YK

Yaron Kestenbaum

Investment Professional

Past deals in Israel

CommonSense Robotics

Series C in 2021
Fabric is building an on-demand supply-chain that allows retailers to offer sustainable, 1-hour delivery service to their online customers. Its Micro-Fulfillment-Center is an urban, automated fulfillment solution that combines the benefits of local distribution with the economics of automated fulfillment, and is re-defining the way goods are fulfilled and delivered within cities. By utilizing a novel approach to this last-mile challenge and state-of-the-art robotics and AI, Fabric allows its clients to offer true on-demand services, dramatically reduce their operational costs and benefit from superior operational scalability.

Sproutt Insurance

Series B in 2021
Sproutt is a new kind of life insurance company that loves life and rewards those who love theirs. It is our purpose to use data and AI to finally reward people who live a healthy life with the best life insurance. We believe it’s important to live a balanced life that includes a reasonable amount of exercise, eating well, and getting a proper amount of sleep. But we also believe that owning pets, being surrounded by friends and family, and feeling supported by your community, are equally important factors on longevity that should be rewarded. Whether inquiring about life insurance, or actually purchasing coverage through Sproutt, we believe it is our mission to educate and encourage everyone we meet to embrace a healthy lifestyle.

Tabit Technologies Ltd

Series A in 2019
Tabit Technologies Ltd develops a cloud based restaurant management software solution. The company's platform address both restaurant operators and their customers which reduces the need for multiple integration points and breaking down legacy information silos. The company was founded in 2012 and is based in Rishpon, Israel.

Mindspace

Venture Round in 2021
Mindspace is a boutique flex space provider, presenting a global mindset with a local flavor. We redefine the workplace experience for companies of all sizes. Our beautifully designed spaces, personalized level of service and carefully curated events foster enhanced employee engagement and a strong sense of community, accommodating the way people work, innovate and grow. Our customer base includes blue-chip companies, enterprises and SMBs, in 31 locations, 16 cities and 7 countries across Europe and the US.

Lightricks

Series D in 2021
Lightricks Ltd. develops mobile image processing applications for customers in Israel and internationally. The company offers Facetune, a portrait and selfie photo editor; BoostApps, a suite of mobile tools for small businesses and brands to engage consumers in ways that boost their bottom lines; Enlight, a photo-shop application; Quickart, an artistic photo-editing application; Filtertune, a photo editing application; and Beatleap, an application for audio-driven video editing by automatically matching songs with clips in seconds. It provides solutions in the areas of software engineering, UX\UI design, research and development, and analytical marketing. The company was founded in 2013 and is headquartered in Jerusalem, Israel.

Enlight Renewable Energy Ltd

Funding Round in 2018
Enlight Renewable Energy stands at the forefront of the green energy revolution. A leader in its field, the company is publically traded on TASE (Tel Aviv Stock Exchange).Since its foundation in 2008, Enlight has endeavored to create value through its energy and infrastructure initiatives. The company specializes in the initiation, development, financing, construction, management, and operation of projects involving the generation of electricity from renewable energy sources.

NSKNOX Technologies Ltd

Series B in 2023
NsKnox Technologies is a Fintech - Security company, revolutionizing the way organizations would protect themselves. It provides solutions in the ground-breaking field of Cooperative Cyber Security (CCS) based on a whole new approach for protecting corporate payment systems against insider threats, external fraud, and data manipulation attempts. The company was founded in 2016 by Alon Cohen and is based in Boston, Massachusetts.

Shirbit Insurance

Acquisition in 2021
Shirbit Insurance operates as a direct insurance company and also through insurance agents.

AssuredAllies

Series A in 2021
AssuredAllies is a healthcare company that supports caregivers. It leverages the power machine learning, design, and data in building affordable solutions to bring aging adults and their families the support they need. Its algorithms are used to individually underwrite a pre-LTC offering which can be sold as a standalone, employee benefit or as an add-on to existing LTC policies/annuities/hybrids. Its technology can also improve outcomes in the $2T in-force LTC policies by delaying nursing home utilization through carefully targeted care interventions and help to family caregivers. AssuredAllies was founded in 2017 and is based in Boston, Massachusetts.
Foresight revolutionizes the ADAS industry by enabling highly accurate and reliable object recognition while ensuring the lowest rates of false alerts.Proven core military technology has been developed, tested and deployed over the past 12 yearsUnique platform that offers ADAS for the Automotive and the Railway industries.Highly experienced management team in the stereo vision technology industry Strong IP and know-how Strategic relationships to solidify position in the market.Focused on the growing semi and fully-automated driving industry.

Biond Biologics

Series C in 2021
Biond Biologics is a discovery and development company in the prosperous and evolving field of cancer immunotherapy and autoimmune disorders. Biond aims to translate high quality science into breakthrough therapies that will address unmet medical needs while focusing on innovative drugs. Biond is an Israeli company located at Galilee region, combining excellent science and out of the box innovation.

GenCell

Post in 2022
GenCell is a provider of innovative fuel cell power backup solutions. The company has created a unique, green and cost-effective platform, based on proven nanotechnology and suitable for a variety of sectors in both extreme environments and urban surroundings. Understanding today’s ever-increasing need for business preparedness and response, we at GenCell have dedicated ourselves to finding alternative energy solutions that will offer better quality of service and will also prove as price competitive.
Fattal Holdings (1998) Ltd owns and operates hotels. It operates 39 hotels with 16,700 rooms in Israel; and approximately 150 Leonardo-branded hotels in Europe. The company was founded in 1998 and is based in Tel Aviv, Israel.

Sunbit, Inc.

Series D in 2021
Sunbit is a technology company that offers a solution in improving buying and selling experience for everyday purchases. It reduces the stress involved at the register by providing fast, fair, and transparent installment financing solutions to people across the credit spectrum. Sunbit is available at retail locations in auto repair and services, veterinary care, eye care, dental and specialty health care service industries, and more. The company was founded in 2016 and is headquartered in Los Angeles, California.

Pango

Venture Round in 2020
Pango Pay and Go Ltd. develops an application that allows users to book and pay for on-street and parking lot spots. Its application also allows users to book services, such as car pickup for service/inspection, auto wash, and flat tire repair. The company’s application offers roadside assistance, such as a direct dial for police assistance and travel on toll roads. It enables businesses to manage company fleet expenses by offering a single invoice for all employee parking expenses and access to online data about employee parking. The company was founded in 2007 and is based in Petah Tikva, Israel.

Quantum Machines

Series A in 2020
Quantum Machines is a start-up developing control and operation systems for quantum computers. The company also develops innovative software, hardware, and electronics, combining a range of classical engineering in the field of electrical, hardware, and software engineering, with the science and technology of quantum computing. It utilizes a range of skills such as algorithmics, digital signal processing, RF microwave engineering, machine learning, and quantum physics to push their limits. Quantum Machines was founded in 2018 and is headquartered in Tel Aviv, Israel.

Ecoppia Ltd.

Venture Round in 2017
Ecoppia Ltd. provides cloud-based, connected platform and a suite of robotic solutions for smart management of solar plants worldwide. Its solutions include Ecoppia E4, a robotic solution for fixed tilt installations; Ecoppia T4, a robotic solution for single axis trackers; Ecoppia Ai, a cloud-based platform; and solar panel cleaning. The company also provides planning services, such as optimization and collaboration; commissioning services, including deployment, training, and acceptance test; predictive and corrective maintenance services; and monitoring and analysis services comprising system performance, weather intelligence, machine learning, and reports and analytics. Ecoppia Ltd. was founded in 2013 and is based in Herzliya, Israel.

Biond Biologics

Series B in 2019
Biond Biologics is a discovery and development company in the prosperous and evolving field of cancer immunotherapy and autoimmune disorders. Biond aims to translate high quality science into breakthrough therapies that will address unmet medical needs while focusing on innovative drugs. Biond is an Israeli company located at Galilee region, combining excellent science and out of the box innovation.

Innoviz Technologies Ltd.

Series C in 2019
Innoviz is a manufacturer of solid-state LiDAR sensors and perception software that enable the mass-production of autonomous vehicles. InnovizPro is a solid-state LiDAR that offers outstanding performance and value for automotive and other applications. InnovizOne is a cutting-edge, automotive-grade LiDAR sensor that provides superior 3D sensing for Level 3-Level 5 autonomous driving. The company is backed by top-tier strategic partners and investors, including Magna International, Samsung, Aptiv, Magma Venture Partners, Vertex Ventures, SoftBank Ventures Asia, China Merchants Capital (SINO-BLR Industrial Investment Fund, L.P.), 360 Capital Partners, Glory Ventures, Naver, Shenzhen Capital Group, New Alliance Capital, Harel Insurance Investments and Financial Services, Phoenix Insurance Company, and others.
Ayala Pharmaceuticals is a clinical-stage oncology company focused on developing and commercializing small molecule therapeutics for patients suffering from rare and aggressive cancers, primarily in genetically defined patient populations. Ayala’s approach is focused on predicating, identifying and addressing tumorigenic drivers of cancer through a combination of its bioinformatics platform and next-generation sequencing to deliver targeted therapies to underserved patient populations. The company has two product candidates under development, AL101 and AL02, targeting the aberrant activation of the Notch pathway with gamma secretase inhibitors to treat a variety of tumors including Adenoid Cystic Carcinoma, Triple Negative Breast Cancer, T-cell Acute Lymphoblastic Leukemia, Desmoid Tumors and Multiple Myeloma (in collaboration with Novartis).