Incubit Technology Ventures

Incubit Technology Ventures, also called Incubit Ventures, is the technology incubator of Elbit Systems and a subsidiary of that group. It invested in early-stage deep tech startups and helped their founders build companies. The site now says it is no longer making new investments and is concentrating on supporting the companies it already holds.

What Incubit Technology Ventures does

• Early-stage investment: funding for deep tech startups at the beginning of their development.
• Company building: hands-on help for founders as they turn technology into a business.
• Portfolio support: continued work with existing portfolio companies, which is now its main activity.

Clients

The portfolio covers a spread of hardware and software ideas. ReSight builds a crowdsourced 3D map for augmented reality. Utrawis works on tower crane operation. Spectralics develops thin-film optics for augmented reality on vehicle windscreens. NewRocket makes rocket thrusters and a gel propellant for use in space.

Key facts

• Parent: Elbit Systems, which backs the incubator
• Status: no longer making new investments
• Focus: deep tech