ElMindA, Consumer Physics, and Novocure are three Israeli companies to be awarded ‘technology pioneers’ by the World Economic Forum, which annually chooses the world’s most innovative companies. The 2015 awards were handed out to 49 companies in life sciences and health, information technology and energy/environment/infrastructure categories.
The World Economic Forum’s Technology Pioneers program “recognizes early-stage companies from around the world that are involved in the design, development and deployment of new technologies, and are poised to have a significant impact on business and society.”
ElMindA, which tracks brain function for better care, was honored for its Brain Network Activation (BNA) — a non-invasive technology that allows healthcare providers to accurately evaluate brain functions by mapping and monitoring changes in brain networks.
“We’re glad to see ElMindA make it to the selection,” said Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum. “ElMindA is part of a group of entrepreneurs who are more aware of the crucial challenges of the world around them, and who are determined to do their part to solve those challenges with their company.”
Consumer Physics, the Israel-based startup behind the SCiO pocket molecular sensor that can scan objects to see what they’re made of, is also a Technology Pioneer 2015 awardee.
“Consumer Physics is part of a group of entrepreneurs who are more aware of the crucial challenges of the world around them, and who are determined to do their part to solve those challenges with their company,” said Montresor, Head of Technology Pioneers at the World Economic Forum.
The World body also chose Novocure, for its novel approach to treat solid tumors with electric fields, which attack the cancerous growth by interfering with its process of cell division.
“Novocure’s selection by the World Economic Forum as a Technology Pioneer recognizes the tremendous contributions to the field of oncology of both Yoram Palti, MD, PhD, Novocure’s co-founder, professor emeritus at the Technion Institute of Technnology, and the inventor of TTFields therapy, and the Novocure team who transformed Palti’s idea into a commercial stage product,” said Bill Doyle, Novocure’s Executive Chairman. “We believe TTFields will become an entirely new treatment modality for a variety of solid tumor cancers and we are proud that the World Economic Forum has recognized this important innovation.”
The World Economic Forum sifted through hundreds of candidates before selecting the 49 Technology Pioneers. Academics, entrepreneurs, venture capitalists and corporate executives made up the judging panel. Past winners include Google (2001), Wikimedia (2007), Mozilla (2007), Kickstarter (2011) and Dropbox (2011).
The chosen ones will now be invited to the World Economic Forum’s “Summer Davos” in Dalian, China, this September, or to the Annual Meeting in Davos in January.