Senior defense official to ‘Post’: Ukraine, Asia conflicts keep Israeli sales high despite Gaza war.
Wiz is a cloud security start-up founded in 2020 by Israelis Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak, with headquarters in New York City.
Eretz Angel members will have the opportunity to invest in deep-tech technological ventures in Israel’s northern and southern communities.
Since October 7, more than 80% of the start-ups in Israel reported suffering damage from the war, with over 50% of start-ups left with less than six months of cash.
Israel excels in cybersecurity but lags in AI investment, facing human capital shortages. Generative AI’s rapid global growth contrasts with Israel’s moderate increase.
"I don't meet a single CEO who doesn't say that they want to use AI or have an 'AI first' approach."
Despite challenges derived from the ongoing war, Israel's high-tech and startup ecosystem has shown great resilience and hope.
The report highlights that 80% of newly established startups are choosing to incorporate in Delaware, USA, to potentially bypass tax complications in their native countries.
After a military debacle that saw the IDF unable to protect the people of Israel on October 7 – a major failure – the IDF and the people of Israel have made a strong recovery and comeback.
Dozens of Israeli companies applied for the reward. The prize is a joint initiative of JNF-Canada and KKL-JNF in partnership with StartUp Nation Central. The ceremony was held in Tel Aviv.
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