Four Israeli companies were among 56 firms named by the World Economic Forum (WEF) to its “Technology Pioneers 2019” list. The round-up, according to WEF, includes early-to-growth-stage companies from all over the world, pioneering new technologies in fields such as artificial intelligence, autonomous vehicles, quantum computer systems, compostable packaging, and blockchain. Companies were divided into eight categories including health, mobility & supply chain, food security & agriculture, and digital.
The Israeli companies recognized on this year’s Pioneers list are Airobotics, the world’s first and only regulatory-compliant commercial unmanned aerial vehicle (UAV) solution; Tipa Corp, a developer of biodegradable packages for the food and drink industry (which recently won a Transformational Business Award in London); MeMed Diagnostics, a producer of a point-of-care platform that distinguishes between bacterial and viral infections; and QEdit, a generator of advanced products that enable confidential information to be shared without exposing underlying data.
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The Technology Pioneer community was launched in 2000 by the World Economic Forum. The “pioneers” are selected by a committee of technology and innovation experts, academics, venture capitalists, and entrepreneurs. The committee evaluates candidates against selection criteria before making recommendations to the World Economic Forum.
Companies selected to the Technology Pioneers partake in a two-year journey with the World Economic Forum, engaging in the Forum’s initiatives, activities, events, and bringing cutting-edge insights and fresh thinking to critical global discussions.
In 2018, eight Israeli companies were named to the Technology Pioneers list.