3 Grove Ventures Portcos – NoTraffic, Protati, OneLayer – at Calcalist’s Top 50 Most Promising Startups
For the third year in a row, 3 of Grove Ventures‘ portfolio companies – NoTraffic, Protai and OneLayer – made it into Calcalist’s prestigious ’50 Most Promising Startups’ 2024 list. No Traffic, the leading IoT platform for urban mobility made it to the top 10 and was ranked at number 7; 5G security company OneLayer was ranked 30; and AI-powered drug discovery startup Protai came in at 35.
“Israeli startups need to be better than the best”, CTech says this year. “And the startups on the list this year are exactly that. They are developing innovative solutions, selling them to customers worldwide, and also raising money from investors, sometimes with missile sirens wailing in the background”.
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