Intel Ignite Selects 10 Startups For 5th Tel Aviv Cohort

By NoCamels Team November 03, 2021 2 minutes

The Intel Ignite team. Photo by Dana Caesar.

Intel’s startup growth program Intel Ignite announced the 10 startups Wednesday that were selected for its fifth Tel Aviv cohort, which will commence on November 7.

The program, which lasts for 12 weeks, initially had 220 applicants, with 14 making it to selection day. That was whittled down to a final 10 that will participate in Ignite’s fifth cohort.

The new program is more focused on the deep tech innovation that impacts both industries and also people’s day-to-day lives. The chosen startups, which are attempting to tackle some of the biggest societal issues will benefit from being paired with an experienced mentor and will receive a personalized program tailored to their specific business needs. The program includes expert sessions on go-to-market and sales, how to deal with building and growing a business, preventing founder fatigue and burnout, and more.

“We are thrilled to welcome an outstanding group of entrepreneurs and startups to our fifth cohort,” said Ranny Nachmias, Managing Director of Intel Ignite. “This cohort has a heavy focus on deep technologies. In addition, the program will also include an exclusive CTO track which we are introducing for the first time. The track will focus on specific CTO pain points and challenges, and how to overcome them. We’re looking forward to seeing how this group of startups will grow throughout the program, as well as to the discovery of the new ideas and strengthening of business relationships that will develop between the founders.”

The 10 startups selected for the fifth cohort in Tel Aviv are:

CADY Solutions, founded in 2020 by Gilad Shapira, Tal Ben Porath and Or Shabtai, utilizes AI technology to perform automatic inspection and verification of electrical schematics.
Founded in 2017, ClairLabs is dedicated to making high quality sleep care more accessible.
Caesarea-based DeepAI’s breakthrough technology enables deep learning at a fraction of the cost and power of GPU systems for fast, secure, and scalable AI.
Echo3D is a cloud platform for 3D/AR/VR apps, games, and content.
Exodigo performs non-intrusive subsurface mapping.
Tel Aviv-based Finout is the first self-service cloud cost observability platform that combines business metrics with cost, slicing it up to customers, features and unit metrics for healthier business decision making.
Heliosphere is a production readiness platform for cloud-native and distributed applications.
HyperSpace’s high-performance ML algorithms empower real-time predictions.
Tel Aviv-based Illumex, which was founded earlier in 2021, provides active data catalog helps companies use their data assets smarter and faster.
Oxeye, which emerged from stealth with $5.3 million of seed funding, performs cloud-native application security testing.

“Intel Ignite is a highly endorsed program for startups, and I’m very excited to have the opportunity to take part,” said Inna Tokarev Sela, founder of Illumex. “I spoke with a few recent graduates of the program, and what really stood out to me was that they all felt that there was never a wasted moment, which is so important as time is our most valuable asset. The list of mentors is outstanding and the agenda of the program covers all aspects of business and development. I personally expect to gain most from the storytelling and sales and marketing tracks. Additionally, gaining contacts within Intel will also be extremely valuable.”