Short news on Business, Innovation & Sustainability from Israel: More Sales by Artificial Intelligence (AI), Investment in Health&AI, Superfood powered by Fungis&AI

Three selected news about business, innovation and sustainability from Israel. Today the three fields are: Innovation: Sales powered by Artificial Intelligence, Sustainability: Superfood with Fungis&AI, Business: Health, Investment & AI

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Business: Health, Investment & AI > AIdoc raises 110 Million USD

AIdoc, the leading provider of healthcare AI solutions, announced today a $110 million Series D round investment, bringing its total funding to $250 million. The round, co-led by global growth investors TCV and Alpha Intelligence Capital (AIC), with participation from AIC’s co-investor CDIB Capital, will power the continued expansion of the AIdoc AI Care Platform. The platform enables hospitals to tackle their most prominent challenges, especially in the post pandemic reality of physician and nursing shortages, rising supply costs, and an increasingly challenging economic environment.

We are building the kind of breadth and depth in AI that is allowing hospitals to fundamentally change the way they do business and provide the solutions needed to successfully compete during these challenging times” says Elad Walach, CEO of AIdoc.

Sustainability: Superfood powerde by Fungis&AI > Price for Kinoko

Kinoko Tech, founded by scientists Drs. Dalia Feldman, Jasmin Ravid and Hadar Shohat, is the 2022 winner of the Hebrew University of Jerusalem (HU)’s Asper Prize for Emerging Startups.  The 100,000 NIS cash prize was awarded by ASPER-HUJI Innovate – The Innovation Center of the Hebrew University, a Center created to nurture an entrepreneurial spirit amongst students, researchers, and alumni at Hebrew University.

Kinoko Tech provides the next generation of superfood using the power of fungi and deep-tech fermentation to produce sustainable, delicious and highly nutritional food. “We have created a unique fermentation platform allowing us to grow super food in a new way.”, says Kinoko.

Forty-five startup companies participated in the competition which focused on sustainability solutions. All were created by HU alumni or using HU intellectual property. Participation in the competition was predicated on the usage of cutting-edge technologies and adherence to the United Nations’ development goals (SDGs).  Each company needed to specify the SDG goal it aimed to address and the forecasted social impact of their technology.

Innovation: Sales powerde by AI > Amy

AI-powered Sales Solution Amy Raises $6M Seed Round to Boost Business Professionals’ Selling Power by Tapping into the Power of Human Connections.

Amy, the pioneering AI-driven sales intelligence solution that automates pre-meeting prospect research and enables meaningful business connections, today announced that it has raised a $6 million Seed Round led by Next Coast Ventures and Lorne Abony. Additional investors in the round include Jim Mellon and Eric Ludwig, Micha Breakstone, Joey Low, and James Kong among others. Amy will utilize the funds to further enhance its AI, natural language processing, and machine learning capabilities as well as launch its B2P solution to the market.

“The pandemic completely upended the way in which business professionals conduct meetings and close business deals, however, one thing remains the same: the importance of building strong, meaningful relationships,” said Nimrod Ron, CEO and Co-founder of Amy. “At Amy, we’ve automated the prospect research and meeting preparation process – which takes on average 17% of the workday – so that business professionals can focus on establishing authentic relationships with their customers, closing deals and excelling at what they do. We help salespeople create a lasting network of connections that transcends their current role, boosting long-term sales prospects.”

Amy’s sales intelligence platform saves sales professionals time and money while enhancing business outcomes by automating prospect research and providing actionable insights that generate deeper, long-lasting business relationships. The platform analyzes all publicly available information about a business prospect, transforming strands of random data into digestible briefs which contain insights about the prospect, the company they work for, and common experiences. The platform’s unique algorithm collects information about the respective prospect and, through proprietary NLP technology, extracts and presents a personalized meeting brief comprised solely of information relevant to business professionals.

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