Incubit Technology Ventures

Incubit Technology Ventures is an accelerator and venture capital firm based in Beer-Sheva, Israel, and was founded in 2012 as a subsidiary of Elbit Systems. The firm focuses on incubating and investing in early-stage startups, particularly in the deep technology and high-tech sectors. Its investment areas include infrastructure markets such as construction, automotive, healthcare, energy, robotics, additive manufacturing, and various advanced technologies like nanotechnology, cyber, and information technology. Incubit Technology Ventures offers an equity investment of $1.3 million to support startups over a two-year operational period. The firm also provides mentoring and access to technological expertise to help foster innovation and growth among its portfolio companies.

Ayelet Ben Arav

Investor

9 past transactions

FlyWorks

Seed Round in 2019
FlyWorks Ltd., founded in 2019 and based in Beer-Sheva, Israel, specializes in the development of hybrid multirotor drone platforms designed for extended flight durations. The company is focused on creating innovative drive technology that combines the efficiency of petrol fuel with the safety and simplicity of multirotor designs. This patent-pending propulsion system utilizes a primary internal combustion engine for most of the power required for flight, supplemented by small electric motors to assist with maneuvering. FlyWorks' technology allows for significant payload capacities and extended operational times while remaining cost-effective and safe. Their hybrid drones can be adapted for various applications, including land surveying and air-taxi services, making them suitable for a wide range of commercial uses, including high-resolution inspections of large infrastructure such as power lines.

Exband Networks

Seed Round in 2016
Exband Networks is a manufacturer specializing in cellular infrastructure transmitters. The company develops broadband transmitter technology aimed at enhancing the bandwidth of cellular networks. Their key innovation lies in linearization technology that can handle hundreds to thousands of MHz of instantaneous transmission bandwidth. This advancement benefits 4G and 5G cellular network users by providing increased bandwidth and capacity, effectively eliminating the need for additional physical transmission bandwidth.

VocaSee

Seed Round in 2016
VocaSee is a software company that specializes in the development of a cloud-based platform for automatic transcription of audio and video clips. The company's technology allows users to submit short clips to its cloud service, which processes the audio and video content to produce accurate transcriptions. In addition to transcriptions, VocaSee's platform generates supplementary subtitles that can be displayed alongside the video. This service not only enhances accessibility but also enables video providers to monetize their content by offering transcripts to customers. Through its innovative approach, VocaSee aims to streamline the transcription process and improve the overall user experience in content consumption.

Creative IC3D

Seed Round in 2015
Creative IC3D is a company based in Beersheba, Israel, that specializes in providing advanced three-dimensional printing solutions for the printed circuit board prototype market. The company utilizes innovative additive manufacturing technology to produce copper-based single-layer traces, catering to a variety of electronic applications including IoT devices, sensors, RFID solutions, and antennas. Creative IC3D employs a semi-additive process that integrates digital printing with chemical techniques, allowing for enhanced customization and cost-effectiveness in manufacturing. Additionally, the company is developing energy storage solutions using hybrid conductive materials, which support the creation of new hybrid pseudocapacitors and electrodes.

ammune.ai

Seed Round in 2015
Ammune.ai, developed by L7 Defense Ltd., is a cybersecurity solution focused on protecting web applications from denial of service (DDoS) attacks. Founded in 2015 and based in Beersheba, Israel, the Ammune platform employs biological dynamic models to automatically monitor and block sophisticated DDoS attacks without needing prior knowledge of attack parameters. This innovative approach allows for real-time mitigation, enhancing the security of web systems. The platform has garnered recognition in the cybersecurity industry, being named among the most promising DDoS mitigation solutions by CIO Review and receiving multiple awards for its innovation, including the Global Anti-DDoS for Critical National Infrastructure New Product Innovation Award from Frost & Sullivan.

EchoCare

Seed Round in 2015
EchoCare specializes in a non-wearable wellness and prevention care system aimed at supporting the senior population living independently at home or in senior living facilities. The company's innovative system utilizes radar technology to monitor daily activities, allowing it to identify potential health deterioration and detect acute situations such as falls or respiratory distress. By providing a holistic behavioral monitoring solution, EchoCare enables caregivers and emergency operators to receive alerts automatically, thereby improving response times during critical situations. This approach not only alleviates the existing distress associated with elderly care but also enhances the safety and well-being of senior citizens.

NewRocket

Seed Round in 2014
NewRocket specializes in the development of advanced, environmentally friendly rocket engines specifically designed for in-space applications. The company is pioneering a patented gel technology that provides a stable and non-toxic propellant, ensuring high performance and precise control. This innovative gel propellant combines the benefits of both liquid and solid propellants, enhancing rocket performance while being safe to use and transport. NewRocket's engines are tailored for various applications, including satellites, tugs, and landers, and are designed to comply with industry regulations. By focusing on eco-friendly solutions, NewRocket aims to meet the growing demand for sustainable propulsion systems in the space market.

CENS Materials

Seed Round in 2014
CENS Materials Ltd, founded in 2013 and based in Beersheba, Israel, specializes in the manufacture of lithium-ion batteries. The company is at the forefront of developing advanced materials through a proprietary process that creates nano-clusters of particles. This innovative approach enables the production of highly efficient power sources by significantly enhancing the anodes of lithium-ion rechargeable batteries and the electrodes of super-capacitors. By growing carbon nanotubes (CNTs) directly onto particle surfaces, CENS improves electrical conductivity, thermal transport, and reaction efficiency. This technology allows for better utilization of CNT properties, leading to substantial improvements in power and energy output. CENS's CNT-particle clusters provide super-capacitors with approximately 50% more power than those made with traditional CNT mixtures, facilitating faster charging, longer cycle life, and increased reliability.

Collage Medical Imaging

Seed Round in 2014
Collage Medical Imaging Ltd. is a Beersheba, Israel-based company founded in 2014 that specializes in virtual tissue reconstruction for cancer diagnostics. The company develops innovative medical devices that utilize optical coherence tomography technology combined with spatial localization technology. This system allows for real-time imaging and mapping of suspicious tissues, tumors, and masses within human organs at a microscopic level. By providing real-time diagnostics, Collage Medical Imaging enables the identification of the location, size, and shape of potentially cancerous structures, facilitating targeted therapies for tumors and areas of concern.
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