Quantum Hub
Deal Flow
April 2024
Dear Partners,
Welcome to Quantum's April 2024 Deal Flow report!
You will find 4 sections in the report:
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Discover the latest in the Israeli tech ecosystem with our Ecosystem News, highlighting events, announcements, & investments.
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Stay informed about Quantum activities in our Quantum Hub News.
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Explore our Spotlight section for in-depth insights into the most intriguing companies of the month.
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For a comprehensive overview, dive into our Full Deal Flow Report, featuring relevant companies from our focal sectors.
We value your feedback, so feel free to share your thoughts and questions!
Quantum Team Identifies Partner Challenges to Streamline Technology Adoption
We are pleased to report that the Quantum team has conducted thorough mapping and identification exercises, gathering valuable insights into our partners' needs and challenges. This initiative aims to expedite the adoption of new and pioneering technologies among our partners, facilitating faster integration and implementation processes.
By aligning our efforts more closely with the specific needs of each partner, we are confident that the process of adopting new technologies will be significantly streamlined, leading to enhanced efficiency and effectiveness.
DLR <> Hyundai <> UPS Israel PoC
The Company:
DLRob developed a plug-and-play robot software platform incorporating advanced HRI technologies, including patented functionalities enabling robots to learn and replicate new skills by observing and imitating human behavior. DLRob is currently investing. The software and technology assist in the automation of logistics and manufacturing tasks.
The PoC:
Our PoC center at Talcar company is a KIA 2500 vehicle with a Universal Robotic Arm and DLR Gripper. A SPOT was placed on the truck, along with a box attached to the back for UPS shipping. The DLRob-powered robotic arm autonomously picked up packages outside the KIA vehicle and placed them inside. In the second step, the DLRob-powered robotic arm collected packages from the car cargo shelves and placed them on SPOT's back.
Quantum News
Ecosystem News
#1
Nvidia Makes Major Israeli Acquisitions
Nvidia, a prominent chip giant, has recently finalized its acquisition of two Israeli startups, Deci and Run:ai, marking a substantial investment in the Israeli tech landscape. The acquisition of Deci, valued at approximately $300 million, underscores Nvidia's commitment to expanding its expertise in artificial intelligence (AI). Deci, founded in 2019, specializes in automating the design of deep learning models to enhance performance, aligning with Nvidia's AI-focused strategy. The acquisition follows Nvidia's previous purchase of Run:ai for $700 million, emphasizing its dedication to bolstering AI infrastructure orchestration and management capabilities. Run:ai, established in 2018, offers a Kubernetes-based container platform tailored for AI workloads, facilitating efficient GPU resource allocation. These acquisitions reflect Nvidia's proactive approach to addressing partner challenges and accelerating the adoption of cutting-edge technologies, particularly in AI and machine learning. With these strategic investments, Nvidia reinforces its position as a leading player in the global tech industry, poised for continued growth and innovation.
Gallium Nitride Devices for Electric Application
VisIC Technologies specializes in the development of gallium nitride (GaN) devices for xEV applications, with a focus on advanced automotive and data center solutions. Its efficient and scalable products are based on deep technological knowledge derived from decades of semiconductor experience in GaN.
Hybrid Propulsion System
The Lowental Parallel Hybrid System represents an advanced propulsion solution for UAVs, combining both electric and internal combustion engines. This hybrid system, available in three variations (LH-01, LH-02, LH-03), offers versatility to cater to diverse mission requirements. The advantages of this system include the synergy of an electrical motor and an internal combustion engine, providing high output power, low geometrical signature, and various operational modes. With features like a lighter UAV battery package, tripled mission time, and the ability to switch between electric and ICE modes.
AI Automation Platform for Supply Chain Reconciliations
Fixefy provides a platform designed to transform commercial supply chain relationships by using end-to-end agnostic connectivity and data augmentation to unify the flows of material, information, and finance.
The company's context-based B2B network digitizes contracts, price lists, service level agreements, and raw operational data to create information integrity, thereby optimizing supply chain profits by reducing transactional costs, eliminating duplications, and capturing missing charges.
Spotlight
Deep Innovations
Production Grade Computer Vision Platform for Cloud-AI
Lowental Hybrid
Hybrid Propulsion System
AirLinx.ai
Drones Technology
Twilight Cyber
Asset Monitoring and Breach Detection Platform
Full Deal Flow
#2
Israeli Cloud Security co Wiz Raises $1B at $12B Valuation
Israeli cloud security company Wiz has announced the completion of a $1 billion financing round at a company valuation of $12 billion. This brings the total amount raised by the company to $1.9 billion.
The latest round is led by Andreessen Horowitz, Lightspeed Venture Partners, and Thrive Capital, with participation from Greylock, Wellington Management, and existing investors Cyberstarts, Greenoaks, Howard Schultz, Index Ventures, Salesforce Ventures, and Sequoia Capital.
The financing round follows the acquisition of Israeli cloud detection and response company Gem Security for $350 million in March. The acquisition has enabled Wiz to expand its cloud-native application protection platform.
Wiz, which was founded in 2020 by Rappaport, Ami Luttwak, Roy Reznik, and Yinon Costica, has 900 employees in Israel, the US, Europe, and Asia and plans to hire over 400 new employees this year, some of them in Israel.
#3
Unveiling the Future: Automotive IQ's 2024 Report on Generative AI in Automotive Transformation
The Automotive IQ's Generative AI for Automotive: Industry Report 2024 provides a comprehensive analysis of the evolution of Generative AI within the automotive sector. Highlighting the keynote address by Jörg Reichardt at the Generative AI for Automotive conference in Frankfurt, Germany, the report emphasizes the transformative potential of Generative AI in reducing costs, enhancing efficiency, and reshaping traditional automotive operations.
In response to the growing recognition of Generative AI's impact, Automotive IQ orchestrated the world-first Generative AI for Automotive summit in February 2024, convening experts from various domains such as AI, Machine Learning, IoT, Data Modeling, and Cybersecurity. This groundbreaking event facilitated crucial dialogue and information exchange on the practical application of Generative AI technology in real-world automotive scenarios.
Contributions from key industry figures like Augustin Fridel (MHP – a Porsche Company), Roy Fridman (C2A Security), Andreas Graf (itemis), Sebastian Wienhold (ZF Group), and Jörg Reichardt (Continental) enrich the report with valuable insights. The report delves into the impact of Generative AI on automotive R&D, product and vehicle design, process automation, and cybersecurity, among other areas.
Methodologically, the report draws from a Generative AI Industry Survey conducted at the 2024 Frankfurt Summit, comprising 92 respondents from global OEMs, Tier-1, and Tier-2 suppliers. Additionally, in-depth interviews with European, North American, and Asian vehicle manufacturers and Tier-1 companies shed light on the practical implications of Generative AI within the industry. Secondary research, including press releases, industry publications, and reports, supplements primary findings.
While the report strives to provide comprehensive insights into Generative AI's role in automotive transformation, it acknowledges potential risks, such as data privacy and security concerns, which require careful management. Ultimately, Automotive IQ remains committed to supporting automotive organizations in navigating the evolving landscape of Generative AI and staying ahead of industry transformations.
#3
Unveiling the Future: Automotive IQ's 2024 Report on Generative AI in Automotive Transformation
The Automotive IQ's Generative AI for Automotive: Industry Report 2024 provides a comprehensive analysis of the evolution of Generative AI within the automotive sector. Highlighting the keynote address by Jörg Reichardt at the Generative AI for Automotive conference in Frankfurt, Germany, the report emphasizes the transformative potential of Generative AI in reducing costs, enhancing efficiency, and reshaping traditional automotive operations.
In response to the growing recognition of Generative AI's impact, Automotive IQ orchestrated the world-first Generative AI for Automotive summit in February 2024, convening experts from various domains such as AI, Machine Learning, IoT, Data Modeling, and Cybersecurity. This groundbreaking event facilitated crucial dialogue and information exchange on the practical application of Generative AI technology in real-world automotive scenarios.
Contributions from key industry figures like Augustin Fridel (MHP – a Porsche Company), Roy Fridman (C2A Security), Andreas Graf (itemis), Sebastian Wienhold (ZF Group), and Jörg Reichardt (Continental) enrich the report with valuable insights. The report delves into the impact of Generative AI on automotive R&D, product and vehicle design, process automation, and cybersecurity, among other areas.
Methodologically, the report draws from a Generative AI Industry Survey conducted at the 2024 Frankfurt Summit, comprising 92 respondents from global OEMs, Tier-1, and Tier-2 suppliers. Additionally, in-depth interviews with European, North American, and Asian vehicle manufacturers and Tier-1 companies shed light on the practical implications of Generative AI within the industry. Secondary research, including press releases, industry publications, and reports, supplements primary findings.
While the report strives to provide comprehensive insights into Generative AI's role in automotive transformation, it acknowledges potential risks, such as data privacy and security concerns, which require careful management. Ultimately, Automotive IQ remains committed to supporting automotive organizations in navigating the evolving landscape of Generative AI and staying ahead of industry transformations.
Colombian Delegation visited at quantum hub
We eagerly anticipate your active participation and contribution in identifying the most promising ventures within our ecosystem