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World Economic Forum’s List of Technology Pioneers Recognizes Eight Israeli Startups

The WEF named LiDAR company Innoviz, sensor developer Vayyar, and water security startups Water-Gen and Utilis among its 2018 innovative startups list

CTech 13:1621.06.18

The World Economic Forum on Thursday released its 2018 list of technology pioneers. Of the 61 early-stage companies that made the cut, the WEF recognized eight Israeli startups, including low-cost LiDAR startup Innoviz Technologies Ltd., Precognize Inc., acquired earlier this month by Samson AG, and Vayyar Imaging Ltd., which develops sensors that can “see” through solid objects.

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Virtual container security startup Aqua Security, AI solar energy company Raycatch Ltd., cybersecurity startup XM Cyber, and water security startups Utilis Ltd. and Water-Gen Ltd. were also recognized.

Innoviz Technologies' founding team. Photo: Innoviz

Launched in 2000, the Technology Pioneer program highlights early-stage companies developing technologies which the WEF predicts will make “a significant impact on business and society.”

The WEF then works to incorporates technologies by these innovative companies into its programs and initiatives. Google, Airbnb, Rethink Robotics, Spotify, and Twitter are some of the companies the WEF recognized since 2000.