Israeli biotech co Matricelf ranked 3rd in Startups World Cup

• Author: Globes correspondent
• Published date: 03 October 2022
• Publication title: Globes (Rishon LeZion, Israel)

The Startups World Cup, which is sponsored by the Pegasus venture capital fund, is the world's biggest startup competition, in which some 17,000 companies compete from about 70 geographical regions around the world. Pegasus Tech Ventures is a global venture capital fund headquartered in Silicon Valley

Matricelf CEO Dr. Asaf Toker said, "It is a great honor for me to represent Matricelf in US investment fund Pegasus's prestigious tournament, in which we unveiled the company's technology to hundreds of guests, various fund and company managers from around the world, and to reach the top three most promising companies indeed represents a huge success and expression of confidence in our way of creating a solution for paralyzed patients following trauma injuries in the spinal cord and for the future of other illnesses."

Matricelf chief Scientist Prof. Tal Dvir added, "It thrills me as the Chief Scientist of the company and the father of the technology to receive international recognition for the technology I have been working on for the past decade. There is no doubt that the transition from academia to industry is a challenge for us, and this recognition by the industry that we are in the top 3 of the most promising companies in the world is another milestone in my work to repair spinal cord and other diseases that are in development."

Matricelf develops autologous implants for the regeneration of damaged body tissues and organs for a variety of diseases and medical conditions, by using a cellular component and an...