Corundum Open Innovation

Corundum Innovation is a venture capital firm established in 2014, with headquarters in Herzelia, Tel Aviv, and an additional presence in Tokyo, Japan. The firm specializes in investments in information and communication technology (ICT) and life sciences sectors, primarily targeting Israeli high-tech companies. Corundum Innovation offers portfolio companies access to a robust high-tech ecosystem, providing valuable market insights, go-to-market strategies, and introductions to top talent and strategic business partners. By fostering hands-on business development, the firm aims to enhance the growth potential of both its investors and portfolio companies.

David Ben-Ami

Venture Partner

David Heller

Co-Founder, Managing Partner, General Partner and Chairman of the Investment Committee

Shlomo Kalish

Managing Partner

3 past transactions

Theranica

Series B in 2019
Theranica is a medical device company that specializes in developing wearable solutions for various medical conditions, particularly focusing on migraine treatment. The company utilizes neuromodulation therapy combined with advanced wireless technology to create noninvasive 'smart' patches. These patches are controlled via a smartphone app, allowing for personalized treatment that is both portable and cost-effective. Each patch features a proprietary chip that delivers electrical pulses to modulate sensory nerves beneath the skin, providing temporary or long-term relief from pain. Theranica's innovative approach aims to empower patients in managing their neurological pain effectively and affordably.

CathWorks

Series B in 2017
CathWorks Ltd. is a medical technology company based in Kfar-Saba, Israel, with an additional office in the United States. Founded in 2013, CathWorks specializes in developing advanced medical devices for the interventional cardiology market. The company's innovative technology leverages computational science and automatic multi-layered algorithms to enhance the utility of coronary angiography data, transforming visual assessments into objective decision-making tools for physicians. Its flagship product, CathWorks FFRangio, is a non-invasive device that provides objective multi-vessel physiological measurements, aimed at optimizing and confirming intra-procedural decisions for percutaneous coronary interventions (PCI). CathWorks is privately held and benefits from strong partnerships and support from leading venture capital firms in the medical devices sector.

Theranica

Series A in 2017
Theranica is a medical device company that specializes in developing wearable solutions for various medical conditions, particularly focusing on migraine treatment. The company utilizes neuromodulation therapy combined with advanced wireless technology to create noninvasive 'smart' patches. These patches are controlled via a smartphone app, allowing for personalized treatment that is both portable and cost-effective. Each patch features a proprietary chip that delivers electrical pulses to modulate sensory nerves beneath the skin, providing temporary or long-term relief from pain. Theranica's innovative approach aims to empower patients in managing their neurological pain effectively and affordably.
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