Hanaco Ventures

Hanaco Ventures is a venture capital firm that focuses on early-stage investments in emerging startups, particularly those founded by Israeli entrepreneurs worldwide. Established in 2017 and headquartered in Tel Aviv, Israel, with an additional office in New York, the firm emphasizes sectors such as consumer products and services, food, agricultural technology, digital healthcare, financial technology, and information technology. Hanaco Ventures aims to support bold and visionary entrepreneurs, fostering innovation and growth within the Israeli ecosystem and beyond.

Gadi Fisher

Senior Associate

Hoffman, Itai

Vice President

Alon Lifshitz

Founding Partner

Pasha Romanovski

Founding Partner

Past deals in MENA

Chain Reaction

Series C in 2023
Chain Reaction is engineering the future of disruptive blockchain and privacy technologies. They accelerate compute performance, enabling companies to adopt and scale solutions to the world’s most complex problems. EL3CTRUM is their Blockchain product line, starting with the most efficient hashing ASIC on the market, optimized for high-performance, high efficiency, and low-power, and is the heart of their hashboards and systems. EL3CTRUM delivers optimal payback time. 3PU™ is their Privacy product, dramatically accelerating real-time operations of Privacy Enhancing Technologies on encrypted data, transforming the cloud into a trusted environment, and enabling new verticals to adopt the cloud at scale, including financial institutions, healthcare & big pharma, defense & government, oil & gas, and more. Purpose-built and custom-designed, their solutions power the next generation of secure, scalable, green computing to help protect people, privacy, and the planet.

RevealSecurity

Series A in 2022
RevealSecurity is a developer of an artificial intelligence platform focused on cybersecurity solutions for enterprises, specifically addressing insider threats. The company's technology utilizes a clustering engine and activity flow analytics to detect insider threats across various enterprise applications. This approach eliminates the need for rule creation, data model building, or manual data cleaning, thereby simplifying threat detection for clients. RevealSecurity’s offerings also include anomaly detection for Software as a Service (SaaS) applications, as well as cloud detection and response capabilities, enhancing the overall security posture of organizations against potential risks and damages.

Sayata

Series A in 2022
Sayata delivers rapid growth to brokers and carriers that place commercial risk. The Sayata platform streamlines the quote-bind-issue process allowing insurance professionals to seamlessly place commercial risk in a fraction of the time. Sayata provides an end-to-end technological solution along with educational tools, giving our partners the ability to grow their book quickly and efficiently. To date, over 1,000 users across 75 brokerages and carriers partner with Sayata to grow their commercial book.

Redefine Meat

Venture Round in 2022
Redefine Meat uses 3D printing technology, meat digital modeling, and food formulations to produce animal-free meat. Redefine Meat technology produces animal-free meat with the same appearance, texture, and flavor of animal meat, from natural and sustainable ingredients. It was founded in 2018 and headquartered in Tel Aviv, Israel.

Remilk

Series B in 2022
Remilk Ltd. is an Israeli food-tech company founded in 2019, specializing in the production of animal-free dairy products. The company utilizes microbial fermentation technology to create key ingredients found in cow's milk, aiming to replicate its flavor, nutritional composition, and functionality. By developing a milk substitute that mirrors traditional dairy, Remilk addresses both environmental concerns and animal welfare issues associated with conventional dairy production. Its innovative approach seeks to provide a sustainable alternative for businesses in the dairy industry.

EasySend

Series B in 2021
EasySend empowers banks and insurance companies to quickly convert paper forms and clunky PDFs into digital journeys. EasySend is a no-code development platform for building and optimizing digital customer journeys that is tailor-made to address the unique requirements of global financial institutions and insurance carriers. The EasySend platform supports any banking and insurance use case with pre-built components, including end-to-end digital mortgage, lending, policy renewals, claims, and customer onboarding. EasySend’s advanced analytics and optimization engine empowers its customers to gain full visibility into complex digital workflows, pinpoint problems leading to churn, optimize processes, and drive revenue growth. Its intelligent eForms easily integrate with any legacy and core banking system and third-party service, including out-of-the-box integration with leading CRMs, such as Salesforce and Microsoft Dynamics. Since the establishment in 2016, EasySend’s solution has been adopted by over 90% of the Israeli financial and insurance markets and is rapidly expanding globally, serving over forty enterprise customers, including leading financial institutions and insurance companies in the US, Germany, DACH, UK, Japan, and Israel.

Lightricks

Series D in 2021
Lightricks Ltd. is a developer of mobile image processing applications, headquartered in Jerusalem, Israel. Founded in 2013, the company specializes in creativity tools that empower users to create and share visual content on mobile devices. Lightricks offers a range of products, including Facetune, a popular portrait and selfie editor; Enlight, a versatile photo-editing application; and Beatleap, which facilitates audio-driven video editing by synchronizing music with video clips. The company employs advanced technologies in computer vision, graphics, and image processing, integrating proprietary algorithms and augmented reality features into its applications. By focusing on user-friendly designs and innovative editing capabilities, Lightricks aims to enhance the creative experience for individuals and businesses alike.

BrainQ

Venture Round in 2021
BrainQ develops a platform for precision neurology therapies to treat the impaired brain using a BCI-based approach. The company was founded in 2016 and is headquartered in Jerusalem, Yerushalayim, Israel.

Vesttoo

Series A in 2021
Vesttoo is the world’s first marketplace for non-catastrophe insurance-based risk transfer and investments. Our proprietary AI-based technology facilitates risk transfer between insurance companies and institutional investors, providing insurance-linked investments to asset managers of all types, while enhancing risk transfer and liquidity in the Life and P&C insurance markets. Our platform facilitates risk transfer to the capital markets with a faster time to market, providing insurers with an affordable, accurate alternative or supplement to traditional reinsurance with unlimited capacity from the capital markets, while we offer asset managers a variety of risk remote, uncorrelated investment options that generate sustainable alpha from a catered variety of insurance and reinsurance premiums. We collaborate with leaders in the field to build alternative reinsurance transactions covering a variety of Life and P&C insurance risks in transparent, data-driven alternative reinsurance and retrocession deals - run-off or treaty, parametric or portfolio-specific, standalone or on top of existing reinsurance towers. Our proprietary AI-based Machine Learning models have been developed independently, accepted by regulators, and externally audited by leaders in the field. Vesttoo was selected to participate in IBM Alpha Zone, Citigroup Accelerator, Plug and Play and Fintech Innovation Lab – all prestigious fintech accelerators, and most recently NVIDIA's inception program. Our management team has a diversified professional experience in global business development, investments, technology/systems/algorithms, financial engineering, reinsurance, credit rating and management Additional team members include: data scientists, financial engineers, actuaries, product managers, project managers, business development, strategy and marketing professionals.

MDI Health

Seed Round in 2021
MDI Health is a leading medication management solution, leveraging AI to personalize and scale high-quality medication therapy. MDI’s advanced technology analyzes thousands of pharmacological and medical parameters, identifies patients with high drug-related risks, and autonomously generates evidence-based recommendations to reduce those risks. Payors and Value-Based Providers use MDI’s technology to prevent drug-related problems, maximize Deprescribing efforts, reduce total costs of care, and see thousands of dollars PMPY in savings.

Carbyne

Convertible Note in 2021
Carbyne specializes in cloud-native contact center solutions aimed at enhancing emergency communication infrastructure. As the largest provider of rich data for mission-critical centers, Carbyne processes over 250 million data points annually through a unified platform. Its technologies facilitate secure communication between emergency contact centers and callers, as well as connected devices, without the need for a consumer app. The company's application enables reporting through encrypted video, voice, images, and chat, along with accurate device-based location services. This real-time communication capability allows emergency call takers to analyze situations and provide timely support, ultimately improving operational efficiency and transparency. Carbyne's mission is to redefine emergency collaboration by connecting individuals, enterprises, and governments, thereby contributing to more effective emergency response and potentially saving lives.

Edocate

Seed Round in 2021
Edocate's platform enables its customers to create unique content in a form of virtual patient cases in a variety of therapeutic areas, to engage healthcare professionals. The platform provides valuable insights into HCP decision-making, clinical gaps and variability in care, prescription patterns, guideline compliance and patient outcomes.

Redefine Meat

Series A in 2021
Redefine Meat uses 3D printing technology, meat digital modeling, and food formulations to produce animal-free meat. Redefine Meat technology produces animal-free meat with the same appearance, texture, and flavor of animal meat, from natural and sustainable ingredients. It was founded in 2018 and headquartered in Tel Aviv, Israel.

SeeTree

Series B in 2020
SeeTree is an intelligence platform focused on providing detailed insights into individual trees for growers, enabling them to monitor tree health and productivity effectively. The company employs advanced technologies, including artificial intelligence, machine learning, drone imaging, and a variety of sensors, to gather and analyze data from millions of trees. By integrating information from drones, satellites, IoT sensors, and weather data, SeeTree offers a comprehensive overview that helps farmers identify weak trees within clusters and optimize their agricultural practices. This multifaceted approach allows growers to allocate their resources more efficiently and improve overall farm management at a cost-effective rate.

Strigo

Series A in 2020
Strigo is a technology training platform that lets companies create, manage, and deliver hands-on training. Companies use Strigo to deliver both internal and customer training. Strigo's browser-based training environments come with built-in virtual labs, making hands-on training sessions much more efficient and easier to manage.

EasySend

Series A in 2020
EasySend empowers banks and insurance companies to quickly convert paper forms and clunky PDFs into digital journeys. EasySend is a no-code development platform for building and optimizing digital customer journeys that is tailor-made to address the unique requirements of global financial institutions and insurance carriers. The EasySend platform supports any banking and insurance use case with pre-built components, including end-to-end digital mortgage, lending, policy renewals, claims, and customer onboarding. EasySend’s advanced analytics and optimization engine empowers its customers to gain full visibility into complex digital workflows, pinpoint problems leading to churn, optimize processes, and drive revenue growth. Its intelligent eForms easily integrate with any legacy and core banking system and third-party service, including out-of-the-box integration with leading CRMs, such as Salesforce and Microsoft Dynamics. Since the establishment in 2016, EasySend’s solution has been adopted by over 90% of the Israeli financial and insurance markets and is rapidly expanding globally, serving over forty enterprise customers, including leading financial institutions and insurance companies in the US, Germany, DACH, UK, Japan, and Israel.

Sepio

Series A in 2020
Sepio has developed an innovative asset risk management platform focused on protecting organizations from hardware-based attacks. Unlike traditional methods that monitor asset activity, Sepio's solution uses physical layer asset DNA profiling to provide actionable visibility and control over hardware assets. This platform enables security teams to gain comprehensive insight into their infrastructure, regardless of whether it includes IT, OT, or IoT components. With trafficless monitoring, the solution reports the actual assets present within 24 hours, along with associated risk factors, allowing for effective policy enforcement and mitigation of rogue devices. By enabling administrators to define granular usage rules and continuously monitor their hardware assets, Sepio enhances cybersecurity posture and helps organizations manage their assets efficiently and securely.

Sepio

Series A in 2019
Sepio has developed an innovative asset risk management platform focused on protecting organizations from hardware-based attacks. Unlike traditional methods that monitor asset activity, Sepio's solution uses physical layer asset DNA profiling to provide actionable visibility and control over hardware assets. This platform enables security teams to gain comprehensive insight into their infrastructure, regardless of whether it includes IT, OT, or IoT components. With trafficless monitoring, the solution reports the actual assets present within 24 hours, along with associated risk factors, allowing for effective policy enforcement and mitigation of rogue devices. By enabling administrators to define granular usage rules and continuously monitor their hardware assets, Sepio enhances cybersecurity posture and helps organizations manage their assets efficiently and securely.

Namogoo

Series C in 2019
Namogoo is a pioneer in Digital Journey Continuity, providing a platform that enhances online customer experiences and facilitates smoother paths to purchase. The platform autonomously adjusts to individual customer visits in real-time, ensuring a seamless journey. One of its key features, Customer Hijacking Prevention, effectively blocks unauthorized ad injections that could redirect shoppers to competitors, thereby boosting conversion rates and revenue. Additionally, Namogoo's Intent-Based Promotions tailor promotions to individual visitors, optimizing margins for eCommerce retailers while reinforcing brand loyalty. By leveraging non-personally identifiable information and data analytics, Namogoo helps businesses better understand customer behavior and improve their overall online experience. Over 250 prominent global brands rely on Namogoo to maintain efficient digital journeys and drive growth in their operations.

Strigo

Seed Round in 2019
Strigo is a technology training platform that lets companies create, manage, and deliver hands-on training. Companies use Strigo to deliver both internal and customer training. Strigo's browser-based training environments come with built-in virtual labs, making hands-on training sessions much more efficient and easier to manage.

Redefine Meat

Seed Round in 2019
Redefine Meat uses 3D printing technology, meat digital modeling, and food formulations to produce animal-free meat. Redefine Meat technology produces animal-free meat with the same appearance, texture, and flavor of animal meat, from natural and sustainable ingredients. It was founded in 2018 and headquartered in Tel Aviv, Israel.

Carbyne

Series B in 2019
Carbyne specializes in cloud-native contact center solutions aimed at enhancing emergency communication infrastructure. As the largest provider of rich data for mission-critical centers, Carbyne processes over 250 million data points annually through a unified platform. Its technologies facilitate secure communication between emergency contact centers and callers, as well as connected devices, without the need for a consumer app. The company's application enables reporting through encrypted video, voice, images, and chat, along with accurate device-based location services. This real-time communication capability allows emergency call takers to analyze situations and provide timely support, ultimately improving operational efficiency and transparency. Carbyne's mission is to redefine emergency collaboration by connecting individuals, enterprises, and governments, thereby contributing to more effective emergency response and potentially saving lives.

SeeTree

Series A in 2019
SeeTree is an intelligence platform focused on providing detailed insights into individual trees for growers, enabling them to monitor tree health and productivity effectively. The company employs advanced technologies, including artificial intelligence, machine learning, drone imaging, and a variety of sensors, to gather and analyze data from millions of trees. By integrating information from drones, satellites, IoT sensors, and weather data, SeeTree offers a comprehensive overview that helps farmers identify weak trees within clusters and optimize their agricultural practices. This multifaceted approach allows growers to allocate their resources more efficiently and improve overall farm management at a cost-effective rate.

Chain Reaction

Series A in 2019
Chain Reaction is engineering the future of disruptive blockchain and privacy technologies. They accelerate compute performance, enabling companies to adopt and scale solutions to the world’s most complex problems. EL3CTRUM is their Blockchain product line, starting with the most efficient hashing ASIC on the market, optimized for high-performance, high efficiency, and low-power, and is the heart of their hashboards and systems. EL3CTRUM delivers optimal payback time. 3PU™ is their Privacy product, dramatically accelerating real-time operations of Privacy Enhancing Technologies on encrypted data, transforming the cloud into a trusted environment, and enabling new verticals to adopt the cloud at scale, including financial institutions, healthcare & big pharma, defense & government, oil & gas, and more. Purpose-built and custom-designed, their solutions power the next generation of secure, scalable, green computing to help protect people, privacy, and the planet.

Darillium

Seed Round in 2018
Darillium is on a mission to enable enterprises to design and release new business services faster and with less risk across multiple platforms and clouds.

Namogoo

Series B in 2018
Namogoo is a pioneer in Digital Journey Continuity, providing a platform that enhances online customer experiences and facilitates smoother paths to purchase. The platform autonomously adjusts to individual customer visits in real-time, ensuring a seamless journey. One of its key features, Customer Hijacking Prevention, effectively blocks unauthorized ad injections that could redirect shoppers to competitors, thereby boosting conversion rates and revenue. Additionally, Namogoo's Intent-Based Promotions tailor promotions to individual visitors, optimizing margins for eCommerce retailers while reinforcing brand loyalty. By leveraging non-personally identifiable information and data analytics, Namogoo helps businesses better understand customer behavior and improve their overall online experience. Over 250 prominent global brands rely on Namogoo to maintain efficient digital journeys and drive growth in their operations.

Moovit

Series D in 2018
Moovit is a Mobility as a Service (MaaS) provider and the world’s #1 transit app. Moovit simplifies your urban mobility in +2700 cities all around the world, making getting around town via mass transit easier and more convenient. Moovit has more than 300 million users, and was named Best Local App of 2016 by Google and Best of 2017 app by Apple. By combining information from public transit operators and authorities with live information from the user community, Moovit offers travelers a real-time picture, including the best route for their journey. The Moovit community sends active reports about their travel experience, such as bus congestion levels, cleanliness, and more to help others have a better travel experience. Moovit generates up to four billion anonymous data points a day that comprise the world's largest repository of transit data. The Big Data gathering is aided by Moovit’s network of more than 500,000 local editors, called “Mooviters”, who help map out and maintain local transit information in cities that would otherwise be unserved. Moovit is available for free on iOS, Android & Web in over 2,700 cities, across 86 countries worldwide, and can be used in 44 languages.
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