Chevron Launches Energy-Tech Accelerator in Israel
Chevron introduces Chevron Studio Israel to enhance early-stage tech commercialization in the energy sector. The program targets innovations in AI, cybersecurity, and renewable fuels, aiming to foster growth in Israel's energy-tech ecosystem.
Theia Market Signal Identification - AI Assisted
Chevron Studio Israel has been launched in Herzliya in partnership with EnergyCom, marking the first time this initiative is being conducted outside the U.S. The program will support early-stage technologies from Israeli universities, focusing on areas such as AI for energy, hydrogen, and renewable fuels.
It will provide a three-phase acceleration track that includes funding and mentorship, with selection made by an advisory committee comprising Chevron, EnergyCom, and the Israeli Energy Ministry. Israel’s energy-tech sector includes over 160 companies, with Chevron also involved in the Leviathan and Tamar natural gas fields, increasing production capacity to 21 billion cubic meters annually. This investment could significantly enhance Israel's position in the global energy market.
Comments