Quantum Hub
Deal Flow Report
March 2023
Dear Partners,
We are happy to share the March 2023 deal flow report
You will find 4 sections in the report - Ecosystem News, Quantum Hub News, PoC use-case, 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/investment information related to the Israeli tech ecosystem.
Quantum Hub News shares interesting news related to Quantum activities.
PoC Use-Case presents one example of many PoCs we execute with our partners.
This month, the full deal flow is the list of companies that are nominated to our Spark #6 program.
Ecosystem News
Airwayz announces partnership with Royal NLR to accelerate drone U-Space adoption across Europe
The partnership will see Airwayz and NLR combine efforts to perform trials together, research best practice, accelerate R&D, and – where appropriate – respond to industry RFPs (Requests for Proposals) together. Combining NLR’s expertise in Air Traffic Management (ATM) with Airwayz’ dynamic Unmanned Traffic Management (UTM) system provides an excellent framework for U-Spaces, supporting their accelerated roll-out across Europe and providing the potential to delve deeper into Urban Air Mobility (UAM) schemes.
NLR is an independent innovative research centre for the aerospace industry, working to solve global airspace issues and plays a pivotal role between science, industry, government, and society. Airwayz’ dynamic UTM/USSP software monitors and coordinates multiple fleets of drones in real time, using proprietary artificial intelligence to ensure safe and efficient commercial drone activities. Airwayz’ partnership with NLR signifies new levels of commercial opportunity for drone ecosystems.
H2Pro to sell hydrogen to Japanese giant Sumitomo in deal estimated at $250 million
H2Pro develops innovative technology for green hydrogen production (hydrogen production that does not involve CO2 emissions). The technology called E-TAC upgrades the normal electrolysis process and enables the separation of water into hydrogen and oxygen in an innovative process where the hydrogen and oxygen are produced separately in different stages. As a result, the process developed by H2Pro enables the production of hydrogen without the emission of greenhouse gasses at a substantially lower price than the production cost of clean hydrogen using existing technologies.
The agreement with the Japanese giant is to provide it with facilities for the production of hydrogen with a capacity of up to 500 megawatts by the end of the decade. The company is set to start to supply the facilities in 2025, when H2Pro is expected to finish the development.
Quantum Hub News
Quantum @ Connected 2 Innovate conference
Few weeks ago, Quantum team had the honor to be invited to join over 300 Israeli and Bahraini business leaders met to forge connections, and explore potential collaborative solutions for the first time.
The Connect2Innovate conference, held in Manama, Bahrain’s capital, was organized by Start-Up Nation Central (SNC), an Israeli non-profit organization that connects governments, companies, and investors to the local innovation ecosystem.
The conference, ran three days, and included professional workshops, lectures, panel discussions, presentation sessions, and discussions on many topics including the future of startups, and technologies that address sectors like banking, water security and smart energy.
VDL Energy visit at Quantum
This month we had the pleasure of hosting a our partners from the Netherlands, VDL Energy Systems management team.
VDL Energy Systems develops clean energy storage systems based on state of the art lithium-ion battery technology and software, in a range from 60 kWh to >1000 kWh.
Their applications are plug/play, scalable, smart and versatile under the name of Electrical Power Units
This visit was a significant opportunity to meet face-to-face with Israeli startups and explore existing and new opportunities in the Israeli ecosystem.
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Quantum Hub PoC Use-Case
The Situation
Today Taavura Heseim operate 6000 rides a week in Jerusalem using taxis alone.
This operation include scheduling maintaining and ordering the orders manually.
in order to increased operational efficiency, maximize utilization, and maintain excellent service levels. The project will begin with implementation of the platform in the Jerusalem area. The principle uses of the platform include:
What we did
Starting with simulation at first stage and after to live demo, the principle uses of the platform include :
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Optimization of the planning and dispatching of rides, including setting routes that maximize the efficiency of the operation
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Planning and live updates to the drivers in the operation, both internal and external
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Automation of live updates and operational changes based on real time conditions
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Centralized reporting and tracking for all live operations
Results
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Savings in drivers/vehicles - increase in the number of rides completed per hour of work. Expected - up to 15% increase. Validated at simulation stage and in live operation.
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Customer experience - arrival times, arrival times vs. requested time. Expected - up to 10% decrease.
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Improved efficiency and automation of dispatchers and route planners. Expected - up to 20% decrease in required resources.
AutoFleet
AutoFleet enables fleet managers to become vehicle-as-a-service providers. Using the AutoFleet platform, fleet managers can maximize revenues and margins and increase fleet utilization by aggregating demand, controlling supply, and optimizing rides. AutoFleet’s platform leverages advanced machine-learning models for real-time demand prediction, automated generation and management of maintenance/servicing tasks, optimized dispatching and routing, and dynamic pricing to help existing fleets become more efficient.
Quantum SPARK #6 program is coming
We are happy to launch the screening phase of Quantum SPARK 6# batch PoC Runway program!
SPARK is our flagship 13-week PoC runway program, focused on Automotive, Industry 4.0, Energy, and Logistics solutions for our partners - Taavura Livnat Group, VDL Groep, Talcar (Kia Israel), Hyundai, and Bazan.
During the program, we will focus on providing potential for high-quality business collaborations between our partners and startups.
The selected startups that reach the highest rating, will be invited to our screening process.
In this report, we are happy to share the full list of 39 startups that our team screened initially, out of hundreds of companies in the Israeli ecosystem >>>
