World Economic Forum Recognizes Israel as a “Tech Titan”
What do the following have in common: the USB flash drive, the first Intel PC processor and Google’s Suggest function, which automatically completes the search box text.
All three were invented in Israel.
And they are just the tip of the iceberg when it comes to Israel’s tech prowess.
Despite being smaller than the US state of New Jersey with fewer people, Israel punches well above its weight on the global tech stage.
Israel has about 4000 startups, and raises venture capital per capita at two-and-a-half times the rate of the US and 30 times that of Europe.