There are more than 8,300 active startups in Israel. Supporting this outpouring of energy and talent, Israel has 360 venture capital funds and 356 startup accelerators and incubators at last count. Israeli startups are addressing pressing worldwide problems in fields as diverse as medical, engineering, agriculture, food tech and fintech, with new solutions cropping up every day. Eighty Israeli companies have been launched in 2020 alone to work on solutions to COVID-19-related issues. That’s the largest group of COVID-19-relevant companies from any one country in the world.
Whether the huge number of successful Israeli startups is due to an altruistic sense of wanting to help the world, the high number of hardened migrants who are accustomed to surviving and thriving wherever they are, or the compulsory military service that makes everyone a can-do person, we may never know for sure.