You may know Israel as the Startup Nation, but you may not know that in three months alone, 175 Israeli high-tech companies raised a total of $930 million, breaking a quarterly record from the year 2000. Find out why Israeli startups are such a hot-spot for venture capital investment.

What if reading glasses could be made obsolete using a mobile eye-training game over a period of three months? This may sound like a ridiculous proposition, but it's the way GlassesOff is training 40-60 year-olds to ditch their reading glasses for good.

While the Israeli team won't be making an appearance on the field in this year's World Cup, the country's startups are developing revolutionary new ways of viewing, coaching and enjoying all kinds of sport, showing off the innovation nation's good sportsmanship.

HopOn Is a new Israeli app that allows you to pay for your bus fare from the comfort of your seat, making the public transportation experience a lot more simple, and much greener, indeed.

Everyone loves a good vacation, but waiting in never-ending security lines can be a real bummer. Israel's Tracense nanosensor bomb-detecting device may change that, with its chip that can sniff out explosives from 16 feet away and in under five seconds.

Korean telecommunication and electronics giant Samsung has publically stated that the company's only research centers outside South Korea are in Israel. The centers are located in Ramat Gan and Hertzlia, and are involved in developing technology used in Samsung's flagship cellphone - Galaxy S3

A whole new way of measuring, monitoring and comparing economic activity could help countries avoid financial risks in foreign markets. According to the researcher who developed the system, such a tool would have helped the EU avoid the crises it is currently undergoing.

Israeli company MyCheck, backed by supermodel Bar Rafaeli, is all about making payment easier, both for the customers and retailers. The company's unique app allows customers to pay their check at a restaurant or bar at any time and with minimal interaction with the waiter.