Network in Motion to Promote Investment Opportunities for eHealth Ventures LP in Japan

Adi and Tel Aviv, Israel, June 22, 2021– Network in Motion Ltd., a consultancy services company specializing in connecting Japanese investors and strategic partners with Israeli Med-Tech companies, and eHealth Ventures LP (“eHV”), Israel’s leading early-stage digital health incubator, announced a strategic alliance to promote fund-raising and direct investments of Japanese firms in eHV’s new fund and portfolio companies.

eHealth Ventures was founded in 2014 as part of the Israeli Innovation Authority technological incubators program to scout, invest and promote digital health products and companies. eHV provides startups with initial funding, support for clinical validation and a global Go-To-Market Strategy with the help of its founding partners: Maccabi Health Services (Israel’s leading HMO), Amgen (AMGN), Medison Ventures, Mayo Clinic – a top US medical center, SCI (a Shanghai based VC fund), in addition to a few private investors. eHealth Ventures is taking advantage of the explosive growth of the Digital Health sector (post CoVid-19) and expanding its financial platform, as well as seeking cooperation with new strategic investors.

The Japanese market is considered the 2^nd largest medical market after the US with a vast elderly population where 28% of its 126 million people are over 65 years old. The Japanese investments in med-tech are set to reach $74.7 billion in 2025. A large section of the eHealth Ventures portfolio is focused on tele-medicine, Age-Tech and Home Care so there is a strong fit to this market.

Ira Prigat, President of Network in Motion commented:
“The Japanese government plans to set up a digital agency in September 2021 to ramp up its digitization. The agency leading this effort is one of Prime Minister Yoshihide Suga’s policies. Digitalization will definitely affect healthcare fields and we believe the collaboration with eHV comes at perfect timing. Moreover, for the last few years Japanese corporations have been showing more interest in Israeli technologies and as a result, 2020 was a record year for Japanese investment in Israeli tech-companies despite Covid-19 challenges. There were a total of 51 Japanese investments worth an accumulated $1.1 billion, which is an increase of 20% compared to 2019. Our role is to create deeper involvement of Japanese corporations in the Israeli startup ecosystem, by becoming active investors in the leading incubators in Israel. Network in Motion strives to generate a vivid investment channel in Israeli med-tech technology transfer centers, incubators and funds and we are excited with the collaboration with eHealth Ventures.”

Ophir Shahaf, eHV VP added:
“This is a great opportunity to introduce our fund and portfolio companies to a significant and important market as Japan, and to find new strategic partners from Japan and to enjoy the support of Network in Motion’s experienced team to bridge the cultural and business gaps. We have a powerful structure including leading strategic partners, significant financial leverage from the Israeli government, strong traction on our portfolio and a focused and experienced team. We look forward to the focused exposure by Network in Motion.”