The global financial crisis is now also reaching a place where many thought it would never, the Israeli hi-tech industry. Numerous companies have laid off a large part of their workforce, some even saying goodbye to up to 15 percent. In addition to layoffs in the Israeli branches of large international companies such as Intel…
From plant-based salmon and lab-grown cultured tuna, to real sugar that is 50% sweeter, the innovation happening in the Israeli food-tech system is astounding and changing the very definition of food. The story of DouxMatok follows the life of Prof. Avraham Baniel (recently celebrated 102). Beginning with just an idea in 1944 during WWII when…
Israeli technologies are flying up, with 33 new Unicorns “born” this year alone, which means startups that are valued at over $1 billion. In 2020, there were only 20 Israeli unicorns. The three dominating sectors are fintech, cybertech, and tech infrastructure, which have led the way bringing in a total of $24.5 billion in the…
A recent study found that Israel’s hi-tech industry, while made up of over 335,000 people, is led by about 20,000 people, or 6%. The study by Sparks Consulting shows that Israel has done a stellar job marketing itself as the startup nation, and its position as a tech giant is valid; however, only a handful…
In its annual release ranking 1,000 cities and 100 countries, StartupBlink published its Startup Ecosystem Index report, listing the top tech savvy nations across the world. Israel ranked in third place, maintaining its position from 2020, yet growing significantly close to the number two spot, the United Kingdom, in quality. The two rankings were only…