Israeli startups Clair Labs, InnerPlant secure seed funding

 Israeli startups Clair Labs, InnerPlant secure seed funding

Israeli healthcare technology startup Clair Labs and agri-tech company InnerPlant have raised seed funding.

Tel Aviv-based Clair Labs said it has raised $9 million in a seed funding round led by Israeli venture capital firm 10d. US-based SleepScore Ventures, Israeli fund Maniv Mobility and London-based fund Vasuki also invested.

Clair Labs will use the money to hire people for its Tel Aviv-based research and development centre, open a new office in the US, develop its sensors used in monitoring patients and enhance the scope of its clinical trials.

Clair Labs uses sensors to monitor people’s heart rate, body temperature, oxygen concentration, air flow and the rate of respiration.

The startup was founded in 2018 by chief executive officer Adi Berenson and chief technology officer Ran Margolin. Both were earlier colleagues at Apple Inc. Bernson had worked as a vice president with PrimeSense, a 3D technology company that was bought by Apple.

10d’s portfolio includes Stuff That Works, Acumen, Day Two and Obligo. It has earlier invested in and exited companies like Waze, Moovit, Argus, FreeD, Core Photonics, Applitools and DesignArt, to name some.

InnerPlant

The agri-tech company has raised $5.65 million in pre-seed and seed funding round led by MS&AD Ventures, the investment arm of Japan’s MS&AD Insurance Group.

Bee Partners, Up West, and TAU Ventures also took part in the round, InnerPlant said.

The Us-headquartered company makes living plant sensors that detect disease within hours. This, the company says, helps farmers to quickly take corrective actions to protect their crops.

The company was startup in 2018 by CEO Shely Aronov and chief technology officer Roderick Kumimoto. The company said it will use the capital on product development for the crop risk management and food supply chain sectors.

Aman Malik

The Capital Quest