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The projects that were selected for the first cycle of Quantum SPARK - the Quantum Hub POCs program

Posted bywritten byTony Malinkovich Technology NewsBusiness Link to Original Article:

Quantum team. Credit: Quantum Hub

Energy storage from airborne moisture, semi-autonomous driving, monitoring and treatment of air pollution in vehicles, IoT for factories and computer vision for airports - these are the areas in which selected startups are involved in the first cycle of Quantum SPARK, Quantum Hub's POCs program. Quantum Hub is the innovation center of the Livnat-Livnat Group, in collaboration with the Hyundai Group (Korea), the VDL Group (the Netherlands) and the Tadiran Group. The five projects were selected from over 100 who applied for the program, and after a rigorous screening process of the parent team and partners, representatives of leading funds and a selection committee in which 15 projects were presented, from which the finalists were selected. The program will accompany the selected startups for 12 weeks and will involve about 40 experts and mentors from a variety of companies in the industry - from CEOs and VPs of industrial companies to proven and well-known entrepreneurs in the industry. The purpose of the program is to build POCs (Proof of Concept) processes in collaboration between the startups and the commercial partners participating in the program. Quantum SPARK offers several avenues that will help the growth of participating companies. First, for the purpose of the program, a special model was built that fits a 'personal suit' for each startup, with the understanding that each startup is different in nature and has different needs. In addition, the startups will have direct access to more than 200 companies in Israel and around the world, which will allow them to examine the size of the potential market and adjust their value proposition to the market. These are also joined by a team with over 40 years of experience in setting up companies, promoting entrepreneurs and raising funds for companies, which will benefit the companies. The projects participating in the program

  • ThermoTerra - Use of green energy, created as a result of changes in humidity in the air, for the benefit of heating and cooling of buildings and areas.

  • AutoTrust - A solution for optimal utilization of safety systems and semi-autonomous driving, with full consideration of the road conditions and in accordance with the driver's driving habits.

  • Crispify - a system for monitoring and managing air quality, focused on the field of vehicles and mobility. For car companies, the company offers a complete solution, which turns any existing climate control system into an automatic air purification system.

  • S ira j Technologies - IoT solution for the world of production which allows the connection of all end products to the cloud as well as analysis and presentation of the data on each interface.

  • IntellAct - SaaS platform based on computer vision and machine learning for management and optimization of flight preparation processes (Turnaround) for flight.

  • Safemode - Professional driver incentive software that contributes to raising drivers' motivation for safe and economical driving through customized bonus programs.

"This is the first time a program has been opened in Israel that brings together under one roof such a large number of industrial companies, both local companies on the scale of thousands of employees and leading international companies. We are confident in our ability and that of our partners to give them significant value and create strategic partnerships between them and our partners. At a customer's goal, and that is - beyond investment and content - the most significant value we provide to entrepreneurs. "

- Rotem Shacham, CEO of Quantum Hub


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