Elron Ventures Ltd · TASE:ELRN
Elron Ventures — Investor Presentation (January 2026)
54 slides from Elron Ventures's investor presentation, January 2026
Slide 1: Elron Ventures - Investor Presentation January 2026
Elron Ventures - Investor Presentation January 2026
Slide 2: Disclaimer
Disclaimer This presentation is for information purposes only. By this presentation, Elron does not intend to solicit offers to purchase its securities and the presentation does not constitute an invitation to receive such offers, and nothing said therein constitutes a “public offering”, as defined
Slide 3: Elron Ventures Corporate Overview
Elron Ventures Corporate Overview Established in 1962, Israel’s first evergreen fund; partnership with Rafael for over three decades Controlling Shareholder Currently Invests in Deep 26 Portfolio Arieli Group, since Sept. 2024 Tech, Defense Tech, Cybersecurity, SaaS; Companies* Legacy Healthtech por
Slide 4: 2025 Summary - A Year of Building, Exits, Growth and Value Creation
2025 Summary - A Year of Building, Exits, Growth and Value Creation Proven track record of success and shared value since September 2024 Under new management, Elron is implementing a strategy focused on early-stage investments in defense-tech and deep-tech, alongside cyber investments. Concluding th
Slide 5: Elron Management
Elron Management Combining expertise in deep tech, investment and finance Yaniv Shnieder Lisya Bahar Manoah Rony Gur Arie CEO of Elron Ventures Active Chairperson CFO and Co- CEO of RDC of Elron Ventures of Elron Ventures Seasoned technology leader with 25 years of deep Managing Partner @Arieli Grou
Slide 6: Elron's Joint Team with Rafael (Through RDC)
Elron’s Joint Team with Rafael (Through RDC) Lisya Bahar Manoah Yaniv Shnieder Rony Gur Arie Yaron Kulas Lior Levinsky Managing Partner & Managing Partner & Partner & CFO Co-CEO @RDC CFO @RDC Chairperson CEO Combining knowledge and experience to accelerate investment growth Erez Berkovich, Phd Paul
Slide 7: Portfolio Company News
Portfolio Company News Zengo achieves ISO 27001 certification; Nitinotes receives CE Mark approval for Red Access named a Leader in the 2025 MoonPay makes a strategic investment in the EndoZip System; GigaOm Radar for Secure Enterprise Zengo and becomes its exclusive on/off- Treats first patient in
Slide 8: Elron Portfolio Snapshot
Elron Portfolio Snapshot Companies New crossing all stages as a growth catalyst for the coming years Legend Cybersecurity Medtech SaaS Deep Tech / Defense Tech Other Seed Round A Round B Round C E→ E→ 8
Slide 9: A Global CISO Investment Micro-fund Established by Elron
A Global CISO Investment Micro- fund Established by Elron CyberFuture showcases a select group of top CISOs with resumes from leading global organizations: CYBERFUTURE PORTFOLIO ‘Separating the wheat from the chaff’ in a fragmented space We are able to identify compelling domains and emerging trends
Slide 10: Select Portfolio Companies
Select Portfolio Companies 10
Slide 11: ADDIONICS Deep Dive
DEEP TECH / DEFENSE TECH ADDIONICS Deep Dive 11
Slide 12: ADDIONICS
ADDIONICS VISION PRODUCTS To enable high-performance, low-cost energy storage, Porous 3D current collectors that allow cheaper, for any type of battery, in the electric vehicle, space, lighter, faster-charging, and more conductive and defense industries. batteries. INVESTMENT PARTNERS OUR INVESTMENT
Slide 13: The combined worldwide revenue for emerging battery technologies will be almost $48B by 2033
The combined worldwide revenue for emerging battery technologies will be almost $48B by 2033 * Worldwide electrification and energy transition trends are driving growing demand for enabling power, battery and energy technologies, and replacing lithium-ion batteries, which dominate markets Ongoing in
Slide 14: Significantly enhancing battery performance while reducing production costs
Significantly enhancing battery performance while reducing production costs Addionics’ 3D current collectors have a unique architecture and porous nature allowing a higher loading of the active material, while reducing weight and cost Addionics’ differentiator: While competing approaches are focused
Slide 15: STATUS
STATUS 2025 ACHIEVEMENTS Entering the defense and space market: Elron led a strategic investment in the company to support its efforts to penetrate these markets. Lisya Bahar Manoah, Chairperson of Elron Ventures, joined the board of directors of Addionics. The world's first factory for the producti
Slide 16: Tamnoon Deep Dive
CYBERSECURITY Tamnoon Deep Dive 16
Slide 17: TAMNOON
TAMNOON VISION PRODUCT To revolutionize cloud security with a reliable, efficient, A managed cloud security service that combines AI and optimized service. and human expertise into one. INVESTMENT PARTNERS OUR INVESTMENT ADDITIONAL INFO Bright Pixel Capital, Blu Ventures, In 2025, RDC made a follow-
Slide 18: Cloud security spending expected to grow to $31.5B in 2029
According to Gartner, spending on cloud security is expected to grow to $31.5B in 2029, at a CAGR of 25% Tamnoon addresses a critical market need As cloud usage continues to grow, so does the burden of ensuring its security. Cloud teams are overwhelmed by numerous, vague cloud security alerts, leadi
Slide 19: "Supervised autopilot" for cloud security
"Supervised autopilot" for cloud security: Blending AI efficiency with human intelligence to deliver faster, more effective cloud risk reduction Tamnoon provides a managed cloud security remediation service that uses AI and human experts (CloudPros) to prioritize, investigate, and fix security alert
Slide 20: STATUS
STATUS 2025 ACHIEVEMENTS Wiz Partner Award: Tamnoon was honored with the inaugural Wiz Integrations (WIN) Partner Award for its work in enhancing cloud security for mutual customers. Tami AI Agent Launch: Tamnoon launched Tami, its AI cloud SecOps agent designed to streamline alert triage and respon
Slide 21: Notal Vision Deep Dive
MEDTECH Notal Vision Deep Dive 21
Slide 22: NOTAL VISION
NOTAL VISION VISION PRODUCTS To extend retina disease management from the clinic Notal’s products help in detecting and monitoring to the home, providing full disease support from the progression of the disease, allowing for earlier detection to treatment, and revolutionize age-related clinical inte
Slide 23: ~200M people globally have some form of AMD
~ 200M people globally have some form of AMD, projected to reach 288M by 2040 What is AMD? The Stages of AMD AMD is a degenerative disease of the central retina, AMD includes 2 stages: which mainly affects people over the age of 60, and • “Dry” stage: A slow breakdown of the eye's macula, which can
Slide 24: Improving vision with early detection
Improving vision with early detection Early diagnosis with ForeseeHome AMD Monitoring Program Addressing risk of missed/late Proven outcomes detection ForeseeHome helps physicians to detect wet AMD earlier to This program is for patients with intermediate dry AMD preserve functional vision with time
Slide 25: Reducing costs and improving outcomes with personalization
Reducing costs and improving outcomes with personalization Treatment optimization with SCANLY Home OCT (Optical Coherence Tomography) system Addressing risk of Proven outcomes With SCANLY, retina specialists in a clinical trial recommended delaying undertreatment/overtreatment treatment in 43% of ca
Slide 26: STATUS
STATUS The Medical Devices FDA approved for marketing in the U.S. ForeseeHome - AMD detection | Scanly Home OCT - AMD monitoring The Monitoring Program The monitoring service is provided by the Notal Vision Monitoring Center: • The monitoring center is responsible for providing the device to the pat
Slide 27: CyberRidge Deep Dive
DEEP TECH / DEFENSE TECH CyberRidge Deep Dive 27
Slide 28: CYBERRIDGE
CYBERRIDGE VISION PRODUCT To change the cybersecurity game rules with physics by A quantum-safe solution for transmission of data removing data from the game, and protect the world’s over public infrastructure, which prevents data most sensitive data from interception, surveillance, and interception
Slide 29: The Problem: quantum security market growth
The quantum security market is projected to grow from ~$0.7B today to ~$10B by 2030, at a CAGR of over 50% Quantum computers are expected to be powerful enough to weaken and break today’s cryptographic algorithms There is a consensus that organizations need to prepare for post-quantum cryptography (
Slide 30: No way to harvest & hack data offline = no exposure
No way to harvest & hack data offline = no exposure CyberRidge prevents Harvest-Now-Decrypt-Later attacks, by making data-in-transit unrecordable and quantum-resilient from day one CyberRidge transforms critical data over high-capacity public infrastructure into optical noise that no computer power
Slide 31: STATUS
STATUS • White Label agreement with Singapore’s largest system integrator • Deployed at defense, intelligence, and telecom organizations in Europe, Singapore, and Australia, as well as Israel’s military intelligence division • Received a Gartner Cool Vendor certificate This slide contains forward-lo
Slide 32: Cyvers Deep Dive
CYBERSECURITY Cyvers Deep Dive 32
Slide 33: CYVERS
CYVERS VISION PRODUCTS Establishing Cyvers as the go-to platform for financial Web3 security for digital assets, using AI to detect institutions navigating digital asset adoption, by solving and prevent real-time cyber threats. critical gaps in real time security, fraud detection, and compliance ope
Slide 34: At least $28B stolen in hacks and scams has flowed into crypto exchanges
At least $28B stolen in hacks and scams has flowed into crypto exchanges over the last two years Security and fraud risks are the main barrier for digital assets adoption in the financial industry $24.5B Blockchain is positioned as the financial infrastructure of the future, but adoption by traditio
Slide 35: Cyvers' threat prevention solution
Cyvers’ threat prevention solution Proactive AI-powered platform for security, fraud & compliance The platform detects malicious activity pre-transaction, analyzes anomalies and sends immediate alerts - across major chains Losses in hacks and fraud prevented by Cyvers for its clients (and their user
Slide 36: STATUS
STATUS 2025: Significant Growth Launched several new products Major customers secured ✓ secure smart transaction signing for Such as Ledger, the world’s most widely used wallets cold wallet, which holds around 20% of all ✓ a protection service for stablecoin crypto assets. issuers as well as leading
Slide 37: RedAccess Deep Dive
CYBERSECURITY RedAccess Deep Dive 37
Slide 38: RED ACCESS
RED ACCESS VISION PRODUCTS To secure the modern workplace, without disruption or An agentless, cloud-native web session security infrastructure changes. platform that protects browsing activities, web apps, and data flows. INVESTMENT PARTNERS OUR INVESTMENT ADDITIONAL INFO Norwest Venture Partners,
Slide 39: 79% of organizations plan to implement SSE within 24 months
79% of organizations plan to implement Security Service Edge (SSE) within 24 months SSE provides secure access to web, cloud services, and private applications, anywhere and on any device. GROWTH DRIVERS ADOPTION BARRIERS • Cyberattacks are expanding and sophisticated (including • Concerns about the
Slide 40: Red Access's differentiator: Securing web activity at the session level
Red Access’s differentiator: Securing web activity at the session level An advanced enterprise browsing security platform that protects users in real time - instead of relying solely on network or device controls • Agentless, no new software, browser, extensions = easy to deploy and maintain. • Work
Slide 41: STATUS
STATUS Since its $16M Series A funding round, Red Access has made several significant management additions as part of its expansion of the organization and to accelerate its strategic plan. The new funding is intended to enable Red Access to expand its global presence, increase support and service c
Slide 42: NITINOTES Deep Dive
World’s First Approved Automated Endoscopic Treatment for Obesity NITINOTES A Unique Investment Opportunity Deep Dive 42
Slide 43: NITINOTES
NITINOTES VISION PRODUCT To transform obesity treatment by providing a novel Endozip- a fully automated, minimally invasive minimally invasive solution. suturing system for endoscopic gastroplasty (ESG) to treat obesity, that reduces stomach volume without external incisions. INVESTMENT PARTNERS OUR
Slide 44: Obesity is a global epidemic fueling a +$4B market opportunity for ESG
Obesity is a global epidemic and discontinuing GLP-1 therapies is fueling a +$4B market opportunity for ESG Endoscopic gastroplasty (ESG) uses an endoscope to suture the stomach from the inside, reducing the volume of the stomach, with no external cuts or scars Global Obesity 1.13B Global Obese Popu
Slide 45: Endozip: Automated ESG suturing system for obesity
Endozip: Automated ESG suturing system for obesity Automated ESG Suturing A Systeminvasive minimally for Obesityrobotic system that uses an endoscope inserted through the mouth to automatically place sutures along the stomach walls that reduce the stomach’s size Automation 3 steps Proven Results Red
Slide 46: STATUS
STATUS Milestones Completed 2026 Goals EndoZip developed Begin commercialization in Successfully completed 3 EU Europe clinical studies FDA approval of US IDE study Complete US IDE study in 2026 Received CE mark Enable mass manufacturing Reported on first patient treated in US IDE study This slide c
Slide 47: Our Investment Strategy
Elron Our Investment Strategy
Slide 48: Strategic Growth
Strategic Growth Expanding investment stages and entering Deep Tech to maximize value through quicker exits Deep Tech & Defense Tech Early Growth Investments Primary & Secondary Global In Addition to Cybersecurity Investments Reach & SaaS Reducing risk and Large markets in which we Investing directl
Slide 49: Elron and Rafael's Partnership
Elron and Rafael’s Partnership Boosting Technological, Product and Market Superiority Mobilizing the right mechanisms and teams at Rafael to work with deep tech & cybersecurity ventures Technology Validation & Due Spinoffs Based on Rafael’s IP Design Partnership with Gateway Into High-Entry Diligenc
Slide 50: DEEP TECH: Exponential growth potential, expected to reach €8 trillion in 2030
DEEP TECH: Reshaping industries representing exponential growth potential - expected to reach €8 trillion in 2030 By 2030 the global value pool (the sum of new revenues & avoided costs) TOP 10 DEEP TECH SECTORS associated with the top ten deep tech sectors will be ~€8T Technology Cluster Application
Slide 51: DEFENSE TECH: A $250B opportunity to build a modernized defense frontier
DEFENSE TECH: A $250B opportunity to build a modernized defense frontier Defense innovation is now seen as critical to national survival, strategic competitiveness, and economic resilience U.S. FY 2026 NATIONAL ALLOCATION TO ALLOCATION TO RDT&E IN USA EUROPEAN DEFENSE DEFENSE BUDGET PROCUREMENT OF W
Slide 52: Thank you
Thank you elronventures.com Investor Relations: Chen Livne IR contact person Chen@livne-ir.co +972 -52 9692983
Slide 53: Portfolio Overview: Mature Portfolio Companies
Portfolio Overview: Mature Portfolio Companies New BITSIGHT AXONIUS ADDIONICS ZENGO * Cybersecurity ratings and risk intelligence for organizations *, Cybersecurity asset management platform that secures and manages Advanced current collectors for improving 3%* Crypto wallet that doesn’t compromise
Slide 54: Portfolio Overview: Next Generation
Portfolio Overview: Next Generation New CYBERRIDGE RED ACCESS TAMNOON BREEZE Photonic encryption for quantum-safe data 11%* Third generation web protection platform 21%* Tech-driven managed cloud protection service 7%* AI-based enterprise cybersecurity program & 13%* transmission Our posture managem
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