Israel Innovation Authority’s Post

Calling all innovators! The Israel Innovation Authority רשות החדשנות has announced the launch of a new fund aimed at establishing three deep tech incubators. Winners of the tender will receive grants of up to NIS 40 million over a period of up to 5 years to set up incubators focused on health, bio-convergence, climate, agri-tech, food-tech, and other sectors. The initiative is part of the "Boost for the Israeli High-Tech" program, which seeks to diversify the tech landscape and strengthen Israel's innovation competitiveness globally. The selected incubators will serve as innovative investment entities, integrating both local and international investors to offer financial backing and support for nurturing startups in various deep tech sectors. To learn more, please click the on link below: https://lnkd.in/eNt2Z24n Please note that the proposal submission deadline is September 24, 2024. For any questions, please contact bidding.incubators@innovationisrael.org.il. For more details about the process and timeline, please click on the link below: https://lnkd.in/d_W5Vtic Anat Katz Jennifer Kim Etamar Lukatsky Hilly Adler Abigail Baker Max Coën Sofie Jaffe Lee K. Israel Economic Mission to the USA - East Coast

The Israel Innovation Authority - Israel's national innovation agency and the country's largest investor in early-stage Deep Tech startups, is launching an exciting opportunity that could be of interest to you: A new Deep Tech “Incubator Fund” will support the establishment of three new Deep-tech Incubators in Israel, with a focus on health, bio, climate, agri, food and more. These incubators will serve as innovative investment entities, integrating both local and international investors to offer financial backing and a supportive framework for nurturing startups in various Deep Tech sectors. As part of a competitive tender process, we invite both Israeli and international corporations, along with venture capital funds and venture studios, to submit proposals to secure grants of up to $10 million (40 million NIS) over a 5-year period for the operation of these new technological incubators.  On top of this, incubated companies will be able to receive up to $6 million each in non-dilutive investments from the Israel Innovation Authority through our new Startup Fund which allocates over $130 million annually to Israeli tech startups from pre-seed to round A. For more information about the program and application process, click here: https://lnkd.in/d_W5Vtic  

Teh-Jin TJ Yoon NEDO Announces 2024 GX Sector Deep Tech Startup R&D and Mass Production Project Tokyo, Japan - The New Energy and Industrial Technology Development Organization (NEDO) of Japan has opened applications for the 2024 GX (Green Transformation) sector Deep Tech Startup Practical R&D and Mass Production Demonstration Project. This initiative supports the R&D and commercialization of innovative technologies that are challenging for private companies to undertake alone. Project Overview NEDO aims to support the establishment and commercialization of technologies, focusing on nurturing innovative startups in the GX sector. The project will reduce risks for private companies by providing substantial funding through collaboration with venture capital, business partnerships, and stage gate evaluations. Budget and Support Total Budget: 30 billion yen Funding and project periods for each stage: 1. STS Phase (Early Stage R&D) • Funding: Up to 300 million yen • Duration: 1.5 to 2 years • Funding Ratio: Two-thirds • Purpose: Initial R&D to review technology practicality 2. PCA Phase (Late Stage R&D) • Funding: Up to 500 million yen, maximum 1 billion yen • Duration: 1.5 to 2 years • Funding Ratio: Two-thirds • Purpose: Confirm technology practicality and prepare for market entry 3. DMP Phase (Mass Production Demonstration) • Funding: Up to 2.5 billion yen • Duration: 1.5 to 2 years • Funding Ratio: Two-thirds • Purpose: Final verification for large-scale production readiness Note: For funding over 300 million yen, collaboration with business companies is required. An MOU is needed for the third stage. Application Steps 1. Project Proposal • Content: Outline goals, R&D plan, expected benefits • Preparation: Technical descriptions, market analysis, timeline, budget plan 2. Select Participants • Content: Select necessary companies and institutions • Preparation: Collaboration agreements, profiles, key personnel 3. Budget and Funding Plan • Content: Detailed budget plan • Preparation: Budget breakdown, funding sources, investor agreements 4. Technology and Market Validation • Content: Validate technology feasibility and marketability • Preparation: Validation reports, market research, competitive analysis 5. Schedule and Milestones • Content: Establish project timelines and milestones • Preparation: Timeline, milestones, goal-setting 6. Submit Application • Content: Compile and submit all preparation materials Participating in this NEDO call offers the opportunity to commercialize and mass-produce innovative GX sector technologies, contributing to global economic and social challenges. If you are interested in this funding, please contact us anytime. #NEDO #GX2024 #DeepTech #StartupFunding #GreenTransformation #InnovativeTech #R&D #MassProduction #TechInnovation #SustainableTech #JapaneseStartups #TechFunding #CleanTech #EcoInnovation #TechGrants #StartupSupport #GreenTech #EnergyInnovation

A blurring vision to create the same level of innovation in the next 10 years as achieved in the whole last quarter-century promises to propel Cambridge and its hinterland to the peak of global technology transformation. The blueprint is being unveiled today by Innovate Cambridge, the body overseeing the UK city’s innovation impact, at the third annual Innovate Summit. The objectives are to double the rate at which the Cluster builds unicorns, double the venture capital investment the city’s startups receive, and create twice as many science and innovation companies in a dizzy decade. The Cluster is established as a global honeypot for scientific and technological research – boasting over 5,000 innovation-driven companies, 36 research parks, five hospital trusts, two universities and a thriving startup and investor community. It was recently named the world’s most intensive science and technological cluster by Global Innovation Index for the third year running. The city's tech and life sciences companies have raised over $892 million in venture capital funding this year alone, up 38 per cent compared to 2023, according to Dealroom.co. Quantum company Riverlane’s $75 million round in August significantly contributed to this growth. This means Cambridge could be on track for its best year for VC since 2021, overtaking 2023’s $1.1 billion. Kathryn Chapman, Executive Director at Innovate Cambridge, said: “The third Innovate Cambridge Summit is timely – particularly when Cambridge has recently been recognised once more for its contributions to global scientific and technology research. Innovate Cambridge was founded to empower the city’s companies, institutions and organisations that make it such a hub of innovation, whilst at the same time ensuring this growth and success is for the benefit of the wider community and the UK.” Diarmuid O'Brien O’Brien, Pro-Vice-Chancellor for Innovation at the University of Cambridge and Chief Executive of Cambridge Enterprise said: “World-leading research and innovation is taking place every day across Cambridge in areas such as AI, quantum computing and life sciences. “Researchers are developing the technologies and IP that will solve some of the world’s biggest challenges from healthcare to climate change. If we are to create the same level of innovation output that we’ve produced over the last 25 years in the next 10, we have to shift our innovation into a different gear.” Michael Anstey, Partner at Cambridge Innovation Capital, added: “Within the UK, the Cambridge ecosystem is home to some of the nation’s fastest-growing companies that are tackling global challenges like climate change, food security, and healthcare. By implementing the strategy that Innovate Cambridge has set out, Cambridge has the potential to be a central pillar in the UK’s growth agenda.” https://lnkd.in/eMTjEtp6

Accelerating the growth of deep tech start-ups is essential in Singapore's move to becoming an actual smart city. The Singapore Government is committing an additional SGD 440 million to innovation in a bid to to accelerate the growth of deep tech companies. The funding will enhance support for cutting-edge research and development, fostering a vibrant ecosystem that propels technological advancements and strengthens the nation's position in the global market. At the same time, the launch of the AI Open Innovation Challenge, the inaugural Nordic Open Innovation Challenge and the sixth edition of the Sustainability Open Innovation Challenge to drive innovation in core growth areas to help Singapore meet its 2030 goals of fostering self-sufficiency. That's smart, right? https://lnkd.in/eF8f85Ki #innovation #growth #innovationchallenges #startups #startupsingapore

The European Innovation Council (EIC) is taking a huge step forward for European startups and deeptech innovation! In 2025, the EIC is set to invest a staggering €1.4B to fuel Europe’s most promising startups, with a special focus on digital, clean tech, and biotech sectors. This is a game-changing initiative that is poised to drive breakthrough innovations and bolster Europe’s competitive edge globally. Key highlights: 💡 STEP Scale-up Scheme: €300M in 2025 (with a target of €900M by 2027) to support strategic technologies and reduce EU dependencies. Companies can access €10M to €30M in investments with private co-funding opportunities. 💡 EIC Pathfinder: €262M for early-stage tech research with grants of up to €4M for breakthrough projects. 💡 EIC Accelerator: €634M to support scaling high-potential startups with €500,000 to €10M in funding. This initiative represents a massive opportunity for deeptech innovators and startup founders across Europe, unlocking critical funding and access to business acceleration services, as well as connecting them with investors and industry leaders. At Kavedon Kapital, we’re excited about the potential for EU-backed startups to thrive and scale with these new resources. The EIC’s strategic focus on emerging technologies aligns perfectly with our mission to support cutting-edge innovations and high-growth companies. This is the moment for European startups to take their breakthroughs to the next level. Read more about how the EIC is shaping the future of innovation in Europe: How the EIC is Investing €1.4B in 2025. https://buff.ly/49QplF2 #Revveon #kavedonkapital #kavedon #tech #funding #venturecapital #venture #vc #startup #startups #founders #investing #investor #EIC #EUInnovation #Deeptech #StartupFunding #TechInnovation #VentureCapital #HorizonEurope #KavedonKapital #InvestInTech #ScalingInnovation

The European Innovation Council (EIC) is taking a huge step forward for European startups and deeptech innovation! In 2025, the EIC is set to invest a staggering €1.4B to fuel Europe’s most promising startups, with a special focus on digital, clean tech, and biotech sectors. This is a game-changing initiative that is poised to drive breakthrough innovations and bolster Europe’s competitive edge globally. Key highlights: 💡 STEP Scale-up Scheme: €300M in 2025 (with a target of €900M by 2027) to support strategic technologies and reduce EU dependencies. Companies can access €10M to €30M in investments with private co-funding opportunities. 💡 EIC Pathfinder: €262M for early-stage tech research with grants of up to €4M for breakthrough projects. 💡 EIC Accelerator: €634M to support scaling high-potential startups with €500,000 to €10M in funding. This initiative represents a massive opportunity for deeptech innovators and startup founders across Europe, unlocking critical funding and access to business acceleration services, as well as connecting them with investors and industry leaders. At Kavedon Kapital, we’re excited about the potential for EU-backed startups to thrive and scale with these new resources. The EIC’s strategic focus on emerging technologies aligns perfectly with our mission to support cutting-edge innovations and high-growth companies. This is the moment for European startups to take their breakthroughs to the next level. Read more about how the EIC is shaping the future of innovation in Europe: How the EIC is Investing €1.4B in 2025. https://buff.ly/49QplF2 #Revveon #kavedonkapital #kavedon #tech #funding #venturecapital #venture #vc #startup #startups #founders #investing #investor #EIC #EUInnovation #Deeptech #StartupFunding #TechInnovation #VentureCapital #HorizonEurope #KavedonKapital #InvestInTech #ScalingInnovation

Startups are back in the spotlight! Major venture capitalists are zeroing in on startups specializing in AI, transformative digital healthcare, and the burgeoning field of pink technology. This surge of interest is no surprise. AI is revolutionizing industries, healthcare is undergoing a digital transformation, and pink technology is opening new markets. These sectors are ripe with potential, offering innovative solutions to pressing problems. Investing in these startups isn't just about financial returns—it's about driving progress and fostering innovation. Let's keep an eye on these game changers. The future looks promising! Read more about this exciting trend: https://lnkd.in/gP83a-qb Check this out: https://lnkd.in/gP83a-qb

The Israel Innovation Authority (IIA), the branch of the government dedicated to promoting the country’s high-tech sector, has launched a new fund to create three new incubators for Deep Tech (innovation in science or engineering) startups. The initiative, part of a scheme launched to support the industry during the war in Gaza, aims to strengthen Israel’s position as a global leader in Deep Tech. The fund offers a grant of up to 40 million shekels over a five-year period for the three new incubators, which will focus on health, climate, bioconvergence, agritech and foodtech. “The new technological incubator program we’re launching today is part of a series of recent initiatives aimed at propelling Israel’s innovation ecosystem forward. Specifically, it complements the efforts of the Start-up Fund and the newly established Venture Fund,” said IIA chief Dror Bin, referring to the new program set up last month to support startups developing dual use technologies. #deeptech #israelinnovation #israelitech #incubators #startupnation #investingfund #technologicalincubator #startupsupport #startups https://lnkd.in/dPNTGq23

🗺️ Venture Clienting at Siemens visualized 💡 This map illustrates where Siemens sources its startup technology. The data points shown are gathered from publicly available case studies, reference customers, and Open Innovation events where Siemens’ innovation teams showcase their most impactful partnerships. So the actual number of partnerships is likely to be higher. It’s also important to note that we haven’t included any Proofs of Concept (PoCs) enabled directly through our work with Siemens. The decision to publish PoCs is up to Siemens and the startups involved. A key takeaway from this map is the comparison between Siemens’ annual R&D budget and the total venture capital raised by their partnered startups. While the €21B in VC funding spans multiple years, Siemens’ R&D budget of €6.2B is for 2023 alone. Nonetheless, the contrast reveals Siemens’ ability to leverage substantial external capital without having to raise it themselves. Siemens also stands out for partnering with more advanced startups (measured by VC raised per partner) and for fostering highly international collaborations. For example, we identified 96 partnerships with U.S. startups, collectively raising €10.8B. A big shoutout to the fantastic work of Danijel Grabovac, Dr. Annika Hauptvogel, Dr. Julian Boha, Andreas Schertl, Quang Mai Thy Le, Johan Tuulse, Alexandra von Frankenberg and many others who contributed to this success! (Some partnerships might even surprise you as they were likely established through traditional procurement channels.) For fellow #VentureClienting professionals: I use visuals like this to convey the advantages of systematically partnering with startups to executive boards. Working with startups is not new, all companies do it! But Venture Clienting offers a way to professionalize and systematise collaboration taking it to the next level really, which is why the term exists. For more insights and similar maps, visit: https://lnkd.in/dg9tFxnt