Naiot Venture Accelerator

Naiot Venture accelerator was a technological Incubator, engaged in early seed startup investments. It was based in Yokneam, Israel.
Naiot is a full subsidiary of the Ofer Hi-Tech Group, the venture capital investment arm of 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.

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