Brief
AI Companies Accounted for 37% of Investment in Israeli Tech Companies in 2018
By the end of 2018, 1,150 Israeli startups were developing or making use of artificial intelligence technologies, according to a report released Monday by nonprofit Start-Up Nation Central
12:2911.03.19
By the end of 2018, 1,150 Israeli startups were making use of artificial intelligence technologies, according to a report released Monday by Start-Up Nation Central, a Tel Aviv-based nonprofit managing a database of Israeli tech companies. The report includes companies developing core AI technologies as well as companies utilizing AI for products and services.
Tel Aviv. Photo: Orr Hirschauge
According to the report, AI companies, amounting to 17% of all Israeli tech companies, were responsible for raising $2.25 billion in 2018, 37% of the total capital raised by tech startups in the country.
