Xcelerator embraces first cohort

Jul 5, 2018 •

The Tel Aviv University-backed accelerator, formed in partnership with the Israel Security Agency, has welcomed its first seven participants.

Seven Israel-based startups have joined the inaugural cohort of Xcelerator, the artificial intelligence (AI)-focused accelerator formed by Tel Aviv University (TAU) and the Israel Security Agency (ISA), Calcalist reported yesterday.

TAU will participate through its early-stage VC fund, TAU Ventures, which launched with $20m from external investors in April 2018.

Xcelerator was announced the following month and is tasked with driving deep technologies with the potential to support ISA’s operations, without necessarily focusing on homeland security or counterterrorism applications.

The…

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