Isra-Tech | april 2023

together with Doral Energy, of 8200 Impact's Climate and Energy Track. We see this partnership as an opportunity to support the development of technology that will assist in dealing with one of the most significant challenges for the future of us all". The Climate and Energy Track contains 4 - 6 startups each cycle, which benefit from direct access to professional guidance from mentors and consultants from Bank Hapoalim, Doral Group and Doral-Tech Ventures, and the vast network of the 8200 graduates, many of whom are top tier entrepreneurs and investors. The entrepreneurs also take part inweekly workshops and exclusive seminars days and receive personal grants from the Bank and Doral. Chen Shmilo, CEO of the 8200 Alumni Association, and Leehe Friedman, Managing Director of 8200 Impact, add: “The optimal way to promote technological entrepreneurship in thisfield is by formingan intersectional collaboration between the privatemarket, the government and the civil society. We highly appreciate the strategic decision of Bank Hapoalim and Doral to collaborate with us. The startups in the track receive direct access to potential design partners, technological talents and climate investors through this partnership”. This partnership already shows positive results. One of the track’s recent graduates is Alteco.ai, the ‘Shazam’ of energy Management. This Israeli startup aims to reduce industrial carbon footprint, through an accessible, cost- effective, and simple-to-operate energy management solution. The company has already proved savings of 15 per cent in energy consumption with the use of its technology in different settings. After joining the 7 th cycle of the 8200 Impact program, the company completed a pre-seed round and increased its sales in Israel and in Europe. Alteco.ai was also selected to join the 8200 Alumni Association’s startups annual delegation to NewYork City, where theymet with potential clients and started planning the company’s scale up to the US market. The Climate and Energy Track of the 8200 Impact 8 th cycle consists of six promising startups which make up half of the current program's cohort. This demonstrates the momentum as well as the demand for support in early-stage tech startups in the field. The participating startups address different areas of the field: Sphere has developed an innovative cooling method that is efficient by at least 40 per cent and significantly reduces carbon emissions. GreenDays is a digital platform making clean energy accessible. Elements uses climate benefits to empower employees and companies to drive corporate sustainability goals. Novella develops innovative technology to produce raw ingredients from plant cells, for the food and pharmaceutical industries. eBBack develops a unique excess inventory exchange market-place, and Rplace offers a constructed wetlands impact and carbon credit management (MRV) platform. The next cycle of the program is expected to start in October 2023 . The entrepreneurs receive grants from the Bank and Doral on the Climate & Energy Track Day From left to Right: Guy Yavin, Investment Director of Doral Energy-Tech Ventures, Sharon Alaluf, Head of ESG at Bank Hapoalim, Edo Perry, CEO and Founder at Elements, Leehe Friedman, 8200 Impact Managing Director For more details: www.poalimhitech.co.il https://impact. 8200 .org.il/