Over the course of the last 20 years, Israel has steadily built both a culture that is driven toward technology and ingenuity. So much has technological advancements characterized the culture and economy of Israel, that it has become commonly known as Silicon Wadi where recently Israel earned the number 10 spot in Bloomberg’s Innovation Index.
Although technological advancements have modernized industries ranging from security to transportation, there is one specific field that Israel has continuously grown in: food and agricultural technology. According to Bank Leumi’s research in the industry, “Approximately $90m has been invested annually on average over the past few years in R&D, making Israel a world leader in allocation of funds for R&D in the agritech sector.” It is with this spirit and mindset, that Israel has forged a way to creating innovative and sustainable solutions to some of our greatest food dilemmas.
Here are 5 modern Israeli foodtech startups that are contributing to the foodtech industry and changing our food systems: