The strategic collaboration is taking commercialization of cutting-edge technologies to the next level from Hebrew University (HU) to Japanese corporations.
FREMONT, CA: The Technology Transfer Company of the Hebrew University of Jerusalem, Yissum, collaborated with a 16.5B JPY Investment Fund from Japan, Universal Materials Incubator Ltd. (UMI). This collaboration focuses on the commercialization of cutting-edge technologies from Hebrew University (HU) to Japanese corporations. UMI specializes in materials and chemical industries and has also invested in Yissum's Racah Nano Venture Fund. Yissum's Racah Nano Venture Fund is an investment vehicle that focuses on Hebrew University innovations in advanced materials and nanotechnology.
The collaboration of the two organizations enables Yissum and UMI to grow their international presence. It facilitates the adaptation of HU technologies to the Japanese market as well as create joint investment opportunities. UMI, through this partnership, aims to strengthen its network in Israel while improving its position as an innovative business creation platform in the materials and chemical industries in Japan. UMI's one of the top international targets for finding investment projects is Israel, a global leader in the startup ecosystem for contributing to the development of the Japanese materials and chemical industries.
Yissum is the tech transfer organization of The Hebrew University of Jerusalem. It is also the third company of its kind to be founded, serving as a bridge between cutting-edge academic research and a global community of investors, entrepreneurs, and industry. The company's mission is to help society by transforming exceptional innovations and transformational technologies into commercial solutions that address the company's most crucial global challenges. Yissum has registered over ten thousand patents covering twenty thousand eight hundred inventions, licensed over nine hundred technologies, and has spun out more than one hundred and thirty-five companies.