Israel Innovation Authority

About

Portfolio · 7

Moonshot Space

Moonshot Space is developing an on-demand electromagnetic launch system enabling rapid, reliable, and cost-effective infrastructure deployment to orbit and high-throughput hypersonic testing.

Led ★ 1 round $12.0M committed Latest: 2025-12

TurboGen

Developer of multi-fuel micro-turbines for on-site electricity and heat production in buildings.

Led ★ 7 rounds $17.5M committed Latest: 2025-08

Kimba

Kimba is a health tech startup that uses AI scent technology to help millions get a better night's sleep.

Led ★ 1 round Latest: 2024-06

Elsight

Provider of secure & uninterrupted connectivity solutions for unmanned and autonomous systems.

Led ★ 1 round $450K committed Latest: 2022-11

New Photonics

NewPhotonics specializes in optical connectivity solutions, developing integrated photonic circuits and optical processing technologies to address bandwidth and power challenges in AI-driven applications.

Led ★ 1 round $12.8M committed Latest: 2022-10

TopGum

A leading developer and manufacturer of gummy dietary supplements, combining science, innovation, and creativity to redefine functional gummies.

Led ★ 1 round $600K committed Latest: 2021-03

NewMed Energy

Israel's leading energy partnership in the exploration, development, production and sale of natural gas and condensate.

Led ★ 1 round $2.5B committed Latest: 2020-01

Q&A

What is the primary role of the Israel Innovation Authority?

The Israel Innovation Authority (IIA) is the central governmental body responsible for fostering and advancing Israel's innovation ecosystem. It acts as the support and investment arm of the Israeli government, planning and executing the country's innovation policy.

What types of funding does the Israel Innovation Authority provide?

The Israel Innovation Authority provides non-dilutive funding, strategic support, and regulatory guidance to startups and established companies. Its check size ranges from $75,000 to $26,000,000 USD.

What investment stages does the Israel Innovation Authority focus on?

The Israel Innovation Authority focuses on Pre-Seed, Seed, and Series A investment stages.

Which sectors does the Israel Innovation Authority prioritize for investment?

The Israel Innovation Authority prioritizes sectors such as Artificial Intelligence, Bioconvergence, Climate Tech, Advanced Manufacturing, Deep Tech, and Cybersecurity, among others.

Can you name a recent investment made by the Israel Innovation Authority?

In October 2024, the Israel Innovation Authority participated in a Seed round for Lidwave.

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 for investment?

The Israel Innovation Authority's thesis is to preserve and strengthen Israel's technological leadership and entrepreneurial culture, increasing economic value through output, exports, quality employment, and maintaining Israel's position at the forefront of global innovation.

What are some of the funds managed by the Israel Innovation Authority?

The Israel Innovation Authority manages several funds, including the Startup Fund, the Yozma Fund (established in 1993), and the Israel Innovation Authority Fund (established in 2024).