Techstars Tel Aviv, the Israeli branch of an international mentorship and investment network, announced this week they have selected 12 more start-ups to receive personalized guidance and financial contributions to rapidly grow their companies. This is the second such accelerator program from Techstars in 2021.
The 13-week-program began on October 18 and will run until January 13, 2022. The chosen companies will each receive $120,000 in investments, be matched with top-class mentors in their fields, and have easy access to the global network of Techstars.
Hilla Ovil-Brenner, the leader of the Tel Aviv program, has founded three companies; including WhiteSmoke, an English grammar checker and proofreader, and a supportive community for women-led high-tech leadership.
“It is the first time, internationally, we are opening two programs for the global accelerator in Tel Aviv in the same year. I see it as an honest vote of confidence in the local program, in the Israeli ecosystem, and in Israeli startups in general. It is a great opportunity for these 12 companies who will receive the incredible and unique opportunity to meet and learn from leading experts," Ovil-Brenner said.
Some of the start-ups featured in the program include:
EyeKnow — AI-based technology that protects vulnerable populations from abuse and neglect through security cameras and monitoring, such as in schools, daycares, and nursing homes.
EZCheck.me — In the age of online learning and working from home, this company utilizes AI to quickly monitor attendance at schools and work by scanning a QR code.
Binsight — The use of AI technology to monitor food consumption, using machine learning to alert consumers of items they need to purchase, and recommendations for other items.
Autority.io — Allows car-owners to seamlessly manage the many hassles such as fees that come with owning a car, through centralized APIs.