Israel Innovation Authority (IIA)

The Israel Innovation Authority is the support and investment arm of the Israeli government, promoting technological innovation and R&D.

Grant Provider Jerusalem, Israel Est. 2016
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Last updated 2026-08-05
Portfolio
10
in our dataset
Rounds participated
13
Rounds led
9
Rounds' value
$17.9M
total disclosed, rounds participated
Stages
Pre-Seed, Seed, Early Stage Venture, Growth

About

The Israel Innovation Authority (IIA) is an independent publicly funded agency responsible for planning and executing Israel's innovation policy. It provides a variety of practical tools and funding platforms, including non-dilutive grants, to support technological innovation and R&D across various sectors. The IIA aims to strengthen the innovation ecosystem, promote entrepreneurship, and drive sustainable economic growth in Israel. It works with early-stage entrepreneurs, mature companies, academic groups, and multinational corporations.

Portfolio · 10

Ark Surgical
Ark Surgical develops advanced tissue containment systems for minimally invasive gynecologic surgery.
Led ★ 2 rounds $1.1M committed Latest: 2026-08
Fennec Medical
A digital surgery company transforming orthopedic procedures with an AI Surgical Assistant that enhances real-time decision-making in the OR.
Led ★ 3 rounds Latest: 2024-10
Nurami Medical
A biotechnology-driven company advancing innovation in soft-tissue repair, leveraging nanofibers and engineered biomaterials to transform patient recovery.
Led ★ 1 round $4.0M committed Latest: 2024-07
FIZE Medical
FIZE Medical develops an AI-powered fluid management platform for critically ill patients, providing real-time urine output monitoring and early detection of acute kidney injury.
Led ★ 1 round $1.0M committed Latest: 2024-01
NurExone
Developing biologically-guided exosome-based therapies for central nervous system injuries, including spinal cord and optic nerve damage.
Led ★ 1 round $1.0M committed Latest: 2023-08
Forsea
Forsea is a cultivated seafood company that uses organoid technology to produce cell-based products, initially focusing on eel meat.
1 round $5.2M committed Latest: 2022-10
Foresee Genomics
Empowering small and medium-sized labs with fast, affordable, and accurate next-generation sequencing (NGS) solutions.
Led ★ 1 round $2.1M committed Latest: 2021-12
Fabumin
Fabumin is an innovative startup transforming the food industry by recycling cooking water from legumes (Aquafaba) into a versatile powder that replaces egg whites.
Led ★ 1 round $250K committed Latest: 2020
CRiskCo
CRiskCo is a risk and compliance intelligence platform headquartered in New York with offices in Mexico City and Tel Aviv.
Led ★ 1 round $150K committed Latest: 2016-12
NSC Natural Speech Communication Ltd.
A company specializing in speech recognition and natural language processing solutions.
Led ★ 1 round $3.1M committed Latest: 2002-10

Q&A

What is the primary mission of the Israel Innovation Authority?
The Israel Innovation Authority is an independent statutory public entity responsible for planning and executing Israel's innovation policy, providing tools and funding platforms to strengthen the innovation ecosystem and drive economic growth.
When was the Israel Innovation Authority founded?
The Israel Innovation Authority was founded in 2016.
What investment stages does the Israel Innovation Authority support?
The Israel Innovation Authority supports companies across various investment stages, including Pre-Seed, Seed, Series A, and Mature stages.
What are the preferred sectors for investment by the Israel Innovation Authority?
The Israel Innovation Authority prefers sectors such as Biotechnology, Software, Artificial Intelligence, Health Care, Medical Device, Cybersecurity, Climate Tech, and Deep Tech, among others.
What is the geographic focus of the Israel Innovation Authority's investments?
The Israel Innovation Authority's preferred geography for investments is Israel.
Can you name some of the programs offered by the Israel Innovation Authority?
The Israel Innovation Authority offers various programs, including the Ideation Program (Tnufa), The Startup Fund, Technological Venture Incubator Program, and the R&D Fund.
Who is the CEO of the Israel Innovation Authority?
Dror Bin serves as the CEO of the Israel Innovation Authority.
What is the Israel Innovation Authority's thesis?
The Israel Innovation Authority's thesis is to strengthen the innovation ecosystem and promote innovation, entrepreneurship, and disruptive technologies as leverage for inclusive and sustainable economic growth in Israel, through conditional grants, R&D fostering, and future ecosystem preparation.
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