Press Release (ePRNews.com) - JERUSALEM, Israel - Nov 14, 2016 - MassChallenge™, the world’s most startup-friendly accelerator on the planet, named Loginno a Silver Award Israel winner. The announcement was made at the annual MassChallenge Awards, which drew more than 500 leaders and supporters from the Israel entrepreneurial community to celebrate the MassChallenge entrepreneurs at the Hebrew University of Jerusalem.
Loginno provides disruptive IoT (Internet-of-Things) products and services which are focused on converting entire shipping container fleets to smart containers, enabling shipping companies to offer a smart container service to their customers at a fraction of today’s costs.
Says Shachar Tal, Loginno Founder: “We are very happy at the results of MassChallenge’s amazing program. MC’s huge network of experienced people, and tailored activities, helped us a lot in our quest to disrupt global shipping container logistics. Being part of the winners of one the best accelerators on the planet is the icing on top of it all”.
Loginno (http://www.loginno.com/) was one of 48 early-stage companies accepted into the 2016 MassChallenge Israel program, from more than 500 applicants, and now joins a network of more than 1,200 alumni globally. Over the past four months, the startup has leveraged the organization’s global network of mentors, experts, and corporate and nonprofit partner organizations to launch and grow their business at zero-cost and for zero-equity.
“We’re excited to celebrate the winners from this year’s Israel cohort,” said Israel Ganot, Managing Director of MassChallenge Israel. “Each startup has spent the past four months working towards creating long-term value and positive impact in their respective industries. I’m excited to continue to work with these startups and key players across the ecosystem in order to create a tremendous impact in Jerusalem and beyond.”
Click here for the full list of MassChallenge Israel winners. (http://masschallenge.org/mc-startups?prog=masschallenge-i…)
MassChallenge is the most startup-friendly accelerator on the planet. No equity and not-for-profit, we are obsessed with helping entrepreneurs across any industry. We also reward the highest-impact startups through a competition to win a portion of several million dollars in equity-free cash awards. Through our global network of accelerators in Boston, the UK, Israel, Switzerland, and Mexico, and unrivaled access to our corporate partners, we can have a massive impact – driving growth and creating value the world over. To date, 1,211 MassChallenge alumni have raised over $1.8 billion in funding, generated over $700 million in revenue, and created over 60,000 direct and indirect jobs. For more information, please visitmasschallenge.org.
MassChallenge Israel is proud to be supported by partners including:
Ministry of Jerusalem and Heritage, The Jerusalem Development Authority, Ministry of Economy, PTC, Poalim Hi-Tech, The Kraft Group, Robert Bosch Venture Capital, CJP, Dell EMC, The Jerusalem Foundation, IBM, Liberty Mutual, The Boston Consulting Group, Strauss Alpha, The Kitchen, Tnuva, Wissotzky, HFN, Yigal Arnon & Co., FBC & Co, Reinhold Cohn Group, Sagent Management. Source :