Israel’s Voyantis, Spiritt, Maolac get seed money; Volvo’s VC arm backs Optibus

 Israel’s Voyantis, Spiritt, Maolac get seed money; Volvo’s VC arm backs Optibus

Israeli prediction-based growth operating system Voyantis has raised $19 million in a seed funding round from a bunch of marquee investors.

Voyantis’ backers include Target Global, Square Peg, Schusterman Family Investments, Kaedan Capital, Stormbreaker, Jibe Venture, Two Lanterns, and Operator Partners. These investors were joined in the round by executives at Adobe, Shopify, Doordash, Tinder, and Facebook.

The startup was founded in 2020. It said it will use the money to develop its codeless artificial intelligence platform that helps growth and marketing teams to acquire and retain high-value users for long-term profitability.

“Talking to hundreds of customers we realized that there’s a need to shift from decision making based on spreadsheets and calculations, to decision making based on machine learning and predictions,” said Ido Wiesenberg, CEO and co-founder of Voyantis. “Another realization is that predictions alone are not enough, the capability to seamlessly act on them is no less important. That’s why we built the platform to support both decision-making, and actions with zero R&D needed.”

Spiritt

Israeli startup Spiritt has raised $5.5 million in a seed funding round led by Izhar Shay, a former science and technology minister and an independent partner at the Disruptive AI venture capital fund.

Shay was also joined in the round by the Silicon Valley Bank.

Spiritt helps in the development of complex apps by describing the concept to a computer without the need to write code. The nine-employee strong company was founded in June 2020 by two 24-year-old entrepreneurs, Tamir Magen (CEO) and Or Kliger (President and Chief Technology Officer). They were joined by Lidor Cohen, the company’s VP of research and a former Google software architect.

The startup said it will use the investment to meet demand from the growing customer base, expand R&D and marketing teams, and support ventures that are set up under Spiritt.

Maolac

Israeli food-tech startup Maolac has raised $3.2 million in a seed funding round led by OurCrowd.

The Kitchen FoodTech Hub, founded by the Strauss Group, The Food Tech Lab, VentureIsrael, NEOME, and Mediterranean Towers Ventures also joined the round.

The round will help Maolac develop technology to harness the benefits found in breast milk to create superfood by extracting the same proteins from bovine colostrum or plant-based analogs, the startup said.

Maolac was founded in 2018 by biomedical engineer Maya Ashkenazi-Otmazgin, immunity expert Ariel Orbach, and Eli Lerner.

Maolac said it will use the money to build a state-of-the-art facility that will feature small-scale production capabilities. The facility will also be able to create analytics and samples for customers and clinical trials.

The startup also said it is in advanced discussions on joint development agreements with several Israeli companies in the food and supplements markets. It is also in talks with several dairy protein producers and global dairy, ingredient, and supplement companies.

Optibus

Israel-based Optibus Ltd has received an undisclosed amount as investment from Volvo Group Venture Capital AB, the venture capital arm of the Volvo Group.

Led by CEO and co-founder Amos Haggiag, Optibus offers a scalable SaaS platform for transportation planning and operations. It says its solution is in use in 1,000 cities in 26 countries across North and South America, Europe, Middle East, Africa and Asia Pacific.

Volvo said its VC arm’s investment in Optibus will help accelerate the digitalization and electrification of the global public transportation sector.

Aman Malik

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