Last week Forbes magazine published its list of 25 hot Israeli tech startups.
Author Ilya Pozin introduces the list with some background of the environment in which they operate.
Israel’s dynamic tech startup scene is no secret. The country has been called the “start-up nation” for years and, today, only the U.S. and China have more companies listed on the NASDAQ than Israel’s 90 – worth a total of $40 billion. Innovation continues and a new crop of Israeli tech startups are on their way up, transforming healthcare, entertainment, finance, media and a myriad of other industries. The hot startups below have secured funding from investors, and are perhaps, on their way to successful exits or IPOs.
Among the companies on the list are Zuta Labs, Kaltura, StartApp, Interlude and StoreDot.
Zuta Labs has developed a portable “pocket printer” that users can bring and print anywhere. Rather than rolling the paper through the printer, Zuta’s printer uses robotics to print across the paper. The company has already raised more than a half million dollars through a Kickstarter campaign.
Kaltura, which is hailed as “likely be one of the next billion-dollar exits or major tech IPOs,” is an open source video platform that hosts videos for “over 300,000 media, corporate and educational organizations.”
StartApp is a mobile advertising platform that allows developers to include a search engine from which they can earn a cut of sales that result from searches. So far, StartApp has teamed with Android developers and now is moving into iOS development for Apple products.
Interlude is an interactive video platform founded by Israeli musician Yoni Bloch. Israel’s tourism ministry developed an interactive video called Discover Israel, described in the embedded below, using Interlude.
StoreDot is a startup that uses a substance it has discovered called NanoDots, which it uses for many exciting purposes, including a mobile phone battery that charges in seconds. Though the technology is promising, it isn’t expected to hit the market until 2016.
Last year was a big year for Israeli startups, with Waze and Onavo being purchased by Google and Facebook, respectively. This year, an Israeli chipmaker, Wilocity, was bought by Qualcomm.
[Photo: gilad avidan / WikiCommons ]