Joy Ventures, a Tel Aviv, Israel-based startup studio seeding and funding companies building consumer products for emotional wellbeing, launched its Entrepreneur-in-Residence (EIR) platform to establish new startups in the category.
The platform will serve as the cornerstone of Joy Ventures’ venture design efforts, extending the company’s existing product ideation programs, and operating in parallel to its continued investment activity in early to growth stage startups.
The EIR platform offers entrepreneurs the opportunity to launch leading companies that help people across the globe live more joyfully. The companies will be based on the entrepreneurs’ own ideas or on science-backed consumer product ideas seeded from Joy Ventures’ existing innovation programs. Joy will provide entrepreneurs with essential resources including financing, mentorship, and domain expertise.
The EIR platform will be spearheaded by Ron Gabay, Joy Ventures’ Head of Innovation & Venture Design.