Global tech giant Intel’s start-up growth acceleration program Intel Ignite has picked 10 new start-ups for its sixth Tel Aviv cohort.
They were chosen out of a pool of 200 Israeli applicants and focused extensively on tech innovation in a variety of fields, including digital health, cybersecurity, artificial intelligence and robotics, Intel Ignite said in a press release.
The 10 start-ups are:
- Predicta Med
- Dual Bird Technologies
- Oligo Security
Each of the companies chosen for the sixth cohort have raised an average of $5 million. As part of the sixth Tel Aviv cohort, they will join the 48 Israeli start-ups that have already gone through Intel Ignite. One of them, Granulate, which was part of Intel Ignite’s first-ever Israeli cohort, was recently acquired by Intel.
As part of the program, each of the 10 start-ups are working with mentors and industry experts with a program tailor-made to meet their needs. The program is extensive and covers various topics, including recruitment, go-to-market strategy and product development.
“It is an exciting time for us at Intel Ignite due to the great success in the collaboration between our fresh, innovative start-ups and Intel during the last year,” Intel Ignite Israel managing director Ranny Nachmias said. “The sixth Israeli cohort, starting next week, drew an impressive number of applicants from various verticals in the industry. Since the program’s launch in 2019, the participating companies have achieved magnificent results with nearly $700 million in funding.
“I am thrilled to see how the start-ups in the upcoming batch flourish along with the program and the unique personal professional connections created between the founders, experts and mentors.”