Naiot Venture Accelerator

Naiot Venture Accelerator
	Investments
Website	www.naiot.com

Naiot Venture accelerator was a

Yokneam, Israel

.

Naiot is a full subsidiary of the Ofer Hi-Tech Group, the

Ofer Brothers Group

. Naiot invests and creates value by providing management, as well as the human and financial resources required to nurture seeds concept into sustainable companies.

Investment portfolio focuses primary on Medical devices, along with information technology, enterprise software and web applications.

Naiot screens over 350 project applications every year, from which it invests in 4 to 6 new projects annually, with $500k-$1M invested in each project. The investments is leveraged through an agreement with the Israeli

Chief Scientist

's Office and the OCS Technology Incubation Programs (TIP).

History

Since its foundation in 1997, Naiot has launched over 60 companies, which have raised over $300M in funding. 80% of the companies that have graduated up until today raised funds of $500,000 or more.^[1]

Naiot's varied deal flow origins include

VCs, and IT and medical market leaders.^{[citation needed}

]

Successful graduates of The Naiot Venture Accelerator include:

cardiovascular balloon developer Angioslide, biofunctional ingredients supplements company Enzymotec Ltd.,^[2] CorAssist Cardiovascular Ltd., catheter device developer Endocross Ltd., retractor maker EZ Surgical Ltd., stem cell company Multi Gene Vascular Systems Ltd. (MGVS), Rimon Medical Ltd., which was sold to Boston Scientific for $135 million^[3] and MentorWave (Quiksee) which was acquired by Google.^[4]