Karat - Israel Electric Corporation

KARAT (Hebrew acronym for "Accelerating Technological Ideas") is an internal venture unit established by the Israel Electric Corporation (IEC). It provides a framework of investment and support services to develop, advance, and commercialize innovative ideas in energy-related fields. KARAT encourages and collaborates with entrepreneurs and innovators to form, support, and finance very early-stage business ventures. It offers financial support through convertible loans, access to IEC's experts, a live electric network for validation and testing, business development services, and access to global strategic partners.