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The Venture Codex

Canaan Partners Israel

11 HaMenofim Street Ackerstein Towers, Herzliya Pituach, Israel

Overview

Canaan Partners Israel (CPI) is a venture capital fund focused on early stage technology investments in Israel. Started by experienced entrepreneurs and investors, CPI is dedicated to working closely with founders to help them transform innovative ideas into global, successful companies.

Total investments
8
Lead investments
0
Investments · 12mo
0
Active investors
3

Sector focus

  • Finance
  • Financial Services
  • Venture Capital
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Investment portfolio

  • Zencity

    Participated · Equity · Jun 2021

    Zencity offers a community engagement platform that helps city, county and agency teams gather, analyze and act on public input. Its tools combine community input collection, sophisticated analytics, and expert support to inform government decision‑making. The company says 8 in 10 of America’s largest cities are customers, more than 300 government agencies use the platform daily, it serves jurisdictions in over 40 US states, and covers a global footprint of over 200 million people. Zencity was founded in 2016 and is headquartered in New York City and Tel Aviv. It has launched the Zencity AI Assistant (closed beta now; general availability planned for this summer) to automate project creation, survey design, translation, instant data analysis, and report/chart generation. The company plans to invest new capital in advancing its AI capabilities, hiring engineering and data‑science staff, and enhancing customer service across four continents. Zencity has been recognized by CB Insights among the “100 most promising private AI companies” (2022) and emphasizes responsible use of AI in the public sector. Zencity provides a unified community insights and analytics platform that aggregates anonymized resident feedback and continuous polling to help state and local government leaders make data-driven decisions. The product analyzes organic discourse and integrates proactive polls and surveys, including capabilities added after its acquisition of polling company Elucd. Since launch in 2015, Zencity says it is used by hundreds of state and local government agencies across four continents and by more than 200 government agencies in the United States. The company reports significant recent growth: it more than tripled the number of residents impacted, doubled the number of agencies using the platform, grew revenue threefold, and expanded to over 100 employees across four countries. The platform is positioned for further expansion, with plans to deepen engagements with state agencies and to grow in markets including the United Kingdom and Australia. The company emphasizes improving equitable and inclusive governance by surfacing voices that may not typically engage with government. Zencity offers an AI-driven platform that collects millions of resident-generated data points from numerous digital sources and converts unstructured discourse into real-time, actionable insights for local government leaders. The product is designed to surface community needs and priorities so officials can hear a wide range of resident voices. The company supports more than 150 cities and counties across four countries and 28 US states, including Los Angeles, Houston, Chicago, Fort Lauderdale, Dayton and State College, PA. Founded in 2015 and led by CEO Eyal Feder-Levy, Zencity is based in Tel Aviv. The recent funding will be used to expand the product’s ability to serve state and local government agencies, build new strategic partnerships and grow market presence. No revenue figures or other financial metrics were disclosed in the article. ZenCity aggregates feedback from social networks, news sites, and municipal hotlines and applies AI to organize that input by topic, category, and location for city planners and managers. The platform surfaces trends and sentiment to help cities prioritize issues such as traffic measures, sidewalk maintenance, car-sharing initiatives, and education standards. Founded in Tel Aviv in 2015, ZenCity expanded into the U.S. and serves cities including San Antonio, West Sacramento, and Fort Lauderdale. With the new funding the company plans to expand its data‑analytics capabilities, push its service boundaries, and grow further across the U.S. and into other markets. A near-term product focus is adding speech-to-text so verbal resident feedback can be transcribed and analyzed rather than relying on manually entered contact-center notes. ZenCity positions itself as a data-driven alternative to traditional town-hall meetings and surveys.

  • Arbe

    Participated · Series B · Dec 2019

    Arbe develops a high-resolution 4D imaging radar chipset designed to detect, separate, identify and track hundreds of objects with high horizontal and vertical resolution and long range. The company says its chipset generates images 100 times more detailed than other solutions and can simultaneously localize and map the environment while mitigating mutual radar interference and reducing false alarms. Arbe plans to use new funding to hire more employees and to bring its radar systems into full production for Tier 1 suppliers. CEO Kobi Marenko said the company aims to enable Tier 1 automakers and OEMs to replace legacy chipsets and meet NCAP and ADAS safety requirements. Arbe already counts five Tier 1 customers — two in China and three in Europe — though it did not name the suppliers. The company also claims its radar can enable SAE Level 3 automation in passenger vehicles without requiring lidar. Arbe Robotics designs an ultra high-resolution 4D imaging radar that enables vehicles to sense the environment in any weather and lighting across long, mid and short ranges. Its radar, based on proprietary chipsets, detects cars, motorcycles, bikes and humans and is positioned as a next-generation safety product for ADAS and autonomous driving. The company intends to use the new funding to expedite product development for the autonomous-vehicle market and to expand its customer-facing operations in the U.S. and China. Arbe maintains business development and customer service locations in China and the United States. Founded in 2015 by CEO Kobi Marenko, the company is advancing its imaging radar technology toward commercial automotive applications. The product roadmap and go-to-market efforts are focused on integrating the radar into vehicle platforms and scaling customer deployments. Arbe develops an ultra-high-resolution radar and SLAM-based 4D imaging system aimed at automotive applications to detect and identify objects regardless of exterior conditions. The product combines an ultra high-resolution radar and Simultaneous Localization and Mapping (SLAM) algorithms to improve target separation, enhance resolution, remove false alarms, and distinguish objects with roughly one-degree resolution. The company pivoted from a prior drone focus to prioritize road vehicles and has demonstrated its system to customers, showing the ability to differentiate people, trees, and motorcycles. Arbe plans five in-car trials in the U.S. with large partners within the next year or two and is in final stages of securing a manufacturing partner to mass-produce its chips. The recent financing is intended to finish the product, support additional tests, and establish a U.S. support center; the company describes itself as capital efficient. To date Arbe has raised $12M and says it is prepared to raise more when commercial deals beyond trials materialize, aiming for a higher valuation.

  • SeeTree

    Participated · Series A · Jan 2019

    SeeTree has developed an AI-based tree operating system that provides per-tree intelligence to help growers track the health and productivity of their trees. The platform delivers per-tree insights to support grower decision-making and management. The company will use new funding to expand the platform to cover new crop types and to support marketing, sales, and R&D in North America, LATAM, Ukraine, and APAC. SeeTree raised $17.5M in this Series C, bringing its total capital raised to $60M. The company maintains operations in Brazil, the USA, Mexico, and South Africa and has a development center in Ukraine. SeeTree offers an AI-driven platform that collects ultra-high-resolution drone and multi-spectral imagery, tree and soil samples, and analyzes them with machine-learning to deliver tree health, pest/disease tracking and personalized cultivation plans. The company started with citrus and services the largest citrus growers globally, and is expanding its offerings into almonds, olives and hazelnuts where it is already deployed. SeeTree operates in Brazil, the United States, Chile and South Africa, with headquarters in Tel Aviv and offices in California and Brazil, and employs about 120 professionals. It currently monitors over 50 million trees and plans to scale that to 1 billion trees by 2023. The company says its standalone solution can reduce operational expenses by 20–40% and that integrations with tractors and irrigation systems can unlock further optimizations. The Series B proceeds will be used to scale globally and to grow R&D and customer-facing teams while broadening services to new crops. SeeTree was founded in September 2017 by former intelligence officers and serial entrepreneurs. SeeTree uses drone imagery and proprietary machine-learning algorithms to provide granular per-tree data and actionable recommendations for permanent-crop growers. The product enables farmers to identify underperforming trees, map selective-harvest plans based on fruit size and development stage, and correlate tree-level data with irrigation and fertilization infrastructure to assess ROI. The company positions its offering as a replacement for intuition and limited manual testing, aiming to connect farm actions to measurable field results. SeeTree’s leadership argues past drone-based precision-agriculture efforts fell short for permanent crops and that a more holistic farm-level view is required. The startup is Tel Aviv-based and also maintains offices in California and Brazil. SeeTree was founded by Israel Talpaz, Barak Hachamov and Guy Morgenstern and has raised a total of $15 million to date.

  • Regulus Cyber

    Participated · Seed · May 2018

    Regulus Cyber offers the Pyramid™ suite, an end-to-end product line that secures sensors and communications for autonomous cars, trucks, robots and drones. Its Pyramid GPS SP module detects GNSS spoofing and is a compact, commercial-grade anti-spoofing device under 50 grams. The Pyramid CSM (Communication & Security Manager) is a plug-and-play external solution that encrypts and authenticates drone communications and provides a visual heat map of communication quality for mission planning. The company positions these products to ensure safety, operational robustness, and mission reliability while protecting transmitted data used in sensitive or mission-critical operations. Regulus was founded by entrepreneurs with experience building security solutions for military and homeland-security projects, and is led by CEO Yonatan Zur and CTO Yoav Zangvil. The announcement pairs the product launch with a $6.3 million financing round from strategic investors.

  • Rollout.io

    Participated · Series A · Sep 2015

    Rollout provides mobile developers with a real-time SDK that enables code-level changes to be deployed to live apps without releasing a new app-store version or waiting for users to update. Led by CEO and co-founder Erez Rusovsky, the company supports more than 3,000 developers across over 200 apps running on more than 25 million devices. Customers include Intuit, Badoo, ask.fm, Glow and GrabTaxi. Founded in 2014, Rollout is based in Tel Aviv and also has an office in New York. The company intends to use the new funding to develop additional product features, including launching Android support for the SDK, and to push go-to-market efforts. The company completed a $1M funding round in February 2016. Rollout.io offers an SDK that changes an app's runtime to give developers method-level access on iOS, enabling on-the-fly fixes such as disabling crashing functions, adding analytics events, or injecting try/catch blocks. The SDK includes pre-packaged solutions and supports injecting JavaScript for more complex repairs, all managed via an online dashboard that can also message affected users in real time. Founded in June 2014 by former Intel engineers Erez Rosovsky and Eyal Keren, the company opened limited testing and reports 1,700 developers registered and over 100 apps in production. Testers are currently using the service for free; Rollout.io plans a SaaS monthly subscription priced by volume. Future product plans include richer debugging capabilities, the ability to change the user interface and toggle third-party SDKs, and an Android SDK planned for next year to complement the iOS SDK available today. Tel Aviv-based Rollout.io is backed by $2 million from Canaan Partners Israel, Plus Ventures, and Star Farm Ventures.

Team