Israel’s the business!
Israel is a world leader in innovation with the highest number of tech start-ups per capita outside Silicon Valley.
As Boris Johnson discovered from seeing this creativity first-hand in Tel Aviv, London tops the list for Israeli companies looking to go global, with more than $1.3bn invested in London tech firms in 2014.
Here are some of the biggest success stories…
Gett
Gett is the go-to app for booking a black cab, and now, other products and services on-demand. Supported by UK Trade & Investment (UKTI), Gett came to London in 2011 and became the UK’s first nationwide app for on-demand taxis in 2015. The company has more than 10,000 cabs in 25 cities, is growing at 300 percent year on year and is on track for a $300m run rate in 2015.
eToro
eToro is the world’s leading social trading network, with more than five million registered users in more than 170 countries. Founded in Tel Aviv in 2006, the company started its UK operation in 2013 and moved into London fintech accelerator, Level39. eToro has become well known for its disruptive innovation in fintech, with plans to launch in the UK soon.
AposTherapy
AposTherapy is a biomechanical device worn on the feet to help overcome knee and lower back pain by adjusting the way you walk. Launched in 2005, the Israeli company set up its European headquarters in London in 2011, and the treatment is being rolled out across the UK via leading chartered physiotherapy clinics.
Mobileye
Mobileye, founded in 1999 in Israel, is the global leader in the development of vision and data analysis for Advanced Driver Assistance Systems and autonomous driving. Recognising the opportunities in London, the company launched here in 2010, and has since created a blind spot detection solution to help prevent cyclist accidents, in response to demands set out by Transport for London and other large cities.
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