EISP 8200 and 8200 Impact join forces to launch cohort for wartime startups
EISP 8200 and 8200 Impact join forces to launch cohort for wartime startups
The cohort, part of the 8200 Alumni Association’s acceleration program, included for the first time an emphasis on personalized acceleration as well as characterization and monitoring of the needs of each entrepreneur according to their target market and war constraints
EISP 8200 and 8200 Impact have unveiled the 16 startups taking part in their joint cohort for wartime startups. The cohort, part of the 8200 Alumni Association’s acceleration program, was launched for the first time between the two flagship programs. According to data provided by the association, 81% of the startups had employees and/or founders serve in the reserves since October 7, with 31% of these having both employees and founders serving in the reserves.
The Demo Day for the 14th cohort of the 8200 Alumni Association’s acceleration program was attended by over 200 investors, mentors, and leading figures from the Israeli technological ecosystem. The program began in April and lasted three months. It included focused content and practical workshops with key figures in the ecosystem, a personal mentoring process with industry mentors, and professional advice from program partners among the leading companies and firms in the local and global ecosystem.
For the first time, the programs emphasized personalized acceleration, including ongoing characterization and monitoring of the needs of each entrepreneur according to their target market and war constraints. This included guidance, connections, and support tailored to these needs.
Companies also received tools for developing emotional and mental resilience not only necessary for entrepreneurs but for those also in times of war. Professional guidance from a dedicated psychologist within the program was included, as well as help in implementing Generative AI tools.
The companies that took part include:
- VSL Labs - which improves accessibility to communication and information for the deaf and -hard-of-hearing community
- TextRe - which changes the composition of fabric raw materials to a more sustainable alternative
- TOKO - which is an AI platform that creates dialogues between individuals for emotional resilience and well-being
- Eat ID - which is an AI tool that helps mediate between catering companies and a diner's nutritional needs
- MersivX - which is a platform offering a realistic, three-dimensional virtual shopping experience across all digital devices
- Adge.AI - which uses AI to analyze the database of marketing content across the web, create insights tailored and unique to a brand
- Wakka - which uses AI to help teach coding, data, and AI
- Evolinq - which is an AI SaaS supply chain management platform for the EMS, OEM, and automotive industries
- AgriPass - which is an AI-base weeding solution or sustainable agriculture
- PaxAI - which helps simplify the divorce process using AI to help couples achieve the best settlements
- Remembell - which uses AI to improve B2B lead nurturing and improve engagement and conversion rates
- Auditty - which has built a real-time log optimization platform for DevOps and SREs to reduce log volumes by 96% at the source
- Boosst - which is an AI-powered M&A platform for SMB acquisitions by finding matching deals, analyzing business data, and facilitating a deal flow
- Naki - which is transforming untreatable food industry sludge into valuable material through a chemical and carbon-negative process
- neuro-fi - which enhances focus and engagement by personalizing audio content to synchronize brain activity for concentration or relaxation
- NayamWings - which helps the maritime industry use free wind energy with its advanced wind propulsion systems
Most of the companies were in the POC and MVP stages with roughly a third having paying customers. The accelerators operate with the support of companies such as Bank Hapoalim and Poalim Hi-Tech, Harel Insurance and Finance, Naschitz Brandes Amir Law Office, EY, Ford, Doral, AWS, Altshare, BRM GROUP, DENSO, P&G, Schindler Financial Consulting Services, Libertad Fund, Questrade, 8200Labs, Initiative MFI, 8200Climate, 8200Bio.
The 8200 EISP program was established in 2011 as a non-profit to grow and support the community of beginning entrepreneurs in Israel. To date, the program has operated 14 cycles and supported 204 startups with cumulative fundraising of over $1 billion, including 10 exits and creating over 2,150 new jobs. The 8200 IMPACT program was established in 2013 as the first acceleration program in Israel dedicated to promoting startups developing advanced technological solutions for social and environmental problems. To date, it has completed nine programs, supported over 90 companies, created over 200 new jobs and raised over $126 million.
