About
The Galilee Accelerator for Smart Industry is a program dedicated to early-stage Israeli start-ups, developing solutions and business models to transform the manufacturing sector. The program is managed by Braude Academic College of Engineering in Karmiel together with the KLA, Philips, i4valley, and the municipalities of Karmiel, Misgav and Beit Hakerem. The accelerator is focused on start-ups targeting manufacturers as customers, as part of the innovation wave called Industry 4.0. This includes advanced technologies in manufacturing, maintenance, factory management, supply chain, logistics, and more. The accelerator seeks entrepreneurs and start-ups in the pre-seed to seed stages, before the growth phase We have two cohorts a year - wave1 for the super early stage - even with just an idea, before market validation. Then wave2 - for startups with some initial progress: an MVP (Minimal Viable Product) or prototype, a team, and at least some initial validation with customers.
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Investor Intelligence Q&A
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- What is the primary focus of The Galil Accelerator for Smart & Sustainable Industry?
- The Galil Accelerator for Smart & Sustainable Industry focuses on early-stage Israeli startups developing solutions and business models to transform the manufacturing sector, specifically targeting Industry 4.0 innovations.
- What stages of startups does The Galil Accelerator for Smart & Sustainable Industry typically support?
- The Galil Accelerator for Smart & Sustainable Industry seeks entrepreneurs and startups in the pre-seed to seed stages, before the growth phase. They have two cohorts annually: 'wave1' for super early-stage ideas and 'wave2' for startups with initial progress like an MVP or prototype.
- Which major corporations are partners in managing The Galil Accelerator for Smart & Sustainable Industry?
- The Galil Accelerator for Smart & Sustainable Industry is managed by Braude Academic College of Engineering in Karmiel, in partnership with KLA, Philips, and i4valley, along with the municipalities of Karmiel, Misgav, and Beit Hakerem.
- How many startups has The Galil Accelerator for Smart & Sustainable Industry graduated?
- The Galil Accelerator for Smart & Sustainable Industry has an alumni count of 27 startups.
- When was The Galil Accelerator for Smart & Sustainable Industry founded?
- The Galil Accelerator for Smart & Sustainable Industry was founded in October 2013.
- What are some notable portfolio companies that have completed the accelerator program?
- Notable alumni of The Galil Accelerator for Smart & Sustainable Industry include Convaze, which focuses on AI-based vehicle storage solutions, and RobotAI, which develops AI-based software to transform cameras into 3D measurement devices.
- What kind of technologies does The Galil Accelerator for Smart & Sustainable Industry emphasize?
- The accelerator emphasizes advanced technologies in manufacturing, maintenance, factory management, supply chain, logistics, and more, aligning with Industry 4.0, including tags like automation, IoT, and predictive maintenance.
- Has Philips recently joined as a partner to The Galil Accelerator for Smart & Sustainable Industry?
- Yes, Philips joined as a partner to The Galil Accelerator for Smart & Sustainable Industry, focusing on Industry 4.0, as reported in June 2022.