Quantum Hub
Deal Flow Report
January 2022
Dear Partners,
We are happy to share the January 2022 deal flow report
You will find 5 sections to the report - Quantum at CES, Ecosystem News, Quantum Hub PoC use-case, Spotlights and Full Dealflow report.
As always, we would appreciate any feedback and questions on the focus areas and reviewed companies.
Quantum at CES is a short summary of Quantum visit this month at the CES exhibition - the most influential tech event in the world for manufacturers, developers and suppliers of consumer technology hardware, content, technology delivery systems and more.
Ecosystem News gives a glimpse of interesting events/ announcements/ investments information related to the Israeli tech ecosystem.
Quantum Hub PoC use-case share one example of many PoC's we execute with our partners.
Our Spotlight section highlights, and provides more information on companies we found most interesting in the past month.
We believe each of these companies has a specific spike - distinctive team, unique technology, impressive case studies, and clients or a combination - which make them stand out from the crowd.
Finally, we provide the full Deal flow of the month, including relevant companies from our focal sectors.
Quantum @ CES 2022: Intro
Quantum had the privilege to visit CES 2022 in Jan.
CES 2022 hosted more than 2300 companies, including over 800 startups from 19 countries. More than 45,000 individuals attended in person, including 1800 global media, across 11 indoor and outdoor venues.
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30% of this year’s attendees came from outside the United States, representing some 119 countries.
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Many thousands more joined CES virtually through its digital venue.
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According to the organizers, CES 2022 set a record with over 200 vehicle technology companies in attendance (a 30% increase from CES 2020).
70 Tesla vehicles were deployed in Vegas Loop's tunnel
The Vegas Loop is just 1.7 miles long, taking approximately two minutes to transit from West to South halls, and at capacity that can run 70 Tesla vehicles at once.
That was much quicker and more comfortable than walking - and conveniently positioned to get quick access to the halls
Ecosystem News
Bosch to manufacture IRP systems powertrain components for E-Vehicles
IRP System Company from Nes-Ziona, Israel, develops engine controllers for electric motorcycles and small vehicles, announced it has signed a strategic agreement with Bosch Company for serial manufacturing of IRP’s personal mobility electric motor controllers. The new cooperation will focus on manufacturing controllers for Electric personal mobility vehicles (scooters, motorcycles, 3-wheelers and quadricycles), IRP’s largest market segment as of today.
Hitachi Astemo to integrate TriEye’s SWIR sensor in its ADAS
Hitachi Astemo, Tier-1 automotive supplier formed from a merger between Hitachi and Honda affiliates, will integrate TriEye’s Short-Wave Infrared (SWIR) sensor in its advanced driver assistance systems (ADAS).
TriEye was founded in 2017 by Avi Bakal (CEO), Prof. Uriel Levy (CTO), and Omer Kapach (VP R&D), and is headquartered in Tel Aviv, Israel. Its technology enables cost-effective, high-resolution image data and depth perception in all weather and lighting conditions. Short-Wave Infrared (SWIR) cameras are known to can allow for object and hazard detection even under the most challenging visibility conditions.
Ecosystem News
50 Israeli companies and startups that are already active in building Metaverse technology
Israeli tech is intent on playing a major role in the Metaverse madness, with research by seed and pre-seed venture capital firm Remagine Ventures showing that the local landscape already includes almost 50 companies that are active in this blossoming sector.
Metaverse went from relative anonymity to a household term following Facebook’s rebranding to Meta in October 2021, a move designed to capture the trillion dollar valued social network’s intention to become a metaverse-focused company within five years. Several other tech giants quickly also shared their aspirations to build the Metaverse including Microsoft, Nvidia, ByteDance, Samsung, Google and others. Israeli startups are also building the future of the technology and we’re excited to share the first startup landscape of Israeli startups in the Metaverse space
Spotlight of the month
Construction Data Analytics Platform
Utilizing big data analytics, machine learning, computer vision, drone, and camera technologies, Datumate offers a project execution management solution. DatuBIM, a collaborative, non-intrusive, end-to-end platform, delivers automated engineering data analytics within hours and allows comparisons against design plans and execution progress.
Distinctiveness
> 100 paid customers such as DB, Dorsch gruppe and more
Company ID
Founded: 2012
Team: 25
Funding: C
Industries: Constructions
Product: Released
Company’s product
Voice Recognition Technology for Non-standard Speech
Voiceitt developed automatic speech recognition (ASR) technology for non-standard speech. Using data from the user speech, cadence, breath, and pauses, Voiceitt’s machine learning creates a dataset unique to the speech patterns. The company's speech and language experts annotate speech samples to calibrate and refine the algorithm to predict the broadest range of speech. Voiceitt’s tailored model learns the users speech patterns to understand what they are saying to access mainstream voice-activated devices, such as Google Home and Amazon Echo, and to communicate and be understood verbally.
Distinctiveness
> Leading investors such as Amazon and Microsoft
Company ID
Founded: 2012
Team: 35
Funding: A
Industries: Health tech
Product: Released
Company’s Use cases and examples
Industrial Pollutant Removal Solutions
Clairion is a cleantech startup specializing in solutions for removing pollutants from industrial flue gas streams using patented technology.
The company’s solutions include C-HgR for removing mercury (Hg), and C-MPR, a multiple-pollutant removal solution for removing NOx, SOx, Hg, and other pollutants and transforming them into useful products. Both solutions utilize novel liquid-based absorption and separation processes. Clairion’s absorbing liquid is implemented in a wet scrubber in which the liquid comes in contact with the flue gas. As a result, pollutants are simultaneously separated from the gas and absorbed by the liquid.
Distinctiveness
> Collaborations with IEC
Company ID
Founded: 2015
Team: 8
Funding: Seed
Industries: Industry 4.0, Sustainability
Product: Beta
The solution
Real-time Safety Solution for Industrial Facilities
ArmourSense is a safety solution for industrial sites. The company identifies safety hazards and acts in real-time to prevent them from becoming accidents. Using video analysis, ArmourSense predicts dangerous interactions between humans and machines in factories and logistics centers.
The company's solution continuously inspects facilities and prevents accidents and safety hazards, such as workers being struck by vehicles, getting caught in machines, and failing to wear protective equipment.
Distinctiveness
> Performed two PoCs with Netafim and Tambour
Company ID
Founded: 2021
Team: 2
Funding: Seed
Industries: Industry 4.0
Product: Beta
Preventing forklifts accidents
Industrial IoT-powered Automation for Management of Solar PV Energy Facilities
Soltell Systems is the developer of an industrial IoT-powered automation technology designed to optimize the operation and management of commercial and residential solar photovoltaic (PV) clusters.
By utilizing advanced data-driven process automation, proprietary sensorless weather measurement technology (SWMT), and predictive maintenance capabilities, Soltell is facilitating the transition to resilient distributed solar energy generation in urban environments with maximum energy yields.
Soltell provides its SSMP operational platform as a white-label monitoring portal to solar integrators, as an O&M supervision tool to regional authorities, and to commercial rooftop PV fleet managers.
Distinctiveness
> PoC with Italian Energy Corporation
Company ID
Founded: 2019
Team: 8
Funding: Pre-seed
Industries: Industry 4.0, Energy
Product: Released
Smart Solar Management App
Predictive Analytics for the Process Industry
Precognize's cloud-based big data software solution predicts shutdowns, leakages, and inefficient operation of complex industrial systems via deep analysis of existing data received from thousands of sensors installed around utilities or manufacturing plants.
The technology can translate the raw information into specific warnings in time to prevent problems and prepare a response.
The company is focused on the petrochemical, chemical, electricity generation, metallurgy, and oil and gas industries.
Distinctiveness
> Leading customers such as GE Power and Water, BASF SE and Bazan
Company ID
Founded: 2011
Team: 20
Funding: A
Industries: Industry 4.0
Product: Released
Company’s intro video
Quantum Hub PoC Use-Case
The Situation
•Air pollution is the largest environmental cause of morbidity and mortality
(cancer, cardiovascular diseases, asthma, infertility, diabetes, and more).
•7 million death cases every year (12 % of all deaths worldwide), and more than 103,000,000 disability adjusted life years, annually
•The indoor exposure to air pollution is up to 14 times more significant than the outdoor exposure (in promoting premature death)
What we did
Implementation of the Urecsys system in Tadiran's office building, for monitoring air pollution inside and around the building.
The system studied the building and made a comparison between the indoor and outdoor pollution, the algorithm began to give instructions for opening / closing the air intake from the outside - depending on the gaps between the air quality condition inside and outside the building
Results
•Urban air pollution levels in Tadiran's building were reduced by - 59%.
•Electricity expenses reduced by 7% per month.
Urecsys
Urecsys has developed a solution designed to optimize air quality within residential and commercial building by blocking gaseous pollutants and ultra-fine particles, preventing pollution from the urban environment from entering buildings.
