The Hottest Startups in Tel Aviv 2017

By Oliver Franklin-Wallis

Silicon Wadi – as the tech hub in Tel Aviv is known – remains the exit capital. Intel, Apple, Snapchat and Huawei have all made big-money Israeli acquisitions in the last year; most notably, Intel’s $15.3 billion (£12bn) acquisition of autonomous-driving startup Mobileye. However, the trend towards large IPOs has fallen in recent times, with the startup-and-exit mentality being replaced by a trend for scaling companies.

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