In the video: Researchers from Tel Aviv University succeeded in genetically engineering a human spinal cord to treat paralyzed people/Walla system!
The garage has indeed become over the years the symbol of the location where an idea becomes a large company, but in practice the innovative ideas are implemented into initial start-ups in a variety of places, among them the research laboratories at universities, which together with start-ups that came out of medical centers made up about 13% of the total of Israeli start-ups in 2020. According to ITNN data for this year.
An investigation by Global University Venturing (GUV), which monitors university research spin-offs and investments in them, found that an astronomical sum of approximately $158 billion was invested between 2013 and 2022 in approximately 8,042 spin-offs (subsidiaries that broke away from the parent company).
Most of the investments were made during 2021, when about 41 billion dollars were invested in companies born in universities, and in 2022 the amount has already decreased to about 25.3 billion dollars, the main part of which is in health companies (about 12.7 billion dollars), IT (4.5 billion dollars), industry (about -3 billion dollars), energy (about 2.4 billion dollars), and more.
Linking universities to investment raises an immediate association with the US, but GUV data shows that the top 20 universities in fund activity on their behalf are British and Japanese, with the universities of Tokyo and Oxford in second and third place, respectively, after the IP Group Foundation, which serves as an investment fund for several universities
. Oxford (OSE), for example, has invested approximately $1.1 billion since it was founded in 2015 until 2022, the last date on which its data was examined by GUV.
In Israel, the university fund of Tel Aviv University - TAU Ventures, which invests in startups at the seed and Pre Seed, and give them the shell of the university. This is also the next investor that Walla! Money allows you to glimpse her, with the eyes of investors returning to the local Tech swamp.
"Building companies in times of crisis creates extraordinary opportunities and successes."
TAU Ventures fund team/Adi Eckstein
Fund manager:
Nimrod Cohen, founding partner.
When established:
2018.
Location of the fund's offices:
Tel Aviv.
Value of managed assets:
70 million dollars.
Among the fund's investors:
Family Office, private equity companies from the USA, Canada, Europe and Japan, and private investors.
Areas of investment:
all areas except pharma and medical devices.
The range of the average check for investment:
up to one million dollars.
Amount of investments made so far:
25 Among
the companies she invested in:
Swimm, Xtend, InnerPlant.
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Cohen.
Moved from the basketball court to the world of technology/Adi Eckstein
The fund's forecast for 2024:
"It is expected that the difficulty of raising funds will continue during 2024 and will lead to the closure of a significant number of companies. However, those who survive the period will emerge strengthened and benefit from a positive wave, which we estimate will begin towards the end of the year or during the year 2025.
"At the same time, it is evident that Entrepreneurs who set up activities this year are not afraid to take a risk and have past evidence on their side, which shows that building companies in times of crisis creates extraordinary opportunities and successes.
"Another thing must be remembered, and that is that the AI revolution is shaking the world of software, and the technology of many companies has lost its uniqueness overnight, and thus their future is also in danger. In the past revolutions (Internet, mobile, cloud), in the first stage the infrastructure is created and then the applications are developed, and this is also what that we see and will continue to see around the world of AI.
"We believe that in the future we will see a stable government in Israel that will maintain peace agreements with Saudi Arabia, a wave of quality immigration, and the beginning of economic, social and cultural prosperity
.
" He served as chairman of the Hapoel RG basketball club. At the same time as his playing career, he studied for a bachelor's degree in law and business administration at Reichman University, from where he entered the worlds of the Internet and technology.
He is the founder of a sponsor website alongside other companies, and served, among other things, as a partner in the "Plas Venture" transportation investment fund Res".
He runs 3 times a week regularly, and when he is in Israel he can be found running in the Yarkon Park area, Tel Aviv Port and Jaffa, and in between he has also been practicing yoga for nearly 20 years.
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High tech
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Tel Aviv University