Tel Aviv University Professor Illana Gozes, along with a team of University of Hong Kong researchers, jointly received the 2021 Healthy Longevity Catalyst Awards from the US National Academy of Medicine (NAM) for their work on Alzheimer's disease.

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Gozes collaborated with Professor Victor OK Li and Dr. Jacqueline CK Lam to create an artificial intelligence-led strategy that helps select drug candidates for new Alzheimer's disease therapies.

The study shows how certain combinations of drug candidates respond to somatic gene mutations that accumulate as humans age.

"This is a great honor for me, and I am delighted that the international community sees fit to invest efforts in promoting solutions to diseases such as Alzheimer's," Gozes said, according to a university press release.

"I thank my colleagues from HKU-AI WiSe, the University of Hong Kong, led by Prof. Li and Dr. Lam, for our fruitful collaboration."

Tel Aviv University is placing a greater emphasis on aging-related research, including the diseases which accompany the process of growing older.

Age-related diseases are expected to become a larger concern in the future, with demographic shifts projecting "graying populations" in countries around the world.

Globally, over 50 million people are estimated to have Alzheimer's disease or another kind of dementia, the press release said.

This article was first published by i24NEWS

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TAU Ventures, the investment fund of Tel Aviv University, has announced raising a second fund of $50 million for investments in startups, with the opportunity to grow the fund to $70 million.

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The fund invests in early financing stages, often investing the first money in the company or after angel investment, a stage where there is a shortage in the industry.

The fund intends to invest in 15 to 25 companies founded by Israeli entrepreneurs, with investment amounts up to $1 million per venture as a first investment.

TAU Ventures emphasizes creating value for entrepreneurs with various university resources. The fund focuses on backing strong teams of entrepreneurs across a wide range of sectors, understanding that at an early stage the product is expected to change.

All investors from the previous fund have reinvested in the current fund. Both funds were led by Chartered Group, which brings together many leading entities from the Japanese industry, plus new investors, including Family Offices in the US, Canada and Europe.

TAU Ventures was established in 2018 by managing partner Nimrod Cohen in conjunction with Tel Aviv University. Cohen previously led first investments at companies such as HOUSEPARTY, Coralogix, WSC SPORTS, BRINGG & YOTPO.

Alumni of Tel Aviv University are ranked 5th globally as top university producing VC-backed entrepreneurs and 8th in the world in creating unicorn companies.

TAU Ventures' first fund, which included $20 million, launched in 2018 and made 18 investments in companies that included: SWIMM, Xtend, Gaviti, MyAir, Castor, Medorion and more. The first fund IRR is in the top 10% compared to all US funds from the same size and vintage.

According to Cohen, "We are in a period where a lot of money is circulating in the market. However, this can be misleading as there is still a shortage of investors in the early stages in Israel. More investors are operating in A or post-seed stages. They do not talk to entrepreneurs in the initial stages and rather want to see a product that has already reached the market. We are covering this critical stage enabling new companies to emerge."

Tel Aviv University President Ariel Porat said, "As part of Tel Aviv University's strategic plan, we have made it a central goal to strengthen ties with industry here as well as promoting an international and multidisciplinary campus. TAU Ventures provides for entrepreneurs a platform with significant opportunities in innovation and making academic progress beyond the campus boundaries. It enables students to integrate practical experience with leading startups during their studies, and at the same time, it enables entrepreneurs to enjoy the diverse qualities of the campus. I'm happy in the given trust of the investors in TAU Ventures and I'm sure that combining forces between academia and industry will provide in the near future significant technological achievements that will benefit the entrepreneurs, the university and society at large."

Eyal Agmoni, who heads lead investor Chartered Group, said, "We are happy and proud to be the lead investor also in the second fund of TAU Ventures. As a result of the success of the first fund, combining with proving the model in which we help young Israeli companies break into the Japanese market, it was natural to continue the successful cooperation and even strengthen it."

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Launched in December 2019 by Prof. Avishai Wool and Dan Gittik with the help of the Israeli company Checkpoint, the online course "Unlocking information security," reached number one in six months.

It also came in first place in cryptography courses and sixth among 1,750 online computer courses, surpassing renowned courses from universities such as Stanford and Princeton, according to a statement from Tel Aviv University.

"Students around the world are looking for the most current and relevant courses," said Yuval Shraibman, director of TAU Online, the Center for Educational Innovation at Tel Aviv University.

"To our great joy, Israel is considered a leading power in the field of cybersecurity, and this new course, therefore, attracts many young people who want to train in information security."

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The ranking was done by the Class Central website, which coordinates assessments of online university training platforms around the world.

This article was originally published by i24NEWS.

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