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Israel Electric Corporation

1 Nativ Haor st., Haifa, Hefa, 34862, Israel

Overview

Israel Electric Corporation is a electronics manufacturing and power manufacturing entity.

Total investments
2
Lead investments
0
Investments · 12mo
0
Active investors
0
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Investment portfolio

  • Prisma Photonics

    Participated · Series C · Sep 2023

    Founded in 2017 and headquartered in Tel Aviv, Prisma Photonics has developed the Hyper-Scan Fiber-Sensing platform, which combines advanced optical fiber sensing with proprietary AI to detect, classify and localize events along hundreds of kilometers of infrastructure with meter-level accuracy. The system is already deployed across thousands of kilometers and is used by 15 Tier-1 Transmission System Operators in the U.S. and Europe to manage threats ranging from intrusions and wildfires to grid congestion. By leveraging existing fiber, the company eliminates the need for installing additional sensors, creating a scalable, data-rich monitoring network. Each new deployment feeds more data into Prisma’s models, strengthening a self-reinforcing technology moat. Recent traction has encouraged the company to expand beyond its current U.S. and European footprint into Latin America, where utilities are racing to modernize transmission systems and integrate renewables. With the latest financing, Prisma Photonics has raised a cumulative $80 million to accelerate commercial growth and product enhancements. This capital positions the firm to further scale sales, refine its AI models, and fortify its leadership in infrastructure monitoring.

  • Panoramic Power

    Participated · Equity · Apr 2011

    Panoramic Power provides a cloud-based, circuit-level energy management solution that allows companies across a wide range of industries to gain insight into their energy usage. The platform enables customers to optimize operations, processes and maintenance resources. The company intends to use the financing to expand sales and marketing efforts and accelerate product development. Panoramic Power was founded in 2009 by Dr. David Almagor and Adi Shamir and is led by CEO Yaniv Vardi. It is based in New York, NY. The company announced the close of an $8M Series B financing in October 2013. Panoramic Power develops a cloud-hosted, real-time Energy Management System (EMS) and service that gives enterprises complete visibility into energy use. Its platform is designed to help organizations reduce operational and energy expenses. The company is based in Kfar Saba, Israel and was co-founded by CEO Dr. David Almagor and CTO Adi Shamir. Panoramic Power intends to use the new funding to accelerate product development, production and business expansion. The company has raised a total of $6.0M to date following the latest round. The offering targets enterprise customers seeking to improve energy efficiency and cut costs.

Team

No current team members are available.