Ben Gurion University teams up with Jerusalem Venture Partners on new cyber-security focused incubator.
Venture capital firm Jerusalem Venture Partners (JVP) has this year started the Cyber Labs incubator in partnership with Ben-Gurion University (BGU) in Israel.
Cyber Labs is the first cyber-security startup incubator under the Israeli Office of the Chief Scientist’s incubator programme, while JVP opened its first incubator, JVP Media Labs, in 2003.
Erel Margalit, JVP founder and former chairman, said: “Hi-tech is the engine of the Israeli economy, and it’s important that we bring it to areas and population groups throughout the country.
“Israel’s leadership in the area of cyber-security is a strategic asset for the country.”
At the start of the year, JVP made its first investment in a firm located at Cyber Labs: CyActive, a predictive cybersecurity company, and last month said Titanium Core had won its first cyber-security startup competition held at the RSA conference in San Francisco. Thirty-five cyber-security companies competed.
Titanium Core will receive $1m and a place at the Cyber Labs incubator.
It was co-founded by Dudu Mimram, Yuval Elovici, director of Telkom Innovation Laboratories at BGU, and PhD student Mordechai Guri.
Picture: Ilse Katz Institute for Nanoscale Science and Technology at Ben Gurion University. Source: Israel Ministry for Foreign Affairs/Wikipedia.
