How Israeli companies are riding the Covid wave to Wall Street
It’s not in spite of Covid that Israel has been able to succeed; it’s because of this challenging time that many companies reached this benchmark.
It’s not in spite of Covid that Israel has been able to succeed; it’s because of this challenging time that many companies reached this benchmark.
Despite the pandemic, Israel’s high-tech center achieved record highs in terms of investment and exits.
Topping the list was $543 million for Transmit Security, a startup dedicated to banishing passwords from online identity authentication.
High-tech employees have helped rehabilitate Israel’s economy after the economic, social, and health crises of 2020, according to the 2021 Israel Innovation Authority Report.
CropX, MDClone, Cheq, MyndYou, Phinergy among 100 global companies chosen for their potential to ‘offer real solutions to global problems.’
Israel leads world in funding growth with a 137% year-over-year increase in the first half of 2021, reaching $10.5 billion.
With 22 Israeli-founded unicorns, California has more than any other state, with New York a close second.
SPACs took off during the pandemic and created a major buzz in the Israeli ecosystem and on Wall Street as popular alternatives to IPOs.
To be chosen, startups need to be less than 10 years old and considered to be innovative, impactful and intriguing.
When coal goes through intense pressure to come out the other side as a diamond, there is always fear the coal will break. But without pressure, nothing of substance can be built.
Zeekit’s virtual try-on technology enables one of the most difficult things to replicate online: understanding how an item will actually look on you.
Collectively, these Israeli startups employ 24,223 EU residents. The majority are located in Germany, France and the UK.
MassChallenge Israel’s 2021 cohort includes entrepreneurs from Germany, Ghana, India, Mexico, Norway, Rwanda, South Africa, Spain, the UAE and US.
UAE and Israeli non-profit will form joint task force to advance technological innovation.
New York City now trails only Tel Aviv as the city with the most Israeli-founded unicorns in the world.