WEF Lists 6 Israeli Companies as Tech Pioneers

in Economy & Innovation

In their 20th year of honoring Technology Pioneers, the World Economic Forum (WEF) has included 6 Israeli companies in their list of top 100 tech-based future-focused businesses of 2020. The WEF meets every January in Switzerland, to engage “the world’s top leaders in collaborative activities to shape the global, regional, and industry agendas at the beginning of each year,” states their site.

Official logo of the World Economic Forum

The list of Technology Pioneers recognizes the significant roles that businesses play in creating environmental, social, and economic impact. The intention is to spotlight those companies pioneering the path forward using advancing technology and innovation.

The six Israeli companies listed include Aleph Farms, which produces steaks from a variety of beef cells, hence a no-slaughter solution to providing meat, and using much less water, land and animals to support the meat industry in an environmental and sustainable fashion. Another in support of the food industry is Prospera, which uses agricultural technology to optimize farm products through a mobile app.

Seebo is another on the list, which serves manufacturers with an artificial intelligence solution to support a full range production process. Optibus Ltd. Works with public transportation services to optimize a more effective urban system by managing fleets and algorithm optimization. Morphisec works within the cybersecurity field, using unique technology to not only prevent targeted attacks but to use the tactics of the attacker to reflect them. The final on the list is 3D signals, which provides insights and data to create the factories of the future.

Each of these companies has received funding, from $14 million to $53 million. They join the ranks of Google, Twitter, Airbnb, Spotify, and  Wikimedia, and are now able to participate in an invite-only space leading the world in critical discourse amidst a “group of the world’s most promising start-ups and scale-ups that are at the forefront of technological and business model innovation.”

Based in the startup city of Tel Aviv, Zo Flamenbaum is a writer and social entrepreneur who dedicates her time to mission-driven projects that empower connection between the many diverse layers of our world. In 2014, she founded School of Shine as a value-based educational space for women who are tired of the ‘default life’ and crave personal freedom through self-expression for more purposeful living.

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