Innovation may be everywhere, but its roots run deep in Israel. When it comes to leveraging the power of Artificial Intelligence, Israel stands among the world’s foremost powerhouses. With a 1 billion NIS backing, Israel’s National AI Program aims to boost the nation’s AI capabilities. According to Startup Nation Central, comprising 30% of the tech sector, AI startups in Israel are responsible for 40% of funding activity and receive nearly half of all investments. The report also states that the Israeli AI startups have grown more than 170%, rising from 783 companies in 2014 to 2170 in 2023.[i] AI in Israel goes far beyond cybersecurity—it’s transforming healthcare, retail, automotive, agriculture, Fin Tech, Climate tech, and just about every other industry you can think of. Riding the momentum of Israel’s AI surge, OurCrowd announced a partnership with Nvidia in March 2024 to fast-track promising AI startups into the Nvidia Inception program. [ii]
A recent report by F2 Venture Capital, Google Cloud, and Deloitte Israel highlights the dynamic and rapidly evolving AI landscape in Israel. [iii]
Notable AI startups from Israel, across industry sectors [iv]
Hailo : AI Processor for Edge Devices –
Hailo is focused on enabling smart edge technologies to reach their full potential. Its solutions bridge the gap between existing and future AI technologies, providing the compute capacity needed to power these applications.
Hailo’s industry-leading edge AI processors feature high compute power at a high power efficiency and cost efficiency. One small, self-contained, low-power chip can process high-resolution videos in real time or multiple video streams and neural network models simultaneously, all within a small power budget and rigid heat dissipation constraints. The company’s product portfolio includes AI accelerators and AI vision processors, and it offers a range of standard form-factor modules and an on-PCB design track, as well as a robust and mature software toolchain.
Based in Tel Aviv with offices in the U.S., Germany, China, Japan, Korea, and Taiwan, Hailo is growing and expanding its worldwide partner ecosystem. The company’s novel, patented dataflow architecture is already implemented in hundreds of customer programs across industries including automotive, security, smart city, Industry 4.0, smart retail, and more.
D-ID : Creative AI Solution for Marketing & Sales –
D-ID’s generative AI technology elevates learning and development, sales, and marketing video content. The company’s platform enables creators to generate photorealistic digital presenters from text, dramatically reducing the cost and hassle of video production at scale.
Customers include leading e-learning platforms, Fortune 500 companies, marketing agencies, production companies, social media platforms, and content creators of all sorts.
BioCatch : AI-powered Pensions and Investment Platform –
BioCatch develops Behavioral Biometrics which analyzes an online user’s physical and cognitive digital behavior to protect individuals and their assets. Its mission is to unlock the power of behavior and deliver actionable insights to create a digital world where identity, trust and ease seamlessly co-exist.
Leading financial institutions around the globe use BioCatch to more effectively fight fraud, drive digital transformation and accelerate business growth.
BioCatch was named a cool vendor in Cool Vendors in Security: Identity and Access Management, 2013 by the Gartner Research Group.
DarioHealth : Digital Therapeutics for Treating Chronic Conditions –
DarioHealth is a global digital therapeutics company aiming to revolutionize how people with chronic conditions manage their health, with offerings that include highly rated diabetes and hypertension solutions.
The companys AI-powered digital therapeutic solutions are designed to do more than simply support an individual’s disease. Dario provides adaptive, personalized experiences that drive behavior change through evidence-based interventions, high-quality software, coaching, and intuitive, clinically proven digital tools to help individuals improve their health and sustain meaningful outcomes.
DarioHealth operates at the intersection of life sciences, behavioral science, and software technology and is rapidly expanding into new chronic conditions and geographic markets using a performance-based approach to improve its users health.
FINQ : AI-powered Pensions and Investment Platform –
FINQ is Israel’s leading AI-powered pension and investment platform, designed to revolutionize how individuals manage their long-term financial future. As both a fund manager and a technology-driven platform, FINQ offers end-to-end pension optimization, actively managed investment products, and free access to unique rankings for pension funds, stocks, and Israeli mutual funds.
With pension management at its core, FINQ simplifies and automates the entire process—analyzing, optimizing, and consolidating savings to help Israelis secure better outcomes. The platform also provides advanced investment options, including hedge funds and market-neutral strategies, tailored for more sophisticated investors.
FINQ acquires customers directly through digital marketing, education, and strategic partnerships, while also working with employers to offer AI-based pension solutions as a workplace benefit. By combining cutting-edge technology, transparency, and an expanding suite of investment products, FINQ is becoming the go-to destination for everything financial in Israel.
Tomorrow.io : AI-powered Weather Intelligence Platform –
Tomorrow.io is a weather technology company that offers a hyper-local weather forecasting platform for businesses and individuals. The company’s platform uses a combination of proprietary technology, advanced modeling techniques, and machine learning to provide accurate weather information for specific locations in real time.
Tomorrow.io offers a range of services, including weather analytics, predictive insights, and API integrations for businesses in industries such as transportation, aviation, energy, retail, and construction.
Velotix : AI-powered Data Security Platform –
Velotix introduces an AI-driven data protection and access permissions platform that removes risk, automates policy management at scale, and provides access to data.
The company’s data access platform enables the sharing, consumption, and use of information while preventing the disclosure of sensitive private business information to those not authorized to access it, according to internal and external regulations.
Its automated data security platform, DSP, uses AI to enforce the right policies and grant access to the right people in a prompt and secure way.
Zencity : Data-driven Decision-making for Local Governments –
Zencity uses artificial intelligence and big data to help local governments make decisions. The companys AI-driven platform is designed to enable local governments to better understand what people want in their cities and eliminate the guesswork from policymaking.
With close to zero integration, Zencity gathers and analyzes millions of data points from all of the touchpoints shared by residents and their city. It then delivers reliable, real-time actionable insights to help local governments better prioritize resources, track performance, and connect with their communities.
Percepto : Autonomous Inspection and Monitoring Solution for Monitoring Critical Infrastructure –
Percepto specializes in autonomous inspection and monitoring solutions for industrial sites, utilizing drone-in-a-box technology integrated with AI-powered analytics. Their systems enable remote operations, geospatial data management, and automated analytics, enhancing safety and operational efficiency across various industries, including electric utilities, solar energy, oil and gas, mining, and ports.
Their flagship product, Percepto Air Max, is a robust drone-in-a-box solution designed for complex industrial environments, equipped with high-resolution RGB and thermal cameras for detailed inspections.
Percepto’s Autonomous Inspection & Monitoring (AIM) platform automates the entire visual inspection workflow, from data collection to AI-powered analysis and insights, allowing for proactive maintenance and improved decision-making.
Vault : Predictive Insights Platform for the Media Industry –
Vault has created a content-prediction system based on artificial intelligence. The company’s platform analyzes thousands of variables, anticipating and solving complex audience problems in order to gain advanced market optics for precise decision-making.
Vault’s DeepAudience is designed to forecast audience demand and size. Its demographic predictions provide streamlined marketing strategies for pre- and post-release states. The company’s Alpha Vault predicts revenues and investment outcomes and optimizes and follows investments to market post-investment.
Vault was developed by Osiris Technologies.
What’s in this for you?
No matter what industry sector or business case you are handling, we are confident that you will find some very interesting technologies that can add value to your existing operations. We at the Economic and Commercial Mission of Israel, are happy to assist you with any technological scouting or business collaboration queries related to AI solutions from Israel. Please feel free to reach out to your nearest Israeli Economic and Commercial Mission.
Reach out to Sydney@israeltrade.gov.il to learn more about these companies.
Post written by – Chandreyee Ghatak, Trade Officer, Embassy of Israel, New Delhi.
[i] https://finder.startupnationcentral.org/reports/ai-report-2024
[ii] https://www.reuters.com/technology/israels-ourcrowd-ai-fund-fast-track-startups-into-nvidia-programme-2024-03-05/
[iii] https://www.israels-ai-blueprint-report.com/
[iv] https://finder.startupnationcentral.org/startups/search
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