Twelve startups were selected to take part in the new accelerator program in Tel Aviv by the US-based seed accelerator Techstars, the organization recently announced. The 13-week program started on October 18 and will run until January 13, 2022.
This second accelerator marks a new development in the program, which will now run two cohorts annually and double their number of startup participants.
The companies represented in this latest cohort span a wide variety of verticals, embodying a range of solutions for their industries. Each of the firms – which were handpicked from hundreds of applications – will each receive $120,000, be matched with world-renowned mentors for expert consultation, and gain access to Techstars’ global network of industry professionals and strategic investors.
Entrepreneur and Techstars Israel Managing-Director Hila Ovil-Brenner runs the Techstars Tel Aviv Accelerator. Ovil-Brenner heads the Yazamiyot, Israel’s largest community for female entrepreneurs and also leads the Barclays Accelerator powered by Techstars.
“It is the first time, internationally, we are opening two programs for the global accelerator in Tel Aviv in the same year,” said Ovil-Brenner. “I see it as an honest vote of confidence in the local program, in the Israeli ecosystem, and in Israeli startups in general. It is a great opportunity for these 12 companies who will receive the incredible and unique opportunity to meet and learn from leading experts,” she added.
To date, Techstars operates 50 accelerators worldwide, that have collectively worked with more than 2,600 companies including 16 “Unicorns,” (companies valued at more than $1 billion) adding up to a joint market capitalization exceeding $63.3 billion.
The 12 companies taking part in the accelerator are:
AgadoLive, a Tel Aviv startup that has developed a flexible and easy-to-use platform that lets customers create and design a two-way video app, with AI-powered guidance for hosts and participants.
Authority.io, is a car ownership app based in Quito, Ecuador. It has developed a free app that uses APIs to centralize all services under one system, allowing customers the ability to consult, pay and renew them, saving them time and money as they create a digital history of their car.
Binsight, is a Tel Aviv startup, which has created an AI-based system that accurately and seamlessly tracks users’ consumption behavior, attempting to cut household food wastage.
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EyeKnow is an Israeli company that has developed an AI-based to constantly and unbiasedly monitor the health and safety of children and elders at care facilities or at home.
EZCheck.me is an Israeli-developed platform that is an end-to-end Check-in solution for universities, schools, webinars and professional training, which completely automates the process of attendance tracking.
Insuretax is another Tel Aviv startup, which makes tax insurance accessible to mid-tier and small enterprises using smart tech.
OptimusQ based in Tel Aviv is a one stop shop all inclusive platform for digital marketers to advertise on all platforms in one place, leveraging machine learning and AI.
Ovvio is a shareable and collaborative notebook that enables employees to take meeting minutes and assign trackable tasks, which are shared automatically with the relevant projects, stakeholders or clients.
Renbizz provides a turnkey rental platform to enable retailers to join the rental model.
reTravel is an autonomous cross-selling technology for the travel industry designed to maximize traveler’s loyalty and value, utilizing machine learning and AI.
SeaAnalytics has developed a platform using augmented video analytics and performance management for outdoor sports designed to synchronize and analyze data for athlete, management and coach.
Based out of Haifa, YieldX, is an AI/IoT-based precision biosecurity data security platform for agtech, bridging the gap between livestock farming and singularity through prediction and early detection of diseases, allowing unprecedented animal predictive care.