OpTeamizer to Invest Millions of Dollars in AI Startups in the Seed and Pre-Seed Stages
13 July, 2022
OpTeamizer, an israeli AI consultancy, will leverage its knowledge to help promising startups tackle the industry’s challenges
OpTeamizer, a consulting firm in the field of AI, has announced it is beginning investment activities in young seed and pre-seed companies currently entering the world of artificial intelligence with the intention of developing AI applications.
In the coming year, OpTeamizer plans to invest millions of dollars in 10 early-stage Israeli startups and to contribute its professional knowledge toward their AI applications’ success in the global market. The financial scope of each investment will range from $50,000 to $300,000 and beyond.
OpTeamizer was founded in 2015 by Tomer Gal, one of Israel’s leading AI experts, who has participated in strategic developments at Intel Israel and GE Israel. To date, the company has provided diverse personnel training and consulting services in AI, particularly in the field of NVIDIA GPUs, to more than 90 R&D centers at Israeli and international companies in the defense, health-tech, and high-tech industries.
Tomer and his team are also active in the startup sector: Haifa’s Road2 Innovation Center has selected OpTeamizer as the professional body responsible for building AI models for startups participating in its AI Excellence Center, established with support from NVIDIA. Tomer, who has an M.Sc. in computer science specializing in software optimization, is also a member of the Israel Innovation Authority’s team of reviewers for grant applications by AI startups, as well as a lecturer on AI in ORT Braude’s software engineering department.
OpTeamizer plans to invest in young AI companies at the beginning of their journey and to contribute to their success with its professional guidance from their very first day. Tomer will join the board of each invested startup and offer the company’s knowledge in order to streamline the AI application’s entire development lifecycle, including requirements, architecture, infrastructure (CI/CD), libraries, AI models, regulatory compliance and more. OpTeamizer will also help entrepreneurs via its extensive network of connections in global companies and large Israeli organizations.
Tomer Gal [pictured above], founder and CEO of OpTeamizer: “AI entrepreneurs don’t just need initial funding but also professional guidance that will dramatically raise their chances of success in a complex field that involves numerous risks and challenges, which in recent years has brought down many startups. We’ll invest ‘smart’ money, backed by our technological capabilities. This will channel startups to the most precise and promising technological and business path, to accelerate and improve the AI application’s development and ensure that it meets proven demand in the market. From the outset, we’ll also guarantee compliance with the heavy regulation that characterizes markets such as autonomous vehicles, digital healthcare and more.”
As part of its activities at the Road2 Innovation Center in Haifa, OpTeamizer has built AI models for the applications of several startups, including Mirrori (facial skincare, wrinkle and redness identification, and recommendations for treatment), LiteBC (non-invasive blood counting using a device on the lips), Rapida (industrial infrastructure monitoring, troubleshooting and risk identification), and Pickey (product picking using ‘hand vision’, i.e., wristbands equipped with cameras).
In 2018, NVIDIA appointed OpTeamizer as its first partner in Israel and the Middle East accredited to train the industry on using NVIDIA’s GPUs to accelerate systems performance and on developing AI applications. OpTeamizer has also been selected as a provider of consulting services to Israeli companies that have begun adopting NVIDIA’s GPU solutions upon entering the AI world.
OpTeamizer was recently appointed NVIDIA Jetson Partner for the European market in addition to the Israeli one, and will provide development, consulting and training services for the development environment of the new Orin processors. Tomer and his team help companies migrate from the CPU to the GPU world, accelerate the performance of new GPU systems, develop AI and neural network models, optimize neural networks, and select the right hardware for deployment.
OpTeamizer currently employs 20 developers and trains developers at R&D centers on NVIDIA’s development tools for the GPU environment. It offers courses on CUDA Python, CUDA C++, CUDA for multiple GPUs, deep learning for computer vision, and deep learning for various data types.