In keeping with this, exciting companies are to be found en masse.
Without a doubt, the star of the recent past is the unicorn Mobileye, manufacturer of driver assistance systems and data generator for over 20 million vehicles and car routes worldwide. Mobileye was purchased by Intel in 2017 for a spectacular US$15 billion, making in-house technology for self-propelled cars a reality.
Also of Israeli origins is a resource in the digital scene that is crucial for any desktop: SimilarWeb. Founded in 2007, the company has developed a website analytics tool that provides traffic statistics and KPI for almost every website worldwide. For this reason, it proves indispensable for developing marketing strategies and discovering new traffic sources for one’s own website.
Among the early-stage companies, Common Sense Robotics offers an interesting example: Established in 2015, the start-up provides a solution for on-demand supply chains. This is made possible by a physical cloud for urban areas: a network of micro-fulfillment warehouses located in the heart of the city. Added as a supplemental accelerator is a robotics-supported, automated fulfillment center. In doing so, online retailers can profitably offer swift delivery and steel themselves for competition with Amazon Fresh.
A further example is Axonize: Tel Aviv founders have developed a platform for controlling IoT applications, which within a few days can network and coordinate different back-ends and display them in a clear reporting system. Dashboards can be easily customized without the need for back-end developers.
This is just a small glimpse of some of the more than 6,000 start-ups that the Israeli ecosystem has created in recent years...