The Israel Security Agency, Tel Aviv University Venture Arm announces the first cohort of accelerators



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In May, the Israeli security agency, also known as Shin Bet, announced a partnership with TAU Ventures of Tel Aviv University to establish an accelerator program in beginning of period called The Xcelerato. The first cohort of the program, which will last four months and will focus on the areas of artificial intelligence, natural language processing technologies, data science and robotics, was announced on Monday.

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The seven participating startups were chosen by an badociated committee, and received a non-binding grant of 50,000 NIS (approximately $ 13,700) from the agency.

  Shin Bet Deputy Director Nadav Argaman. Photo: Amit Shabi "title =" Shin Bet Deputy Director Nadav Argaman. Photo: Amit Shabi "hm =" 0 "/> <span clbad= Shin Bet Deputy Director, Nadav Argaman Photo: Amit Shabi

The selected startups are CannyAI, which develops AI technology for publishing and AutoPlay AI, which develops bots for automated testing of software products, XTend, a company developing a technology connecting the human eye and drones, Clone, which uses AR and VR technology to develop holograms that allow people to virtually send Avatar to different locations Talamoos, who develops machine learning and prediction platforms on Big Data for consumer behavior Cyabra Strategy Ltd., a company that helps politicians and brands to defend against digital attacks involving false news and misinformation – an automatic document badysis system.

An organization that seeks to maintain its advantage must be at the forefront of technology, Shin Bet deputy director Nadav Argaman said in a statement. It means redefining the agency's technology approach and connecting to the most innovative ideas and solutions, he said.

The seven selected startups are at the cutting edge of technology in Israel, said Nimrod Cohen, badociate director of TAU Ventures, who will lead the program.

Another Israeli security agency involved in the local startup scene is Mossad, who launched a technology innovation fund called Libertad Ventures last year. The fund announced that it made its first investments in March

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