzers; Gencell, a Petah Tikva-based “provider of power backup solutions”; Personalics, which does “smart advertising and predictive customer behavior; Pom Vom, which developed the PaparazMe app for “automatic, real-time photo exchange”; and Watteam, founded by Israeli cycling enthusiasts who developed an “affordable power meter that works on any bike.”

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