# Israel Electric Corporation

> Israel Electric Corporation is a VC fund backing Power Grid and Energy. See 2 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Haifa, Israel
- Total investments: 2
- Last investment: Apr 2022
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/israel-electric-company/
- X (Twitter): https://twitter.com/IecIsrael
- Website: https://www.iec.co.il/en/pages/default.aspx
- Facebook: https://www.facebook.com/israelelectric/

Israel Electric Corporation is a VC fund in Haifa focused on Power Grid and Energy. The Company’s main activities take place within the State of Israel. It generates, transmits, distributes, and supplies most of the electricity used in the Israeli economy according to licenses granted by virtue of the Electricity Sector Law, 1996. In addition, the Company acts as “administrator of the country’s electricity system”.Furthermore, the Company is a licensed essential service supplier (as defined in the Electricity Sector Law, 1996) and functions as constructor of the required infrastructure for the remainder of its activities. The IEC (TASE: ELEC.B22) strives to continue leading the Electricity Sector in Israel, adapting itself to changing economic conditions and financial, social and technological changes.

## Contacts

5 contacts available for Israel Electric Corporation. Shizune tracks 3 team members at Israel Electric Corporation. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/israel-electric-corporation?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Power Grid | 2 | 100% |
| Energy | 1 | 50% |
| Sensor | 1 | 50% |
| Railroad | 1 | 50% |
| Oil and Gas | 1 | 50% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 50% |
| Corporate Round | 1 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Ofer Bloch | CEO | 0 | https://shizune.co/investors/profile/ofer-bloch |
| Pinhas Rutenberg | Founder | 0 | https://shizune.co/investors/profile/pinhas-rutenberg |
| Yaron Agami | Power System Engineer | 0 | https://shizune.co/investors/profile/yaron-agami |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Prisma Photonics | Prisma photonics helps to keep the most critical large-scale infrastructure running. Introducing the next generation of utility monitoring paving the way to smarter, safe, and efficient operations. We empower our customers and provide them with the best actionable insights on their assets, enabling them to move to a new era of digitalization.Prisma Photonics was founded in 2017 by a strong team of entrepreneurs, highly experienced in lasers, optical fiber, algorithms, and machine learning. Combining talent from the physics and laser world with algorithmic and machine learning expertise. The company is now in commercial deployment stage. |  | Corporate Round | Apr 06, 2022 |  |
| Nostromo | Nostromo Energy designed a water-based energy storage system that is challenging the current BTM energy storage landscape. | $6.6M | Seed | Mar 01, 2018 |  |

2 of 2 investments shown.

## Co-investors
- [BIRD Foundation](https://shizune.co/investors/profile/bird-foundation) — VC Fund, 1 deal together
- [Menora Mivtachim](https://shizune.co/investors/profile/mivtahim-israels-largest-pension-fund) — VC Fund, 1 deal together
- [Shell](https://shizune.co/investors/profile/royal-dutch-shell) — VC Fund, 1 deal together

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## Featured in investor lists
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## FAQ

### What does Israel Electric Corporation invest in?

Israel Electric Corporation invests primarily in Power Grid, Energy and Sensor startups, most often at Seed and Corporate Round stage. Most of the 2 investments tracked by Shizune back companies in Israel. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Israel Electric Corporation?

Public channels for Israel Electric Corporation include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Israel Electric Corporation?

The team at Israel Electric Corporation includes Ofer Bloch (CEO), Pinhas Rutenberg (Founder) and Yaron Agami (Power System Engineer). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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