Plasmatica

growth-positive

MassChallenge Israel held its inaugural awards ceremony for its first startup accelerator cohort. Ten finalists presented their startups, with two receiving cash prizes of ₪300,000 and three receiving ₪125,000. The winning startups included EggXYt, which has developed a technology to determine the gender of chicken embryos before incubation, and StellarNova, which aims to encourage girls engagement with science. Other winners included EyeControl, which is developing a communication device for people with ALS, Plasmatica, which has a technology to solve fogging problems on optical surfaces, and Versatile Natures, which has developed a multi-sensor IoT for construction cranes. MassChallenge Israel has been incubating 48 startups since July and is part of the larger MassChallenge organization.

growth-positive

MassChallenge, a Massachusetts-based accelerator program, has awarded its first-ever zero-equity prizes to Israeli startups. Five companies received awards totaling 1 Million NIS ($250,000). The awards were announced at a ceremony held at the Hebrew University campus on November 9th. MassChallenge chose to expand into Israel because it considers the country to be the most startup-friendly accelerator on the planet. The winning startups include Eggxyt, which developed a way to determine the sex of chicken embryos, and StellarNova, which aims to inspire young girls to get involved in science. Three other companies also received awards. MassChallenge plans to continue working with these startups and key players in the ecosystem to create a significant impact in Jerusalem and beyond. The company has accelerators in five countries and has helped accelerate over 1,200 startups.