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