One of 85 startups led by women selected to receive 75K Euro and mentoring from the EIC to enhance business development. Quoting from the evaluation:
The detection device is convincingly described, and the proposal outlines a detailed analysis of the relevant deep-tech innovation. appropriately supported by relevant scientific publications and describes cutting-edge improvements. The StrokeAlert System provides a unique value proposition based on relevant competitive advantages (cost-effective, continuous, bedside, non-invasive monitoring).
Compared to alternative solutions it therefore provides a significant improvement, which has the potential to translate into significant market product. Current results are convincingly detailed:
signal comparison between StrokeAlert prototype and Ultrasound Doppler signals shows very promising. A proof-of-concept has been demonstrated. The current Technology Readiness Level (TRL) is 5: a working prototype has been developed. The upside potential is significant, as the proposed sensor-based monitoring system is a potential game changer in avoiding strokes.”

Stroke alert receives 2.5M ILS for developing a system to monitor, detect, and alert for stroke. The scope of funding covers: hardware and software development IP, clinical studies, regulation, and market research. As the CEO is a woman (Dr. Ben-Pazi), holding more than 33% of shares the funding will cover 75% of the budget. This is the first year budget of 2 years. Second-year funding is expected for an additional 5M ILS (70% funding) once milestones are met.

Avertto was selected as our trademark name for the product (following a trademark check). Averto is Alert in Esperanto, an international language. A signifies the artery, v the vein. We add the double tt to demonstrate both carotid arteries.

Fantastic opportunity to be recognized among the five finalists out of 780 ground-breaking startups for the 2023 Aviram Foundation awards, aimed at young and promising entrepreneurs in the MENA region who are devoted to changing day-to-day reality and improving the lives of the world population through business, innovation, and aspiration. We are proud to stand alongside our fellow innovators, driving impact and changing our world and the quality of life for billions globally. We are proud of this achievement and remain committed to our mission of helping humanity by providing preventive care for Stroke risk.
We can save time and "Monitor. Detect. Alert" stroke BEFORE it occurs, enabling correct treatments within the GOLDEN HOUR through our ground-breaking technology. This recognition will serve as a jumping point in, continuing our mission to impact humanity for good.
Once again, thank you all for your heartfelt responses and immense humanitarian hugs. We are motivated and capable of taking on this task!
We won’t stop until it happens.