'Tech for humanity': Israeli startup developing universal blood awarded in Dubai

Company wins $500,000 for technology that could revolutionize the blood transfusions field by lowering prices and eliminating dependence on blood donations.

Israeli startup RedC Biotech was awarded Tuesday $500,000 at the first-ever Aviram Awards – Tech for Humanity contest held in Dubai, the United Arab Emirates.

RedC Biotech CEO Avi Gargir (right) awarded in Dubai | File photo: Elad Gutman

RedC Biotech was founded in 2015 by Ari Gargir. The company is developing universal red blood cells for transfusions, which can be suitable for any patient, thereby revolutionizing the field by lowering prices and eliminating dependence on blood donations.

The awards were organized by Israel’s Aviram Family Foundation and Forbes for innovative Middle East startups.

The foundation was established in 2011 by Israeli entrepreneur Ziv Aviram, the innovator of Mobileye driving technology.

Credit: Israel Hayom 17:13, 23.03.22