Five Israeli Startups make it to the World Economic Forum Tech Pioneers List

The World Economic Forum have selected five Israeli companies for its 2021 list of 100 Technology Pioneers  from six continents that are “poised to have a significant impact on business and society.”[1] The Israeli early growth stage companies represented are involved in diverse fields including AI, cleantech, cyber security, digital health and agriculture. CropX, MDClone, Cheq, MyndYou and Phinergy are among the 100 prestigious global companies. Susan Nesbitt, Head of the Global Innovators Community, World Economic Forum, in a statement said, “These companies show great potential to not only shake up their industries but offer real solutions to global problems. They’ll bring great value to the World Economic Forum’s mission of improving the state of the world with their participation in the Technology Pioneers community.”[2]

“The Technology Pioneer community was first launched in 2000 by the World Economic Forum. Past recipients have included now-household names such as Airbnb, Google, Kickstarter, Mozilla, Spotify, Twitter, and Wikimedia. The “pioneers” are selected by a committee of technology and innovation experts, academics, venture capitalists, and entrepreneurs.”[3] Previous Israeli companies selected by the Forum in include Optibus, Innoviz, Utilis, Watergen and Aleph Farms. Below are summaries of the current cohort of companies and their respective solutions:

CropX Technologies is an ag-analytics company that allows farmers to manage their operations on their smart phone using real time soil date using AI and sensors. CropX has developed the world’s most advanced adaptive irrigation service, which automatically optimizes irrigation, thereby delivering dramatic crop yield increase and water and energy cost savings to farms.

MDClone offers an innovative, self-service data analytics environment powering exploration, discovery, and collaboration throughout healthcare ecosystems, cross-institutionally, and globally. The platform allows users to overcome common barriers in healthcare in order to organize, access, and protect the privacy of patient data while accelerating research, improving operations, quality, and driving innovation to deliver better patient outcomes.

CHEQ is a military-grade cyber-security company with expertise in bot mitigation and user authentication. The company’s technological core is based on extensive knowledge and experience from the Israeli military’s leading intelligence and cyber-warfare division, “Unit 8200”. The company’s R&D teams are made up of leading cyber-security researchers, machine learning experts and experienced, military trained developers.

MyndYou is a data-driven platform that provides tools for maintaining cognitive abilities. The technology is based on passive monitoring approach, novel cognitive assessment method, and AI-generated, actionable insights. The company’s main focus is the usage of their platform for the benefit of more than 150 million older adults living with cognitive impairment (such as Alzheimer’s and other types of Dementia) so that they can maintain their cognitive abilities and independence for as long as possible while keeping safe.

Phinergy develops metal–air technology, turning metals – namely aluminum and zinc – into a new way to store, transport, and generate clean and safe energy. Phinergy’s aluminum-air technology releases the abundant energy contained in aluminum, resulting in a clean, safe, cost-efficient, and fully recyclable energy source. Phinergy’s aluminum-air technology provides on-demand, clean energy for a variety of applications including energy backup for critical sites, on-demand distributed generation for microgrids, and range extenders for electric vehicles.

[1] https://www.israel21c.org/5-israeli-firms-named-world-economic-forum-tech-pioneers/

[2] https://www.timesofisrael.com/five-israeli-startups-make-world-economic-forum-tech-pioneers-list/

[3] https://nocamels.com/2021/06/5-israeli-companies-technology-pioneers-world-economic-forum/

  • Summary information from the companies were collected from LinkedIn and official websites
2021-07-13T16:20:37+00:00July 13th, 2021|Uncategorized|0 Comments