Patented breakthrough energy harvesting technology with multiple applications
Sol Chip's patented Light Chip™ is exceptionally small, efficient, and easy to integrate. It works in both outdoor and indoor environments. With Sol Chip's innovative charging and control circuitry, it creates a 'solar battery' that provides never-ending energy 24/7/365 to small devices. The ability to eliminate batteries and wires as a power source for small devices has numerous applications in many markets such as precision agriculture, industrial IoT, smart home, smart cities, and asset management, all presenting multi-billion-dollar market opportunities. Sol Chip has already deployed its technology in commercial sales as well as part of numerous pilots the company executes nowadays, and the superiority convinces customers of the Sol Chip solution. The company faces a growing demand for its solutions due to its ability to tackle multiple aspects of the climate crisis and digitalize different processes to achieve optimization, save resources and improve yields.
A comprehensive solution for precision agriculture in times of a climate crisis
Based on the Light Chip, Sol Chip built complete sensing, control, and command platform for precision agriculture. The SolTag platform can read data from dozens of sensors, deliver this data via long-range communication to a crop-specific irrigation and fertilization decision support system, receive instructions to control valves and switches, control the operation of sensors, and provide enough energy to execute these commands. Using the Sol Chip solutions results in better crops, improved yield, and a substantial saving in water and chemical costs. Such benefits are much more crucial due to the climate crisis's implications.
By providing an autonomous energy source, the communications infrastructure, the sensor, and valve connectivity, the control and command, the data cloud, and the decision support system, Sol Chip has a unique opportunity to become the data company for precision agriculture. It can leverage millions of data points the company has to provide valuable insights to farmers, agro-chemical companies, and government organizations.
Currently, the company already provides an AI-based solution for irrigation used among customers in Europe while implementing ML technology for fertilization as part of its solution.
This system can support any kind of crop. It provides AI support for irrigation in the following crops: alfalfa, asparagus, broccoli, cabbage, corn, fava bean, dates, grapes, lavender, melon, potato, rosemary, soybean, thistle, tomato, and zucchini. Additional crops can be added quickly based on customer demand.
Advanced PropTech technology and savings for a market worth dozens of billions of dollars
Sol Chip digitization solutions are compatible with multiple verticals, including the construction industry and additional industries within logistics and real estate. For example, Sol Chip is in the process of developing a Digital Valve for office/home hot-water radiators. It provides a smart monitoring and control solution for plants, heavy industry, and logistics. As such, it significantly saves energy costs within industrial spaces, identifies hazardous leaks, and can track containers in real-time. The energetic saving, critical for the current climate crisis as well as geo-political energy crisis, and the advanced communication capabilities of this technology, have already created tremendous savings for Sol Chip's clients in these domains.
Sol Chip's platform supports the following SDG goals:
Deployment and partnership with customers worldwide.
Sol Chip products are already deployed around the globe. For instance, Golan Heights Winery and Neot Smadar in Israel use Sol Chip devices to monitor and control irrigation systems for vineyards. Additionally, the company already partners with Japan Post, agricultural organizations in Indiana, USA (WHIN), Japanese corporation Yanmar, Italian-based companies Soonapse and Novomat, and the Israeli Ministry of Defense, aiming to implement its groundbreaking solution within different domains such as monitoring, consumer goods, and the security industry. Such partnerships have already generated revenues for the company based on the sale of the technology it has developed.
Investment alongside international VCs and Israel Electric Corporation
Sol Chip is backed by investors and VCs in Israel and worldwide. The company has already raised funds from the Trendlines group - the leading incubator in Israel that invests in early-stage agricultural ventures and from serial investor Vincent Tchenguiz's group. Other notable investors are Israel Electric Corporation and OSEG.
A world-class team of seasoned experts
Sol Chip is led by a world-class team of experienced business, technology, and agriculture experts. Teddy Golan, the company's CEO, has vast experience in energy, environment, and ecology, as he served, among other positions, as the CEO of AMS Technologies. Alongside Teddy, the company's leadership includes Dr. Shani Keysar, inventor of the technology and a leading researcher at the Technion and at Jazz Tower (currently Intel), Rami Friedlander, its CTO, who holds more than 25 years of leadership in global companies such as nVidia, Marvell and Zoran, and Dan Dishback, a serial entrepreneur, and a team of highly skilled professionals.