J-Ventures Investor Conference kicks off second year with an emphasis on Impacttech
The conference, now in its second year, invites guests and LPs to discuss how to make a better world through powerful investments
As well as the keynote event, a variety of panels and discussions took place. J-Ventures Venture Partner Michael Matias conducted 6-minute interviews with eight J-Venture portfolio companies including Adam de la Zerda, Founder and CEO of Visby Medical; Omer Davidi, Co-founder and CEO of Beehero; Amit Haller, Founder and CEO of VEEV; Aaron Tartakovsky, CEO and Co-Founder of Epic Cleantech; Adi Wallach, CEO and Co-Founder, Calmigo; Dr. Jessica Green, CEO and Co-Founder of Phylagen; Oded Kraft, CEO and Founder of GrayMatters; and Jeff Cole, CEO and Co-founder of Hidden Level.Two areas were highlighted as sectors of interest during the conference that suggests how companies and VCs might be able to help with their aim to ‘repair the world’. During the ‘Changing The World’ Panel, Agtech and Climatetech were addressed by experts such as Dganit Vered, CEO of Smart Agro fund, and Dr. Gal Yarden, Co-founder & CTO of AgChimedes Group. “During Covid-19, we all understood that the resilience of food is probably the most critical issue threatening our food supply and food security,” said Dr. Yarden. Vered added that “when you look at climate change, we’re heading towards a brick wall in a train very fast. It’s not like a slow motion movement to try and feed the world. It is a problem that is accelerating extremely fast.”
“We decided to do something about the emission which comes from transportation and we focused on Trucks,” said Lior Ron, Head of Uber Freight, which serves 1 million truck drivers and who is part of Uber’s management. The panel moderated by Sandhaus discussed Energy and the transfer to EV across different sectors and it included Neil Schloss, former CFO at Ford Mobility and Controller of Ford Motors; David Arfin, who invented SolarCity’s solar lease; and Josh Richman, Chief Revenue Officer for PsiQuantum.
Ron continued: “Seven percent of the global emission is coming from trucks. The industry can solve the emission in two ways: one is moving to EV trucks, but the adoption is hard, as batteries are heavy and it’s hard for big trucks. So instead, there’s a push on hydrogen. The other way is to optimize the freight. Forty percent of the miles of trucks are trucks that are driving empty - and this is what we tried to do: organize the fright in the U.S and around the world and now we have 1 million truck drivers we minimize the empty trucks by 30%. This is substantial in terms of impact.”The event had 28 speakers, all of who were either investors in the fund or founders from its portfolio, and 400 participants. J-Ventures operates as a collaborative community of leaders with shared values and a network of connected capital. Its fund is backed by 250 experts across a variety of industries. Its two funds have invested in Hourly, Allstar, Hoopla, BeeHero, and more. Its management team has invested in companies like face.com (acquired by Facebook), Yotpo, and IMGN (acquired by Warner Music Group).