Samsung Invests In 8 Israeli Startups In 2014

February 2, 2015 | The South Korean technological giant Samsung reportedly invested in eight Israeli startups in the year 2014 alone. The company has invested in companies such as StoreDot, RePlay, EarlySense and MV4D, among others. According to the company’s President and Chief Strategic Officer Young Sohn, Israel is only second to Silicon Valley in Samsung investments for 2014. “We want to take a leading role in what we call ‘the smart life era.’ We have a close partnership with the Israeli start-up community, and Israel, as one of the global centers of entrepreneurship and innovation, certainly interests us, as a base for future technologies that can influence the lives of millions,” Sohn stated.