Five startups are set to graduate on the end of July from the first Tel Aviv cohort of Google for Startups Residency, the company’s startup residency program. First introduced in October 2018 in six cities—London, Madrid, São Paulo, Seoul, Tel Aviv, and Warsaw—the program has been in operation in Israel since early 2019.
For five months, participating startups, chosen out of some dozen applicants, enjoyed workspace at Google’s Tel Aviv campus and access to the corporate’s resources, from technical help to networking alternatives. “We didn’t seek for a specific startup profile,” Irwin Boutboul, Google’s program mentor, stated in a recent interview with Calcalist. Google could select an interesting group or product, but also a domain in which the corporate is uniquely equipped to assist, he stated.
Google has no hidden agenda, Boutboul mentioned, it merely desires to be a part of the success stories of those startups.
The five participating startups are Tel Aviv-based Saillog Ltd., an organization utilizing artificial intelligence algorithms to assist farmers in identifying and treating agricultural diseases and pests; Tel Aviv-based Gaviti Akyl Ltd., a funds administration software program developer; Agamon Technologies Ltd., which helps healthcare organizations manage and extract actionable insights from data; Mona Labs Ltd., which develops an algorithm high quality verify system for firms utilizing artificial intelligence models for giant data; and data compliance firm Dattor, incorporated as Pairser Ltd.
Google’s mentors for its international residency programs touch base once a week to exchange professional insights and concepts. The differences between entrepreneurs within the different nations are easy to see, Boutboul stated. “In Israel, there’s a Startup Nation environment and a daring mentality,” he mentioned. “Entrepreneurs aren’t afraid to try various things and various directions.”