2nd Israeli Emerging Technologies
Conference Worldwide
Delivered – Virtually
January 14, 2025
Welcome to the 2nd Annual Israeli Emerging Technologies Conference Worldwide. Discover how innovators from Israel are driving advancements in cutting-edge technologies across various industries. Hear from CEOs and experts as they share their insights into the latest breakthroughs. Join us virtually on January 14, 2025, and gain unparalleled access to emerging trends shaping the future of technology.
Quantifying Innovation in Israel
Israel ranked 14th overall in the 2023 Global Innovation Index in 2023. World Bank data shows that in 2020, there were 16,898 new limited liability corporations (or equivalent) registered in Israel. Another report indicated that there were 7,158 active startups in Israel’s innovative tech scene in the first half of 2024. VC Café indicated that Israel has 131 unicorns, which is over 10% of the global total.
At 994 patent applications per one million Israelis, Israel ranks fifth in the world in terms of patents per capita. According to the data from 2020, Israel produced 22,743 scientific publications, which translates to 2,402 publications per million population—well above the global average.
Reasons for Israeli Innovation
There are many reasons for the Israel’s wealth of innovation. Some of these factors include:
- Resilience and Problem-Solving Mindset: Israel’s history of overcoming challenges has fostered a national culture of resilience and creative problem-solving.
- Risk-Taking and Entrepreneurial Spirit: The Israeli culture embraces risk-taking and entrepreneurship, creating an environment where failure is seen as a stepping-stone to success.
- Mandatory Military Service: Compulsory military service exposes young Israelis to cutting-edge technology, instills leadership skills, and promotes teamwork and problem-solving abilities.
- Economic and Government Support: Israel invests approximately 4.9% of its GDP in research and development, one of the highest rates globally.
- Government Initiatives: Programs like the Technology Incubator program (which includes over 25 incubators) and the Israel Innovation Authority (which has an annual budget of over $400 million) provide substantial funding and support for startups and R&D projects.
- Public-Private Partnerships: There is strong collaboration between the public and private sectors to foster innovation.
- Density and Interconnectivity: With over 6,000 active startups in a small geographical area, there is a high degree of networking and collaboration. Also, over 200 multinational corporations have established R&D centers in Israel.
In Q1 2024, Israeli startups raised $1.74 billion, just 1% less than Q1 2023, showing signs of stabilization after a downturn in 2023. The number of deals increased to 113 in Q1 2024, reversing the downward trend since Q1 2022. Early-stage investments surged, with 51 seed deals accounting for nearly half of all transactions. Seven mega-rounds over $100 million each captured 49% of the total capital for Q1 2024.
The following are among the recent acquisitions of Israeli companies:
- SAP acquired WalkMe for $1.5 billion
- Permira Growth Opportunities acquired 60% of BioCatch for $750 million, valuing it at $1.3 billion
- Nvidia acquired Run:ai for an estimated $700 million
- Blackstone acquired a majority stake in Priority Software at an $800 million valuation
- Palo Alto Networks acquired Talon Cyber Security for $625 million
- Check Point acquired Perimeter 81 for $490 million
- Hewlett Packard Enterprise acquired Axis Security for an estimated $400 million
- CrowdStrike acquired Bionic for approximately $350 million
The Israeli IPO market is vibrant. Recent activity includes:
- Gauzy completed its IPO, and raised $75 million, in May 2024.
- Meitav Trade Investments arranged for its 2024 IPO on the Tel Aviv Stock Exchange.
- Cato Networks, a cybersecurity company, is reportedly planning its IPO.
- Snyk, a cybersecurity company, is said to be working on a confidential prospectus.
- Via is a smart transportation company that recently raised money at a $3.5 billion valuation.
- eToro, an online trading platform, is reportedly contemplating an IPO.
Did you know……
- Israel is roughly the same size as New Jersey, covering only about 8,550 square miles.
- The Dead Sea, located in Israel, is the lowest point on Earth at 1,315 feet below sea level.
- Israel has more trees today than it did 50 years ago, thanks to extensive reforestation efforts.
- Israel has one of the highest population growth rates in the world at 2%.
- It has the highest number of museums per capita in the world, with over 230 museums.
- Hebrew is the only language in the world that has been successfully revived from extinction.
- Israel is the only country with mandatory military service for women.
Each management team will discuss their company’s existing and forthcoming product offerings. They will apprise listeners of their addressable markets and go-to-market strategies. They will inform us of their research and development efforts, proprietary technologies and patent portfolios. They will tell us about their business models including the extent of their collaborations, licensing strategies, market positioning and pricing strategies, distribution channels, manufacturing strategies, milestones and exit strategies.
Please check back for the agenda of presenting companies. If you would like to nominate a company to present, please contact David Wanetick at dwanetick@davosinthedesert.us. In the meantime, you can listed to previous conference presenters at this link
Register now to listen to presentations from industry leaders and innovators. Registration is free for members of Davos in the Desert. Non-members can register now for just $10. No refunds.
Secure your spot today and get a close look at some of Israel’s most dynamic companies!