Quantum Hub
Deal Flow Report
December 2022
Dear Partners,
We are happy to share the December 2022 deal flow report
You will find 5 sections in the report - Ecosystem News, Quantum News, Quantum 2022 Recap,
Spotlights and Full Dealflow report.
As always, we would appreciate any feedback and questions on the focus areas and reviewed companies.
Ecosystem News gives a glimpse of interesting events/ announcements/ investments information related to the Israeli tech ecosystem.
Quantum Hub News shares interesting news related to Quantum activities.
Quantum Hub 2022 Recap presents a short summary of our highlight events this year.
Our Spotlight section highlights and provides more information on companies we found most interesting in the past month.
Finally, we provide the full deal flow of the month, including relevant companies from our focal sectors.
Ecosystem News
2022 Israel reports
Israeli high-tech industry’s business variables returned to their long-term averages.
The year should be seen as two distinct periods representing roughly the two halves of the year.
The first half-year was a continuation of the record-breaking 2021, with extremely high levels of capital funding, soaring market capitalization (market cap), and high demand for workers .
The second half-year was already characterized by the decline in the financial markets and fear of a deep global recession.
During this half, we witnessed a decline in the number of deals and their overall value, a low number of exits, a sharp decline in the value of publicly traded tech companies, and an almost complete halt in the “employees’ market” phenomenon.
On the surface, there is a clear connection between these developments, as the global slowdown had a direct impact on both companies’ market value and on their readiness to invest in Israeli high-tech.
Considering the downturn in the financial markets in 2022, it is not surprising we saw a decline in total investments in most types of investment rounds. Notably, however, seed investments increased in 2022.
The Graphs below show the absolute amounts of investment, with a breakdown according to investment years, and the annual percentage change, broken down by investment rounds.
Quantum Hub News
Quantum @ CES 2023
At the end of year we had the privilege to visit CES 2023 conference. CES 2023 hosted more than 4,500 exhibiting companies, showcase nearly 20,000 new transformative tech products in the fields of vehicle technology, artificial intelligence, digital health, smart home and sustainability tech, as well as new categories: NFTs, food tech, space and sea tech to more than 117,000 attendees.
The conference also included 175+ sessions with executives from all over the world talking about the future of their domains.
The Israeli Ecosystem @ CES
More then 52 Israeli startups showcased their technology in a private booth\pavilion or in the Israeli Pavilion.
The highlight fields were:
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Automotive
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Lifestyle
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Cyber
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3D printing and more.
In addition, some of those startups have made some impressive announcement during the conference :
Imagry - Unlock 110GB annotated data for autonomous mobility and set to launch its first autonomous bus platform
C2A - Partners with Valeo to Enhance Cybersecurity for the Software Defined Vehicle
Vayyar - VinFast partners with Vayyar to enhance safety and driving experience with in-cabin radar technology
Opsys - Selected by HASCO, a world Tier 1 automotive supplier, to be HASCO's LiDAR sensor supplier for its automotive ADAS systems
.
Innoviz - Unveil Breakthrough Innoviz360 LiDAR at CES® 2023
Foretellix-is partnering with Daimler Truck AG Torc
Guardknox- GuardKnox Partners with Lattice to Offer Advanced Connectivity Solutions for Automotive Industry
Read The Quantum @ CES Full Report
Spotlight of the month
Autonomous Machine-vision Systems for Industrial QA
Inspekto provides autonomous machine-vision systems designed to replace existing expert-centric solutions, delivering out-of-the-box QA systems directly into the hands of industrial plant QA managers. The company's S70 system, driven by Inspektos Plug & Inspect technology, is an expert-less platform for visual quality inspection on the production line.
The system is specifically designed to enhance per-line profitability and overall plant optimization. The Inspekto S70 system offers fast and independent installation, high affordability, and frictionless setup on the production line, enabling manufacturers across diverse industry verticals to apply quality inspections at any point in the production process.
Distinctiveness
> Worked with international and industrial corporations such as Siemens, Daimler, Bosch, Schneider Electric, PepsiCo, and others.
Company ID
Founded: 2016
Funding: Round B
Industries: Industry 4.0
Product: Released
Inspekto Systems
Obstacle Detection Sensors for the Construction Industry
RodRadar develops sensing solutions for the construction industry, with a focus on safety and efficiency. The companys solutions are capable of detecting obstacles in challenging environments and conditions.
RodRadar developed Live Dig Radar™ (LDR), a patented radar imaging technology combining advanced design, embedded processing, sophisticated algorithms, and cutting-edge engineering, which enables automatic
real-time, on-site alerts for the prevention of damage to underground utility infrastructure during excavation.
Distinctiveness
> Participating in John Deere's accelerator program
> Partnering with Caterpillar
Company ID
Founded: 2011
Funding: Rounds A
Industries: Infratech
Product: MVP
Live Dig Radar™ (LDR) Products - Safer Digging In Real Time
Non-polymeric Materials for Additive Manufacturing and Powder Injection Molding
Non-Polymeric3D is focused on creating new and improved non-polymeric materials for the additive manufacturing (3D printing) and powder injection molding (CIM, MIM, and µMIM) industries.
The material flowable feedstocks that easily extrude with simple printers (A) or with Powder Injection Molding (B) to produce high-quality metallic and ceramic parts.
Distinctiveness
> Participating in Bar Ilan's accelerator program
Company ID
Founded: 2022
Funding: Bootstrap
Industries: Industry 4.0
Product: R&D
Non-Polymeric3D Technology
3D Mapping Technology
Simplex Mapping Solutions combines efficient collection capabilities with a set of state-of-the-art photogrammetric tools to provide one of the most accurate and cost-effective mapping services in the field of image processing and geometry. The companys 3D models deliver the precision and cross-platform accessibility needed in a marketplace focused on optimum efficiency. Simplex Mapping Solutions has produced groundbreaking quality and accuracy in the realm of 3D maps and models, including a citywide three-centimeter-per-pixel resolution, with endless applications for civic development and innovation.
Simplex Mapping Solutions has engaged in many successful projects worldwide in areas such as South America, the Middle East, and Africa.
Distinctiveness
> Kye investor - Fortisimo
Company ID
Founded: 2013
Funding: Round A
Industries: Infratech
Product: Released
Tel Aviv 2021 3D Model By Simples Mapping
Cheep and effective cooling system
Sphere Technologies has created a cooling system that effectively combats the impacts of global warming, resulting in energy savings, decreased pollution, and smaller and more cost-effective system design.
Their advanced heat rejection system can be integrated into both industrial and domestic cooling systems, and boasts a 40% reduction in power usage and minimal use of harmful chemicals.
Distinctiveness
> Pilot with Bazan Group
> Worked with SodaStream and Soroka hospital
Company ID
Founded: 2020
Funding: Seed
Industries: Energy
Product: MVP
Sphere's Solution
Logistics ware house Optimization Solution for the pickers
Dynamacs provides high-quality task allocation for dynamic environments. Based on a proprietary algorithm, the company’s solution is designed to increase last-mile throughput using fewer resources. Dynamacs’ solution is compatible with human workers, pick-and-pack robots, autonomous drones, and hybrid work environments.
Distinctiveness
> Key customer - WIN – Winning Variety LTD
Company ID
Founded: 2021
Funding: Bootstrap
Industries: Logistic
Product: MVP
Dymanacs Thechnology
