startupmania

The qualification phase of IBM’s SmartCamp competition is shifting into a high gear and over the next couple of weeks I will be publishing the names of the Israeli start-ups who were deemed worthy to move on to the next step of the global competition.

To refresh your memory, the competition semi-finals will be held in Israel on June 24th, and the 5 start-ups who best fit IBM’s SmartPlanet vision will proceed to the finals.

The five semifinalists will earn a string of meetings with 25 Israeli mentors, and one of those start-ups will represent Israel in the international SmartCamp competition in November, where it will compete against those start-ups who win the Boston, London, Stockholm, San Francisco, Dublin and other competitions around the world.

Panoramic Power, based out of Kidron, has past the first round of qualifications. The company was founded by Dr. David Almagor, who was the founder and CEO of Mysticom Semiconductor (which, in turn, raised over $50 million before it was sold to Transwitch), and by Adi Shamir, a former executive at AeroScout.

Panoramic Power develops a hardware and software platform which, using wireless sensors, will allow large organization to install Smart Grid technology over existing infrastructure in the organization. Their future solutions are supposed to allow the organization to track the energy consumption of individual appliances, predict future electrical consumption and assist the organization in energy conservartion. Panoramic Power’s future platform is supposed to provide the basis for additional SmartGrid applications which will deal with energy conservation, energy load division, calculating energy costs and more.

If you’re interested in following the SmartCamp elimination process, and be the first to find out who the next start-up to move on is, check back on StartUpMania or the SmartCamp Israel website this thursday, May 20th.

Translated by Itai Rosenbaum