Company Overview
Snapshot
Founded in June 2018 by Arthur Yanai, Level Hydrofoils operates with 1-10 employees. The company is focused on developing stabilized e-foils and in September 2024, news highlighted its proprietary gyroscope stabilization system designed to enhance user experience and energy efficiency.
Business overview
Level Hydrofoils is an Israeli startup in the Automotive & Mobility Technologies sector, specializing in electric mobility and alternative fuels. The company develops stabilized e-foils, utilizing proprietary gyroscope stabilization technology to make hydrofoils more accessible and efficient. Its core product, the e-foil, is designed for the recreational market, aiming to reduce friction and energy consumption by up to 80%. Level Hydrofoils serves consumers in the recreational and lifestyle segments, particularly in fitness and sports, and operates within the broader marine and sports equipment industries.
Strategic signal
In September 2024, Level Hydrofoils was featured for its innovative gyroscope stabilization system, which significantly enhances the stability and energy efficiency of its e-foils. This development is crucial for the marine technology industry, as it addresses key barriers to adoption by making hydrofoiling easier and more accessible for a wider audience. For investors, this signals strong product differentiation and potential for market expansion within the electric watercraft and recreational sports sectors, positioning the company for commercialization and mass production.
Log in to access full profile ›Company Intelligence Q&A
- What is Level Hydrofoils' primary innovation in e-foil technology?
- Level Hydrofoils has developed a proprietary gyroscope stabilization system for its e-foils, which allows users to balance effortlessly and reduces energy consumption by up to 80%. This technology aims to make hydrofoiling more accessible to the general public.
- What market is Level Hydrofoils targeting with its e-foils?
- Level Hydrofoils is primarily targeting the recreational market with its stabilized e-foils. These products are also well-suited for rental and marine excursion applications, aiming to accelerate the adoption of clean and efficient electric watercraft.
- What partnerships has Level Hydrofoils established?
- Level Hydrofoils has established partnerships with IN-VENTech, Haifa Municipality, Technion, Haifa Port, and AWS. These collaborations support the company's development and commercialization efforts.
- When did Level Hydrofoils receive investment from the Israel Innovation Authority?
- In July 2023, Level Hydrofoils received investment from the Israel Innovation Authority and the Israeli National Center of Blue Economy and Innovation.
- What is the estimated cost and availability of Level Hydrofoils' e-foils?
- Level Hydrofoils' e-foils currently cost around $14,000 each. Pre-orders are being taken from a select group of clients, with deliveries expected in 2025.