The Xcelerator was founded in 2018 by TAU Ventures and the Israeli Security Agency (Shabak), one of the leading, technological & operational organizations in Israel and worldwide.
The program is designed for outstanding teams developing a unique technology that may have a multi use application, that are seeking to gain traction at an early stage via an exclusive POC-oriented program. Contrary to the initial instinct, this is a program designed for civilian and commercial companies in various verticals (not just Homeland security), that can benefit from various tech experts, unique databases, technology validation, and more.
In addition to an exclusive opportunity for validation and POC with the Shabak, the 4-month program offers $50K grant (no equity), alongside tailor-made business support from TAU Ventures team, access to industry experts and mentors, various networking opportunities, cloud credits, and free office space at the TAU Ventures 1,000m co-working space.
Recombinate was founded by TAU Ventures and AB-InBev, the world’s largest brewer. The program is designed to de-risk many of the failure points of venture development, Both from the perspective of the client (MNC), and from the perspective of the startup; As part of the program, up to 6 startups will be selected to embark on a joint R&D and/or pilot activity with AB-InBev. Both joint R&D and piloting activities will be entitled to funding from the Israel Innovation Authority (IIA).
The program aims to produce innovative solutions for AB-InBev’s business needs, based on participating startups’ proprietary technology, focusing on a multi use approach enabling companies to explore further use cases than the ones they are already targeting. Potential outcomes include procurement, the forming of a joint venture, a co-selling agreement, or a form of technology licensing with AB-InBev.
Participating startups will be selected by project champions from within AB-InBev, who will closely work with the startups and have a vested interest in their success. As part of the program, companies will receive curated support from TAU Ventures global ecosystem, including industry & academia experts and service providers, and will work closely with AB-InBev’s champions.