Innovation Authority chief: Israel top for deep tech investment

“The next wave of global and Israeli technology is a deep technology wave-which is a wave, for me, it is in fact a wave of making or breaking in terms of technology growth. Deep technology is not just programs that must be written, as is the case in the traditional” tradition From the perspective of the United Nations, “the CEO of Israel Innovation said at the Globes Technology Conference today.

Ben added that deep technology is not new to Israel. “Veteran companies like Rad and Indigo are deep technical companies, and even today this field leads to here, and Israel is at an excellent starting point. The number of unilaterals is increasing in this field, while in most other high -tech fields it decreases.”

High returns compared to other sectors

Ben also talked about deep technology investments, which are greater risks. “It is known that startups, whatever, require high risks when they are established, and in deep technology, there is another major element of risks, which is what technology realizes, that is, whether the idea that is formed will succeed. This is not easy, and because there are such technological risks, this time is usually longer than investors, and this field is more than that. Those who invest in deep technology see returning Top: The average return in the field of deep technology is 26 %, compared to 21 % in “traditional” technology.

The CEO of the Innovation Authority talked about the good starting point of Israel regarding deep technology, and this point was called with numbers. “Israel is currently one of the leading countries in the world in the” density “of deep technology companies. “Investment in deep technology in Israel, from GDP, is 2.5 % – the first place in the world. Sweden is second and the United States ranked third, although absolute numbers there of course are much higher.”

Ben pointed out that Israel has already has leading world -class companies operating, and four of them provided, “All of them have invested the authority of innovation from the beginning.

“This year, we will invest about $ 200 million in deep technology companies in the early stage, so that Israel remains at the forefront. Everywhere in the world, there are” fathers “for innovation, and governments flow on a lot of money in this field. Israel is classified in an excellent place, and they are a guarantee that it is still in this place, as a deep technical power.

Full Disclosure: The conference was held in cooperation with Starkware, Startup Nation Center, Microsoft Israel, Dream, FBC Law Firm, The ISRAEL Innovation Authory and Mekorot.

It was published by Globes, Israel Business News – En.globles.co.il – on April 23, 2025.

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