Tel Aviv is alive with tech start-ups and it is a city with an unwavering eye on the future.
The second most populous city in Israel, and effectively the country’s business capital, Tel Aviv is a firm fixture on the world’s technology map.
It is clearly a city where people like to work hard but play hard, too, with a world-renowned nightlife. Nestled alongside the Mediterranean and home to thousands of start-ups, the city and its surrounding areas are home to hundreds of venture capital firms but also global operations of tech giants such as Google, SAP, Microsoft and Facebook, to name a few.
Boasting a technology cluster known as Silicon Wadi, Israel is a start-up nation, and much of the tech industry can be found in the area around Tel Aviv and in nearby cities such as Ra’anana, Petah Tikva, Herzliya, Netanya, Rehovot and Rishon LeZion.
The Israeli tech industry began to form in the 1960s with forerunners including Tadiran and Elron Electronic Industries. The industry’s evolution was boosted by the 1967 French arms embargo, which was a catalyst for the creation of a domestic military industry defined by cutting edge R&D.
Notable tech giants to emerge from Israel include Amdocs and Check Point Software Technologies.
From IT security to the cameras in our smartphones, Israeli entrepreneurs mostly based in or near Tel Aviv have played a key role.
As one of the most technologically influential hubs in the world alongside Silicon Valley, Berlin, Helsinki, Kista and London, Tel Aviv is notable for the sheer number of start-ups that go on to list on the NASDAQ Stock Market.
And so, here are 23 Tel Aviv start-ups that we think are worth watching in 2018.
Airobotics has developed a pilotless drone platform that collects aerial data and valuable insights for industrial facilities. Founded in 2014 by Meir Kliner and Ran Krauss, Airobotics has raised $71m in funding so far, the most recent being a $32.5m Series C round led by BlueRun Ventures, also including such investors as OurCrowd and Microsoft Ventures.