Techstars, a network that says it speeds up innovation through collaboration, with some 50 international programs targeting a range of fields, announced its new accelerator program for Israel this year.
Scheduled to run from April 4 to Demo Day on July 1, the 13-week program will comprise 10 technology companies from diverse disciplines. These companies, handpicked from hundreds of applications, will receive an investment of up to $120,000 each on top of mentorships, access to the Techstars global network, introduction to business professionals, and ties with industry leaders and investors worldwide.
The Israeli program is run by Hilla Ovil-Brenner, managing director of Techstars Tel Aviv, a serial entrepreneur who also headed the Barclays-Techstars joint program in Israel.
Techstars has been operating in Israel for four years. It collaborates with entrepreneurs, experts, mentors, academics, investors, business leaders, and corporate partners to help startups grow.
Techstars will offer the participant startups “13 weeks of challenges, compelling experiences, professional know-how, and most importantly, a giant leap forward in their respective fields,” said Ovil-Brenner in a statement.
The companies that have been selected to participate in the latest accelerator program are:
Heex Technologies, based in Paris, has developed a cloud-based collaboration software tool focusing on smart data management in autonomous driving.
Keese, based in Tel Aviv, aims to be an organizer for finances, taxes and regulations for multinationals that employ expatriates around the world.
Snapland, based in Tel Aviv, created an AI engine that provides real estate professionals with analyzed data on untapped renewal opportunities.
IndieFlow, based in Tel Aviv, has developed a workflow management platform for the music industry.
It’s July, based in Tel Aviv, has developed a community-based urban travel guide for families.
Immagnify, based in Tel Aviv, has developed tools to help sales teams automatically detect the right leads and to have the statistics to make pertinent decisions.
MakeTuto, based in Tel Aviv, has developed a tool that enables companies to create step-by-step interactive tutorials to help teach their customers how to use their products accurately.
Gorilla Link, based in Tel Aviv, has developed an IoT satellite access platform to enable system integrators to implement solutions for their customers’ specific IoT needs.
3Chron, based in Tel Aviv, has developed a tool to help people communicate more naturally online by using 3D videos.
Radd, based in Haifa, has developed a video-based eCommerce system to smartly connect online customers with their desired products by creating a loyalty club that allows influencers and customers to become brand ambassadors who can upload feedback onto the online store, while offering automatic rewards.