New-Create

Company Overview

Snapshot

Founded in March 2006 by Eyal Sherman and Oz Shenhar, New-Create operated with 1–10 employees. The company secured $1,000,000 across one funding round from one investor. New-Create ceased operations in August 2023.

Business overview

New-Create developed autonomous robots designed for quiet, long-duration hovering in indoor environments. The company's core technology focused on patent-protected equilibrium maintenance, enabling energy-efficient operation. Operating within the Industrial Technologies sector, New-Create served industries requiring advanced robotics and process automation, specifically in the Machinery & Robotics category.

Company Intelligence Q&A

What is New-Create's primary focus?

New-Create specializes in developing energy-efficient hovering robots for indoor environments, utilizing patent-protected technology to maintain equilibrium with minimal energy consumption.

When was New-Create founded and by whom?

New-Create was founded in March 2006 by co-founders Eyal Sherman and Oz Shenhar.

What was the company's operational status?

New-Create ceased to operate in August 2023.

What was the total capital raised by New-Create?

New-Create raised a total of $1,000,000 across one funding round.

In which sector did New-Create primarily operate?

New-Create's primary sector was Industrial Technologies, with a focus on Machinery & Robotics and Process Automation & Intelligence Systems.