Technion DRIVE Accelerator

investment firm

About

The Technion DRIVE Accelerator is a 9 month funding and acceleration program for pre-seed and seed companies.

Details

Operating Status
Active
Investor Type
Accelerate

Companies at the Technion DRIVE Accelerator benefit from the Technion's unique eco-system for entrepreneurs and innovators. Benefits include: pre-seed investment, business mentorship, exceptional human capital (researchers, students and a huge alumni network), office space, access to Technion's resources, research facilities , infrastructure etc. It is a manifestation of Technion`s vision to position itself not only as a leading research institution, but also as a generator of new ventures.

Funds Raised

Announced Date Fund Name Money Raised
Jun 29, 2017 Technion DRIVE Accelerator Fund I $200M

Investments

Number of Investments
Number of Lead Investments
5
4
Technion DRIVE Accelerator has made 5 investments. Their most recent investment was on Nov 25, 2021, when Magna Mater Medical raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Seed — Fertility Yes
Jul 6, 2020 BiotaX
Seed — Bioinformatics Yes
Jun 4, 2020 Contilt Ltd.
Seed — Artificial Intelligence Yes
Jun 1, 2018 BeeHero
Pre-seed $1M Agriculture —
Sep 3, 2017 AlephBot
Seed — Analytics Yes

Employee Profiles

Number of Employee Profiles
3
Technion DRIVE Accelerator has 3 current employee profiles, including Executive Benjamin Soffer
Executive
Board member
Advisor