The Terra Venture Partners Fund has made 3 investments in new start-ups totaling approximately $ 3 million

by time news

These are the Sid View-Netic, Cogniche and Infiniflex companies defined as Impact, or Deeptech companies.

Terra Venture Partners, which focuses on investments in the field of impact, has recently invested in three Israeli start-ups – View-Netic, Cogniche and Infiniplex. The amount of the investments is over $ 3 million and they were made in collaboration with the Innovation Authority.

Astura Modena, a partner in the Terra Fund, noted, “Although the global trend is declining in terms of initial investments, the Terra Fund is increasing investments in the lime and pre-lime stages in areas that have a positive impact on the climate or health. The climate crisis and the increase in the global population create a great need and accordingly also a significant opportunity in these areas. The Terra Fund, a pioneer in investments in the field of climate in Israel, has been active in the field for over 15 years as a pre-lime and lime investor, and recently began examining investments in more mature companies in its fields of activity. ”

Company View-Netic (ViewNetic) Founded in 2018 by Ofer Sandelson, CEO and David Shiner, VP of Technology and David Gal, Chairman. A total of $ 1.1 million was invested in the company by Terra, the founders and private investors. The company develops a product based on artificial intelligence and a unique set of cameras, which helps in the early detection and detection of pests and diseases in greenhouses for growing vegetables. The product will help farmers and growers get a snapshot of the beneficial pests and insects in an accurate and up-to-date way in real time, at a level that cannot be produced by currently accepted methods. The system will reduce the use of pesticides and harm to the environment. In addition, the system will reduce dependence on skilled and unavailable manpower, and increase work efficiency.

Company Cognition (Cognishape) Was established in 2020 by Oren Meir, CEO; Dr. Daniela Eisenberg, Scientific Director and Gal Nahum, Chair. The company has 5 employees. Cognition is developing a “digital drug” designed to slow down and even prevent the process of cognitive decline in old age. About a million dollars were invested in the company. CogenShip’s solution “democratizes” proven clinical practices that have not been accessible to the general public so far. The company’s technology offers a virtual personal trainer who talks to the user through familiar instant messaging apps and offers him cognitive practice tasks built with the goal of diagnosing and training cognitive abilities. The technology is based on the latest research and insights about existing products on the market, which have great difficulty proving improvement in real life beyond improving user performance in a virtual game. The product uses artificial intelligence that is customized for each user and a unique training program that allows him maximum improvement.

Company Infiniflex (infiniplex) Founded in 2021 by Ofer Peleg, Chief Scientist; Zeev Rusk, CEO; Ann Goren, Regulation and Medical Relations. The company has 7 employees. The total investment, including the current raising, is about $ 1.1 million. The company’s technology allows the examination of cancerous remnants long before the onset of clinical symptoms, as part of a periodic blood test, at costs similar to a corona test. According to the World Health Organization, early detection can reduce over half of cancer deaths. HMOs Or the insurer will be able to save a lot of money and improve the service by adding such a test to the regular blood tests.

“We invite Israeli entrepreneurs who want to have a positive impact on the world to contact us for an investment examination. Tara is looking to invest in companies that have a positive impact on the environment, society and broad populations around the world and invites suitable entrepreneurs to contact us.“, Modena added. “The fund currently manages over 30 portfolio companies.”

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1 comment

Tamir Levine December 5, 2022 - 10:22 pm

Thus is a bit inaccurate… More than half of the money invested in each of the three companies is government money (Israeli Innovation Authority – government grants). Only desperate companies get into those government incubators.

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