The Venture Codex Logo

The Venture Codex

XT Hi-Tech

40 Einstein St, Tel Aviv, 69102, Israel

Overview

Established in 1997 as the venture arm of XT Holdings, XT Hi-Tech is one of the early investors in Israeli startups. Since inception, we have invested in over 80 companies in various technology categories and at different stages, including Phytech, Checkmarx, Enzymotec, Cymbio, Sofwave, and Lumenis.

Total investments
7
Lead investments
4
Investments · 12mo
1
Active investors
2

Sector focus

  • Venture Capital
Visit website

Investment portfolio

  • Duve

    Participated · Series B · Dec 2025

    Founded in 2015, Duve offers a guest management software platform that allows hotels and other accommodation providers to deliver personalized, automated experiences from pre-arrival through post-stay. The system manages all booking channels—including direct bookings, OTAs, group reservations, and agents—and consolidates functions such as check-in, in-stay messaging, mobile keys, upselling, F&B ordering, and post-stay engagement into a single operating layer. By replacing multiple fragmented tools, Duve aims to boost operational efficiency, increase ancillary revenue, and elevate guest satisfaction. The company incorporates AI-powered personalization to tailor communications and services for each guest. Offices are maintained in Paris and Tel Aviv, supporting a growing international customer base. With fresh capital from its Series B round, Duve plans to accelerate global expansion and further enhance its AI capabilities. No revenue or user metrics were disclosed in the article.

  • enSights

    Led · Series A · Dec 2024

    enSights develops an AI-powered, cloud-based platform that optimizes and manages renewable energy assets through automation, smart workflows and a unified dashboard. Its SaaS platform scales business operations while optimizing the financial and energy performance of commercial, industrial and utility-scale assets. The platform manages over 6,000 clean energy assets across four continents and has active users overseeing more than 1.6 GWp, with automation helping optimize daily operations. The company plans to expand its global presence—particularly in the U.S.—by establishing a local headquarters and hiring industry professionals, and to continue strengthening its ecosystem of SaaS solutions. enSights was co-founded in 2021 and is headquartered in Austin, TX. The recent fundraise will support these growth and product initiatives.

  • NeuReality

    Participated · Equity · Mar 2024

    NeuReality develops purpose‑built AI inference system architecture, hardware and software under its NR1 AI Inference Solution, including the NR1 NAPU™ 7nm server‑on‑a‑chip. Its NR1‑M™ and NR1‑S™ PCIe cards integrate into server racks and route AI tasks independently of CPUs to improve utilization and energy efficiency. The company says its systems drive 100% AI accelerator utilization and connect directly to Ethernet to manage large AI query pipelines. NeuReality has delivered NAPUs from TSMC and demonstrated compatible server configurations with partners including AMD, IBM, Lenovo, Qualcomm and Supermicro. It is running early deployments with select cloud and enterprise customers across financial services, business services and government and aims to accelerate broader deployment into additional markets and generative AI use cases. The company’s additional capital will be used to shift from early deployment to growth and expand customer adoption. NeuReality develops the Network Attached Processing Unit (NAPU) family — including the FPGA‑based NR1, the NR1‑M PCIe module and the multi‑module NR1‑S — combined with a software stack (SDK, deployment manager, monitoring) to simplify AI inference deployment. The company targets cloud data centers, on‑premises edge systems and enterprises running computer vision, NLP and recommendation workloads. NeuReality says its hardware and software optimize data movement, scheduling and virtualization to improve inference efficiency, though it has not published independent benchmarking to validate some performance claims. The startup has partnered with Xilinx for production and with IBM as a design partner; it has been shipping prototypes since May 2021. NeuReality was co‑founded in 2019 and currently has about 40 employees, with plans to hire 20 more over the next two fiscal quarters. To date the company has raised $48 million in venture capital and will use its latest funding to finalize chip design and begin customer shipments. NeuReality is developing a novel AI inferencing platform that removes the CPU-centric bottleneck to allow hyperscale clouds and data centers to offload ML models. The team applies techniques from networking and storage to create a bottom-up architecture it describes as the next evolution of AI computer engines. The company claims its system can deliver about 15x performance per dollar for basic deep learning offloading and larger gains when the entire pipeline is offloaded. NeuReality has working prototypes implemented on a Xilinx FPGA and plans to offer fully custom hardware early next year. Target customers include hyperscale cloud providers, data center owners, software solutions providers such as WWT, and OEMs/ODMs. The founding team includes CEO Moshe Tanach, VP of operations Tzvika Shmueli and VP for very large-scale integration Yossi Kasus, and Naveen Rao (former Nervana CEO and Intel AI Products Group GM) is joining the board.

  • BIOT

    Participated · Seed · Jul 2021

    BioT offers a low-code, easy-to-integrate, cloud-based platform for medical device manufacturers that instantly connects patients with caregivers to support a seamless continuum of care. The product is a customizable, off-the-shelf solution built with security and regulatory liability considerations to lower barriers to connected care adoption. The company positions itself to help medical device makers convert traditional devices into connected solutions that reduce in-person follow-ups. BioT announced a $6.5 million Seed financing to support its growth. The capital will be used to expand the team, expedite development of the next generation of the platform, and support a growing sales pipeline in the US and Europe. The company also appointed Daniel Adler as its Chief Executive Officer.

  • Avenews

    Led · Seed · Feb 2021

    Avenews-GT offers a blockchain-capable digital infrastructure that enables agri-businesses to run operations through a single, paperless system that controls inventory, generates trade documents, tracks sales and contracts, and initiates payments. The platform directly links trade activity with supporting financial services and aims to expand access to credit and banking services for farmers, particularly in developing countries. The company works in collaboration with the largest banking groups on the African continent. Avenews-GT was founded in 2017 and is managed by Shalom Ben-Or, Ishai Ben-Or, and Ismail Kharoub. The startup announced a $3 million Series Seed fundraise from XT Hi-Tech. The company positions its product to address supply chain digitization and improved access to finance for often-underserved farming sectors.

Team