Israeli Companies on the NASDAQ

Not every country receives an aspirational nickname. The State of Israel has rightly earned two.

The monikers “Innovation Nation” and “Start-up Nation” are often used as shorthand to illustrate Israel’s unparallel technological ecosystem. The nicknames depict, in part, the numerous start-ups Israel produces, the backing that technological companies receive by the government, capital from global investors, and the “can-do-anything” attitude of the Israeli entrepreneur.

Whether you measure a country’s technological prowess by its research and development budget, percent of foreign venture capital dollars, start-ups per capita, or global market share in tech-heavy areas such as cyber security, Israel generally shows up at the top of the lists.

Exciting arrays of innovative start-ups attract a lot of attention. This leads to Israeli companies often merging or becoming acquired by larger multinational companies. Intel, for example, purchased Mobileye, for $15.3 billion and Google purchased Waze for $1 billion. Of course, for every headline about an Israeli company acquired, there are many other deals executed each month.

But not every Israeli start-up chooses to exit through M&A. Some choose an international initial public offering, often on a large exchange. The NASDAQ is one option and its orientation toward tech-companies makes it naturally compelling for Israeli companies to list there.

With 79 companies and a combined market capital of $88 billion, Israel represents the only Middle Eastern country listed on NASDAQ.  In short, Israel is a powerhouse country for the exchange.

Israeli listings on NASDAQ include: 38 healthcare companies, 24 technology companies, and 7 capital goods companies. So far in 2020, three new companies, Ayala Pharmaceuticals (AYLA), Nano-X Imaging (NNOX), and PolyPid (PYPD), joined the NASDAQ.

While each company listed has an incredible story and innovative solutions, we highlight three below. If you have interest in working with these, or any other Israeli company listed (or not listed), please contact your local Israeli Trade Representative.

You can find them here: http://www.itrade.gov.il/

2020-09-22T14:49:37+00:00September 21st, 2020|Innovation, Investment|0 Comments