Israel Innovation Authority

Medigus: Charging Robotics to Receive Funding from the Israel Innovation Authority for Piloting its Wireless Charging Solution for Automated Parking System

Retrieved on:

Wednesday, November 22, 2023

APS, EVS, Israel Innovation Authority, MDGS, Ministry, Robotics, EV, Mobile phone

Tel Aviv, Israel, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions, announced today that Charging Robotics Ltd., an innovator in wireless charging solutions and a subsidiary of Fuel Doctor Holdings, Inc., (“FDOC”) a Delaware corporation listed on the OTC Market (66.84% owned by Medigus), received approval for funding from the Israeli Innovation Authority for a pilot project that includes installing and demonstrating its solution for wireless charging of electric vehicles (EVs) in automated parking systems. The system will be installed and tested in an automated parking system that was installed by Parkomot and meets a growing need for charging EVs in automated parking systems, where drivers aren’t able to connect a charging plug to the EV socket. The total approved budget for this project is approximately NIS 1.2 million ($445,000), of which the Israel Innovation Authority will finance 50%.

Key Points:

The system will be installed and tested in an automated parking system that was installed by Parkomot and meets a growing need for charging EVs in automated parking systems, where drivers aren’t able to connect a charging plug to the EV socket.
The total approved budget for this project is approximately NIS 1.2 million ($445,000), of which the Israel Innovation Authority will finance 50%.
The approval for the funding, provided by the Israel Innovation Authority, was received after a rigorous due diligence process regarding the technology, the market, the competitive landscape and Charging Robotics’ team.
The Israel Innovation Authority provides support for Israeli companies with cutting edge technologies which answer needs in large markets.

Charging Robotics to Receive Funding from the Israel Innovation Authority for Piloting its Wireless Charging Solution for Automated Parking System

Retrieved on:

Wednesday, November 22, 2023

EVS, APS, Israel Innovation Authority, FDOC, Ministry, OTC, Robotics, EV, Mobile phone

Tel Aviv, Israel, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Fuel Doctor Inc. (OTC: FDOC), a Delaware corporation, announced today that its wholly owned subsidiary, Charging Robotics Ltd., an innovator in wireless charging solutions, received approval for funding from the Israel Innovation Authority for a pilot project that includes installing and demonstrating its solution for wireless charging of electric vehicles (EVs) in automated parking systems. The system will be installed and tested in an automated parking system that was installed by Parkomot and comes to answer a growing need for charging EVs in automated parking systems, where drivers aren’t able to connect a charging plug to the EV socket.

Key Points:

The system will be installed and tested in an automated parking system that was installed by Parkomot and comes to answer a growing need for charging EVs in automated parking systems, where drivers aren’t able to connect a charging plug to the EV socket.
The approval for the funding, provided by the Israel Innovation Authority, was received after a rigorous due diligence process regarding the technology, the market, the competitive landscape and the company team.
The Israel Innovation Authority provides support for Israeli companies with cutting edge technologies which answer needs in large markets.
"We are honored and thankful to receive this support from The Israel Innovation Authority.

Charging Robotics Receives Funding from the Israel Innovation Authority for Piloting its Wireless Charging Solution for Automated Parking System

Retrieved on:

Monday, November 20, 2023

EVS, APS, Israel Innovation Authority, FDOC, Ministry, OTC, Robotics, EV, Mobile phone

Tel Aviv, Israel, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Fuel Doctor Inc. (OTC: FDOC), a Delaware corporation, announced today that its wholly owned subsidiary, Charging Robotics Ltd., an innovator in wireless charging solutions, received funding from the Israeli Innovation Authority for a pilot project that includes installing and demonstrating its solution for wireless charging of electric vehicles (EVs) in automated parking systems. The system will be installed and tested in an automated parking system that was installed by Parkomot and comes to answer a growing need for charging EVs in automated parking systems, where drivers aren’t able to connect a charging plug to the EV socket.

Key Points:

The system will be installed and tested in an automated parking system that was installed by Parkomot and comes to answer a growing need for charging EVs in automated parking systems, where drivers aren’t able to connect a charging plug to the EV socket.
The funding provided by the Israel Innovation Authority has been received after a rigorous due diligence process regarding the technology, the market, the competitive landscape and the company team.
The Israeli Innovation Authority provides support for Israeli companies with cutting edge technologies which answer needs in large markets.
"We are honored and thankful to receive this support from The Israel Innovation Authority.

Israel's Finance Ministry Increases Israel Innovation Authority's High-Tech Sector Fast-Track Fund to $100 Million During Wartime

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Thursday, November 16, 2023

Ministry, Research, CSE, Policy, Israel Innovation Authority, BCAN, GDP, Application, CRM, IIA, Non-economic damages caps, Ministry of Finance (Israel), Software, BYND, Growth, Finance minister, AI, Government, Renewable energy

Israel's Finance Ministry recently clarified its decision to increase the wartime high-tech sector fund to provide short- and long-term measures designed to assist startup companies in Israel’s high-tech sector.

Key Points:

Israel's Finance Ministry recently clarified its decision to increase the wartime high-tech sector fund to provide short- and long-term measures designed to assist startup companies in Israel’s high-tech sector.
The Company was found suitable for submitting the application according to the criteria required in the grant program as detailed on the Israel Innovation Authority website.
Ministry officials recently met with prominent high-tech sector members, the Israel Innovation Authority (IIA), and other government representatives to discuss strategies for supporting companies during the ongoing conflict and formulate long-term industry plans for post-war recovery.
In 2022, it contributed over 18 percent of the national GDP, amounting to $78 billion (290 billion shekels), as the Israel Innovation Authority reported.

Miami-Dade Innovation Authority Launches Second Public Innovation Challenge in Collaboration with Miami International Airport

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Thursday, December 7, 2023

Miami-Dade Innovation Authority, Inc. (“MDIA”), a nonprofit that works to strengthen the relationship between local government and technology companies as a way to improve the quality of life for Miami-Dade County residents, today launched its second Public Innovation Challenge.

Key Points:

Miami-Dade Innovation Authority, Inc. (“MDIA”), a nonprofit that works to strengthen the relationship between local government and technology companies as a way to improve the quality of life for Miami-Dade County residents, today launched its second Public Innovation Challenge.
“MDIA’s second public innovation challenge is not just about transforming travel; it's about elevating MIA, one of the 10 most transited airports in the country and the largest gateway to our community,” said Leigh-Ann A. Buchanan, President & CEO of MDIA.
“By prioritizing the airport experience, we pave the way for improved connectivity and equitable accessibility, fostering a more vibrant and interconnected community.
“The MIA team is thrilled to partner with MDIA on the Public Innovation Challenge.

Scinai Immunotherapeutics Announces Award of Non-Dilutive Grant from Israel Innovation Authority Supporting its New CDMO Business Unit

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Monday, November 6, 2023

Laboratory, IBN, CGMP, CDMO, Research, Inflammation, Drug development, Ecosystem, QC, GMP, Investment, IIA, Israel Innovation Authority, Patient, Shenzhen Kangtai Biological Products, Pharmaceutical industry, Medical device, Fine chemical

JERUSALEM, Nov. 06, 2023 (GLOBE NEWSWIRE) -- via IBN -- Scinai Immunotherapeutics Ltd. (Nasdaq: SCNI) today announced that the Israel Innovation Authority (IIA) has approved a non-dilutive grant covering 66% of the costs of an ILS 3,536,939 (approximately US$900,000) project aimed at ramping up Scinai’s new CDMO business unit.

Key Points:

JERUSALEM, Nov. 06, 2023 (GLOBE NEWSWIRE) -- via IBN -- Scinai Immunotherapeutics Ltd. (Nasdaq: SCNI) today announced that the Israel Innovation Authority (IIA) has approved a non-dilutive grant covering 66% of the costs of an ILS 3,536,939 (approximately US$900,000) project aimed at ramping up Scinai’s new CDMO business unit.
The grant is neither subject to repayment nor tied to royalty payments of any kind.
The IIA grant covers approved expenses required for further developing Scinai’s CDMO service for the next 12 months.
The funds will be directed towards purchasing additional equipment and other investments to position Scinai as an end-to-end provider of CDMO services at high international standards.

Maris-Tech Receives Grant Approval in the Amount of Approximately $156,000 from the Israel Innovation Authority for the Second Year of a Joint Development Project with the Ben Gurion University

Retrieved on:

Friday, November 3, 2023

Ben-Gurion University of the Negev, Artificiality, BGU, Artificial intelligence, Partnership, Machine learning, AI, IIA, Israel Innovation Authority, Medical device

Rehovot, Israel, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a B2B provider of Artificial intelligence (“AI”) accelerated video solutions for edge platforms, today announced that it has a grant approval of approximately $156,000 from the Israel Innovation Authority (“IAA”) to support the second year of a joint development project with the Ben Gurion University of the Negev (“BGU”).

Key Points:

The grant represents 66% of the total budget for the second year operation (or approximately $236,000) of the ongoing joint project to develop an advanced system based on AI and machine learning (“ML”) for diagnosing and predicting drone faults and malfunctions.
The total budget for the two-year project is approximately $695,000.
The aim of the project is to adapt and integrate an identification and prediction model developed at BGU in existing Maris-Tech systems.
The grant was approved based on the successful completion and meeting of the objectives of the first-year work plan and the continued successful collaboration between Maris-Tech and BGU.

Leading Venture Capitalists Collaborate to Launch Iron Nation Emergency Impact Fund for Israeli Startups Affected by War

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Thursday, November 2, 2023

Elah, Hamas, Viola Ventures, Innovation, Iron Nation, TEL, Organization, Dream, Ecosystem, IGP, VC, Woman, Terror, Israel Innovation Authority, Viola, World Trade, Pharmaceutical industry, Cryptocurrency

TEL AVIV, Israel, Nov. 2, 2023 /PRNewswire/ -- Iron Nation, a volunteer emergency impact fund ensuring the continuity of early-stage Israeli start-ups, today announced its launch. The fund collects no management fee or carried interest and is aiming to raise 20M USD to support post-seed VC-backed startups impacted by the recent attack by Hamas and the ensuing war. This initiative is backed by a team of exceptional volunteers from the venture community including Chemi Peres of Pitango Ventures, Charlie Federman of SilverTech Ventures, Danny Cohen of Viola Ventures, Moshe Lichtman of IGP Capital, Aaron Applbaum of MizMaa, and Calanit Valfer of the Elah Fund who joined the investment committee pro-bono.

Key Points:

The tech-focused fund, backed by investors from Pitango,Viola, IGP, SilverTech and more, is raising funds to ensure the continuity of promising Israeli startups
TEL AVIV, Israel, Nov. 2, 2023 /PRNewswire/ -- Iron Nation , a volunteer emergency impact fund ensuring the continuity of early-stage Israeli start-ups, today announced its launch.
The recent Israel-Hamas war and the subsequent callup of 15-20% of the tech workforce to reserves caused early-stage start-ups in Israel to face unprecedented challenges.
Iron Nation's mission is to ensure that highly promising Israeli tech startups with established venture backing, a critical part of the tech ecosystem, can continue to grow during and after this crisis.
Renowned New York-based venture capitalist Charlie Federman of Silvertech Ventures was among the first to join the Iron Nation investment committee.

Leading Venture Capitalists Collaborate to Launch Iron Nation Emergency Impact Fund for Israeli Startups Affected by War

Retrieved on:

Thursday, November 2, 2023

TEL AVIV, Israel, Nov. 2, 2023 /PRNewswire/ -- Iron Nation, a volunteer emergency impact fund ensuring the continuity of early-stage Israeli start-ups, today announced its launch. The fund collects no management fee or carried interest and is aiming to raise 20M USD to support post-seed VC-backed startups impacted by the recent attack by Hamas and the ensuing war. This initiative is backed by a team of exceptional volunteers from the venture community including Chemi Peres of Pitango Ventures, Charlie Federman of SilverTech Ventures, Danny Cohen of Viola Ventures, Moshe Lichtman of IGP Capital, Aaron Applbaum of MizMaa, and Calanit Valfer of the Elah Fund who joined the investment committee pro-bono.

Key Points:

The tech-focused fund, backed by investors from Pitango,Viola, IGP, SilverTech and more, is raising funds to ensure the continuity of promising Israeli startups
TEL AVIV, Israel, Nov. 2, 2023 /PRNewswire/ -- Iron Nation , a volunteer emergency impact fund ensuring the continuity of early-stage Israeli start-ups, today announced its launch.
The recent Israel-Hamas war and the subsequent callup of 15-20% of the tech workforce to reserves caused early-stage start-ups in Israel to face unprecedented challenges.
Iron Nation's mission is to ensure that highly promising Israeli tech startups with established venture backing, a critical part of the tech ecosystem, can continue to grow during and after this crisis.
Renowned New York-based venture capitalist Charlie Federman of Silvertech Ventures was among the first to join the Iron Nation investment committee.

Colors Farm, Evogene and Ben-Gurion University Collaborate to Establish Crustacean Gene Editing Technology

Retrieved on:

Tuesday, October 31, 2023

HAZEVA and REHOVOT, Israel, Oct. 31, 2023 /PRNewswire/ -- Colors Farm Ltd, a cutting-edge company in sustainable aquaculture and biotech and Evogene Ltd. ("Evogene") (NASDAQ: EVGN) (TASE: EVGN), a leading computational biology company aiming to revolutionize life-science product discovery and development, today announced a collaboration with Ben-Gurion University (BGU), a renowned Israeli academic research institution, to develop gene editing technology for crustaceans. This synergistic collaboration will focus on crustaceans — specifically targeting giant freshwater prawn (Macrobrachium rosenbergii), white leg shrimp (Litopenaeus vannamei) and red swamp crayfish (Procambarus clarkii), to enhance key traits such as growth rate, disease resistance, and environmental adaptation. The initiative has received a competitive grant from the Israel Innovation Authority (IIA), cementing its role as a pioneering endeavor in the realm of precision agriculture.

Key Points:

Gene editing is a powerful tool that can enhance the economics and sustainability of crustacean production.
Ran Epstein, CEO of Colors Farm, emphasized the potential impact of gene editing on crustacean production: "This collaboration represents a major step forward for aquaculture.
Gene editing has the power to revolutionize crustacean production, and we are excited to work with Evogene and BGU to turn this potential into reality."
"We are pleased to collaborate with Colors Farm and BGU on this significant endeavor" said Nir Arbel, CPO of Evogene: "Through precise modifications of crustacean genomes, gene editing can enhance desired traits and minimize environmental impact.