8 Israeli startups make World Economic Forum tech pioneers list

After the US, Israel has most companies on the list of 61; Watergen, Innoviz, Aqua Security among the Israeli firms named

Shoshanna Solomon is The Times of Israel's Startups and Business reporter

Watergen's technology uses a series of filters to purify the air, take out the humidity and transform it into clean drinking water. (YouTube screenshot)
Watergen's technology uses a series of filters to purify the air, take out the humidity and transform it into clean drinking water. (YouTube screenshot)

Water-Gen, a startup that transforms air into drinkable water, and seven other Israeli startups, in the fields of self-driving cars, cybersecurity, software, energy and environment, satellite and sensors, were among the 61 companies listed as technology pioneers by the World Economic Forum. Israel had the second largest number of companies on the list, ranking second after the US.

Other Israeli companies included on the list are:

Utilis, a Rosh Ha’ayin-based firm that uses satellite technology to detect water leaks;

Vayyar, a Yehud-based maker of low-cost 3D imaging sensors;

XM Cyber, based in Herzliya, which has developed software that identifies and exposes attacks;

Innoviz Technologies, based in Kfar Saba, which makes light detection and ranging (LIDAR) sensors for self-driving cars;

Aqua Security, based in Ramat Gan, a cybersecurity firm that seeks to increase security of software containers and prevent suspicious activity in real time;

Precognize, based in Tirat Carmel, which developed predictive maintenance software for industrial plants; and

Screenshot of Precongnize’s system (Courtesy)

Raycatch, based in Tel Aviv, which has developed a software application that allows remote and automatic detection and checks the performance of photovoltaic projects.

“The Technology Pioneers cohort of 2018 brings together 61 early-stage companies from around the world that are pioneering new technologies and innovations ranging from the use of artificial intelligence in drug discovery, the development of autonomous vehicles, advancing cybersecurity and reducing food waste, to applying blockchain to a decentralized engagement platform,” the World Economic Forum said, announcing the selected companies.

Besides the US and Israel, startups from the UK, Switzerland, France, Germany, Australia, China, Bangladesh, India, Indonesia, New Zealand, Morocco, Brazil, Kenya, Sweden and Canada also made the list. Among them are a diagnostics company from Sweden, a smart agriculture company from Brazil, a brain research firm from Canada and a mobile healthcare app from Kenya.


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