Israeli Startup Anagog Closes Series B Round Led By Daimler, MizMaa Ventures
February 27, 2018 | Israeli mobility status AI company Anagog announced Monday it has closed a Series B financing round, led by German automotive giant Daimler AG and US venture capital firm MizMaa Ventures, according to Reuters. No financial details on the funding round were disclosed at the time of this announcement. “We are very pleased and honored to welcome Daimler and Mizmaa as our new investors,” said said Anagog CEO Ofer Tziperman, in a statement. “Our ongoing business collaboration with Daimler has been a perfect opportunity to recognize the mutual synergies between Anagog’s array of mobility innovations and Daimler’s long-term vision of mobility services. We are also delighted to have the experienced team of Mizmaa on-board. Their intimate knowledge of our potential markets will be a superb asset for Anagog. Anagog, a Tel Aviv-based company founded by Gil Levy and Yaron Aizenbud in 2010, is the developer of JedAI, the first on-handset AI engine that converts sensors data in real-time and predicts mobility status and location information. Anagog and Daimler launched the EQ Ready App last year, helping drivers decide whether they should switch to more eco-friendly car technology by comparing their travel to data from electric and hybrid vehicles. Daimler has been a part of Israel’s budding automotive tech scene for some time now, opening a Mercedes-Benz research and development center in Tel Aviv last year and collaborating with Israeli-founded startup Via to bring ride-sharing to Europe through their Mercedes-Benz Vans business unit.