The most important business areas of the Israeli startups

The most important business areas of the Israeli startups

Venture Capital

Israel is THE hot spot of the global high tech community: The ‚Silicon Wadi‘ revealed more than 6,000 startups within the last years. Our info grafic show the most important and increasing business areas.

Details

  • Author: Kathinka Arlit
  • Appeared: 27.08.2018
  • Category: Venture Capital

With a venture capital of 630 US Dollar per capita Israel is the vibrant and world leading high tech region. Saying that the top 10 business areas of the local startup community gives a good hint regarding the global high tech trends: LSP Digital has analyzed and clustered all foundings within the last three years for 2018 in comparison to 2013. The result: Most startups handle with Artificial Intelligence / Machine Learning (13%). Compared to 2013 this topic has the highest growth (225%). A success case is Verbit.ai, whose solution translates spoken into written language via AI technology. Thanks to the convincing quality the startup team gained 11 million US Dollar venture capital, one of the investors is the German publisher Holtzbrinck. Number two of the hot topic list is Finance (second highest growth within the last five years) followed by Security, a business field, in which Israel is leading since decades – thanks to their cyber unit in the Israel Defense Forces.

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