🍾As 2023 gracefully concludes, Elron Ventures proudly reflects on a year that tested our resilience and magnified our unwavering commitment to our community and innovation.
Despite grappling with global economic challenges, local legal revolution, and the horrible October 7 brutal Hamas attack followed by the Iron Swords war, we proudly take part in initiatives of 'delivering #nomatterwhat,' witnessing the strength of our community and dedication to business continuity that laid the foundation for remarkable achievements of our portfolio.
A major highlight was CartiHeal's remarkable achievement, with its acquisition agreement by Smith+Nephew—an exciting moment showcasing the strength of CartiHeal's innovative biocompatible technology in #orthopedic care. Additionally, the acquisition of Canonic Security by Zscaler marked a significant milestone early in the year.
We're excited to welcome Tamnoon, Creednz and #Breeze to our portfolio of companies. Among the new founders joining our family are Johnny Deutsch (CEO) and Moshe Elgressy (CTO) from #Creednz, Marina Segal (CEO), Idan Perez (CTO), and Zohar Alon (Chairman) from #Tamnoon, and Ami Kor, Yagel Sheli Dolev Elbaz from Breeze.
In the realm of cybersecurity, we launched the CyberFuture CISO Investors Alliance, bringing together leading global #CISOs and investing in groundbreaking #cybersecurity startups for a safer digital future. This year, we invested in 5 new cybersecurity startups as part of our portfolio, including Astrix Security, CyVers 》Proactive Web3 Security, Entitle, Scribe, and a stealth mode Generative AI security startup.
Beyond conventional venture capital pursuits, we embraced a broader role in initiatives that strengthen our community and support our soldiers following the situation in #Israel. The horrible October 7 brutal Hamas attack and the Iron Swords war underscored the importance of our involvement in the Iron Swords Emergency Medical Equipment (#ISEME) Project and our active participation in the Business Forum for the Rise of Kibbutz Nirim.
Our active participation in key events, such as the #Cybertech Global TLV conference, RSA Security, and #Cyberweek Conference, underscored our dedication to thought leadership and collaboration within the cybersecurity community. Live startup pitches, expert panel discussions, and market trend insights showcased our position at the forefront of innovation. We hope to see you soon at next year's events.
As we step into 2024, our commitment to investing in groundbreaking technologies and supporting robust teams stands unwavering. To our cherished partners, founders, co-investors, friends, and the entire Elron Ventures team – your unwavering dedication has been instrumental to our shared success. Our thoughts are with the hostages and their families as we hope for their safe return home. Here's to a Happy New Year filled with joy, peace, and prosperity for all.
#happynewyear #BringThemHome #StandTogether #CybersecurityFuture
Team Builder | USMC Vet | Advisor
1moLet’s gooo!