Updated Israeli startup landscape maps – 2018

By Eze Vidra

Startup landscape maps remain one of the best ways to showcase the scope and depth of a vertical. It’s been a while since I posted the collection of Israeli startup landscapes on VC Cafe, so here’s a “fresh” batch on Block chain, retail tech, cyber, AI/ML, Fintech, Industry 4.0, IOT, Agritech and others. The industry moves fast (even in a small ecosystem like Israel), so those that are over 6 months old may be outdated already.

Industry 4.0

Israel is home to more than 150 Industry 4.0 start-ups, which collectively attracted 11% of all global venture capital invested in the field in 2017. These innovative companies create and produce a range of disruptive technologies that are leading this field into the next decade. Industry 4.0 is all about revolutionary technologies that aim to connect physical industrial assets with digital insights, while digitizing the entire chain of production, and Israeli innovation is a significant part of this, helping to solve challenges faced by global industrial corporate entities.

Agritech

Israel now has more than 400 startups working on innovations for the global agriculture sector, including drought and water efficiency, crop productivity and waste management.

Israel agritech startup landscape

Source: Start-Up Nation Central (SNC) together with Greensoil Investments, a local AgriTech venture capital firm.

Travel tech

A Community of over 300 Israeli travel tech startups have set their sights on this US$8 trillion a year industry. With a booming tech ecosystem that has produced companies such as Mobileye, Waze, Gett, Moovit, and many more, Israel is currently the country with the most potential for innovation in the travel space.

Israeli traveltech startup landscape

Source: ITTS (Israeli Travel Tech Startup)

Blockchain

The Israeli Blockchain Association has released its Israeli Blockchain Startup map, which details more than 60 startups in the country. The association works to educate and grow the Israeli blockchain community, as well as helping to develop best practices.

Automotive and Mobility

In February 2018, Vertex Ventures released an updated version to the Automotive landscape they produce in 2016. They note that a few things have changed:

Automotive Israeli start-ups raised close to $350M since we published our first map in June 2016. Companies in the fields of Autonomous Driving and Connect Cars raised the highest amount out of all sectors.

Israel-Startups-Automotive-2.0-by-Vertex-Ventures-2017-09-07-b (1)

Israeli Automotive 2.0 startup landscape. Source: Vertex

connected mobility landscape drive tlv israeli startup

Source: DriveTLV

Self Driving Cars

A number of major international auto makers have already established a foothold in Israel, and many auto executives visit the country on a regular basis. Detroit-based General Motors has already opened a research center in Israel, while Renault and Daimler are opening facilities as well. Other companies, including Ford, Honda, Toyota, Subaru, BMW, Mazda, Hyundai, Volvo and Audi are all active in the Israeli market.

Israel self driving startup landscape

Source: NoCamels

Machine learning Infrastructure

The number of Israeli startups operating in the machine learning infrastructure market, is disproportionate to the size of the country. There are a bevy of startups who have raised significant rounds of financing in an effort to bring their customized hardware, devops, annotation/tagging and machine learning as a service to market.

Machine learning infrastructure startup landscape

Source: TLV Ventures, Mapping Israel’s Machine Learning Startups

Cybersecurity

Israel attracts 20% of the global venture funding into cybersecurity, and has over 500 active startups. Naturally, there’s more than one landscape :)

israeli-cybersecurity-landscape-january-2018

Source: DT and Verizon Ventures via Venturebeat. The Israeli cybersecurity landscape, as of January 2018.

Israel cybersecurity startup landscape

Source: Cyberstartup observatory – the Israel cybersecurity startup landscape

Retail Tech 

The Israeli RetailTech ecosystem is growing and rapidly becoming one of the hottest hubs for commerce technologies, with over 250 startups operating across the board from logistics to in-store. Together, the selected 100 startups have raised more than $880M, an average of around $9M per company.

AR/VR

Recently, Israel has become a hotbed for augmented and virtual reality (AR/VR) technologies. Historically, the Israeli Air Force has been an active developer of head mounted display (HMD) vision technologies, and Apple is rumored to have 1,000 engineers in Israel working on an AR headset. Big exits in the computer vision field (such as Mobileye) further lend the small country significant credibility in the space.

augmented and virtual reality map israel

Source: CB Insights

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Of course not all startups are captured by landscapes. In the past few weeks I covered several spotlights on Israeli startup verticals including Israeli adtech and martech, tech for the elderly, sports tech among others. An updated version of one of my favourite verticals, Artificial Intelligence is coming soon I’ve been told.

Eze Vidra
Co Founder and Managing Partner at Remagine Ventures
Eze is managing partner of Remagine Ventures, a seed fund investing in ambitious founders at the intersection of tech, media, data and commerce. We are backed by some of the world's leading media companies.I'm a former general partner at google ventures, head of Google for Entrepreneurs in Europe and founding head of Campus London, Google's first physical hub for startups.

I'm also the founder of Techbikers, a non-profit bringing together the startup ecosystem on cycling challenges in support of Room to Read. Since inception in 2012 we've built 8 schools and 31 libraries in the developing world.

Eze Vidra