In our mission to invest in world-class technologists, we are excited to announce our investment in Sam Gutmann, Ariel Berkman, Eran Cohen, and Ori Yankelev – the founding team at OwnBackup, the leading cloud-to-cloud backup and recovery service for Salesforce, social media channels, and now ServiceNow. OwnBackup helps mid-sized and large enterprises protect their business-critical SaaS application data and provides access to restore tools to minimize disruption to operations, ensure business continuity and meet compliance requirements. In doing so, Sam, Ariel, Eran, and Ori are tackling the challenging problem of SaaS dependability, which has the opportunity to rapidly drive massive mainstream enterprise SaaS/cloud adoption.Read More
2015 was an exciting year in AgTech. As a Farm2050 collective, we looked at 531 companies and made over 100 introductions between startups and our partners. We were inspired by these entrepreneurs’ aspirations to rethink the food system and how we can feed a growing population. From seeds to food processing, we learned about the complexity of the system, the challenges ahead, and where the opportunities are. Our experiences in talking to experts, meeting with startups, attending conferences, and meeting with farmers over the last 12 months taught us some key lessons about the industry and innovation landscape.Read More
No matter how we cut it, the livestock production process is inefficient.
But with all inefficient processes comes an opportunity - in this case, a moonshot opportunity to revolutionize the way we think about food, resources, health, nutrition and the sustainability of our planet.Read More
In our mission to invest in world-class technologists, we are excited to announce our investment in Adam Compain, Will Harvey, and Diego Canales - the founding team at ClearMetal, a predictive logistics company, applying data science to unlock unprecedented efficiency for global trade. Adam, Will, and Diego are tackling a challenging problem that has the opportunity for large-scale impact in how we optimize the movement of goods across an increasingly global economy.Read More
By now, nearly everyone has been exposed to the Internet of Things (IoT) in one way or another, whether through a Fitbit bracelet, a Nest smart thermostat, or now even the Apple watch. But despite all of the hype, IoT is still something of an enigma, both to laymen and investors alike, and from Silicon Valley all the way to Tel Aviv. Moreover, for a number of reasons including a history of Israeli failures in the consumer and hardware spaces, there is a general lack of belief that Israel can be a leader in IoT.
However, at Innovation Endeavors in recent months, we have seen a growing amount of impressive IoT activity coming out of Israel. This intrigued us and led us to do a three-month deep dive into the space. The goal was to both demystify the existing understanding of IoT and identify the trends, sectors, and technologies that can serve as significant opportunities for Israeli entrepreneurs in this space.Read More
Google’s photo app can find photos of “cats” for you in your library. Speech software can transcribe and translate lectures real-time. These emerging and innovative solutions are rooted in deep learning, a form of artificial intelligence. Increasingly popular and powerful, deep learning utilizes neural networks, systems that are loosely inspired by the interconnected neurons of the human brain, to learn to perform tasks on vast amounts of data. Deep learning is picking up speed - just last week, Google released its own deep learning engine TensorFlow, making it open source. Opening up such advanced algorithms is likely to accelerate progress in the machine and deep learning world, moving us more quickly toward applications that we envision will solve the big problems in healthcare, security, even agriculture.Read More
Among the C-suite and in most boardrooms today, cybersecurity looms like a mythical dragon threatening to “destroy us all” – and herein lies the problem. By relegating cybersecurity to the land of nymphs and fairies, the C-suite is unable to create a real picture of what is happening and what they can do to protect their organizations. If we are going to manage cybersecurity risk, we need to demystify it. Building a solid foundation for good cybersecurity is hard work. Effective cybersecurity is not something that can simply be bought and installed, it must be part of an organization’s overall business strategy. The C-suite needs to become more cyber literate and take control of what they have, until now, relegated to other departments.Read More
Recognizing the revolution in genomic sequencing and its potential impact on diseases like breast cancer, we were thrilled to invest in Color Genomics last year. Color Genomics offers a clinical-grade, comprehensive genetic test for breast and ovarian cancer risk at an affordable price ($249 vs. $4,000). With 10-15% of the breast and ovarian cancer cases linked to genetic mutations, we see the opportunity for better early detection and awareness.Read More
I spent the last couple of days in Auckland, New Zealand, exploring the local startup scene. Led by my friends from Finistere ventures and sponsored by the New Zealand government, we had a chance to meet with some of the top startups, investors, research institutions and government agencies in the country. I wanted to share some observations from my travels.Read More
Over the past several months, we have been taking an internal deep dive into the growing area of engineering biology and the impact it will have on the future of personalized therapeutics, drug development, genetic diagnostics and disease prevention. We will shortly share our insights as well as an innovation map we developed of players in the field. In the meantime, we also wanted to share some of the recent innovators in this space that we had the opportunity to meet during the BIOCON event we co-hosted with Indie Bio and Data Collective a couple of weeks ago. On August 17th, we brought together a packed house of top technologists, scientists, investors and entrepreneurs. As evidenced by the standing room only crowd, we are not the only ones excited to learn about the future of engineering biology.Read More