Ashdod Port starts second accelerator program for Israeli maritime startups with venture capital fund 500 Global

by time news

2023-06-11 22:33:48

Ashdod Port’s second escalator started this week, with 12 New Israeli startups, in the fields relevant to the world of shipping and maritime traffic, including cyber and security, logistics, operations and industry 4.0, maritime technology and more. The program in collaboration with the venture capital fund500 Global , One of the most active international venture capital funds.

About 75 different startups have participated in the accelerator so far, alongside the establishment and management of the port’s CVC investment fund, one of the pioneers in the world, with the Ashdod Port Company investing over the years about NIS 10 million in 9 startups among them.

The 12 startups selected for the second round, Out of dozens who applied, They arrived at the opening meeting of the program, where they met with the people of the innovation division at the port, with the mentors on behalf of 500 Global and with the other participating companies.

between The startups selected for the program: synergy (Cynergy)– which develops an ecosystem for automations that handle cyber security weaknesses without human contact, Plays Robotics (Flyz Robotics)– a robotic system for installing sensors for emergency events in real time, Kiami (Kiami) – Fault diagnosis system based on artificial intelligence and preservation of technical and operational knowledge, Liquid 360 (Liquid360) – Real-time camera display on the contextual map to meet security needsfrom Jelnik (Magellanic) – A comprehensive firewall for managing permissions and security while providing adequate access to the organization’s digital resources, Picomers (Pickommerce) – changes the world of robotic handling in the field of logistics, based on computer vision and artificial intelligence, for efficient warehouse operation while preventing errors and malfunctions, Proxyphenes (ProxyFence)– Automatic security and validation policies customized for the organization’s services, Tridis (in trade)– Connects the physical world to the digital world through augmented realitySeoul (SeeAll) – strives to ensure 100% traceability and process control quality of materials through image processing, in production lines, factories and logistics centers, Video (Video) – A platform based on image and video processing for quality assurance and control, safety and maintenance for marine, manufacturing and energy industries. Briefing (Briefery) – provides a tool for the digitization of logistics processes and the production floor in order to provide transparency, traceability and analytics to identify exceptions, bottlenecks and follow-up execution, Bandartech (BenderTech) – application

For access control for document verification and facial recognition at the entrance to strategic complexes, which improves the level of security and service and saves costs, while maintaining security and privacy – without the need for a biometric database.

As part of the program, which is managed by Roi Abrahami, head of the innovation system at the Port of Ashdod and in collaboration with 500 Global, the startups will receive professional guidance and mentoring and they will receive a full support system from the port staff, they will operate there as a testing ground and, depending on the success of the program, they will be able to have the opportunity to integrate the final product into the port’s systems . In addition, they will be given the opportunity to present their technology overseas, to entities with which the Port of Ashdod has signed agreements in the field of innovation, including: the giant shipping company Maersk, the Port of Barcelona, ​​the Port of Santos in Brazil, the Port Authority of New York and New Jersey, and more.

According to Ashdod Port Chairman Shaul Schneider: “The purpose of the program is to support and implement advanced technologies in the port, and to show, as already demonstrated in the previous cycle, that from the place that was known until now in the worlds of heavy industry and LowTech, a technology is growing that will affect the Israeli economy as well as the global economy. The companies participating in the current program present intriguing products and I trust And it is certain that this is where the next news in the field will come from.”

According to Eli Bar Yosef, acting CEO of Ashdod Port: “The Ashdod Port Company is working to deepen the startup activity at the port in diverse fields in order to deepen the port’s leadership in the diverse technological fields in which the port deals. The startup companies that prove their ability, with the help of the port’s employees, get a unique opportunity to leverage their uniqueness while accessing the world of ports, with proof Ability to expand their activity from a place of proven programming.”

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