March 1, 2018, Updated April 21, 2020
The Ramat Hachayal neighborhood of Tel Aviv is home to many startups. Image via Shutterstock.com

• An international study finds Tel Aviv the best place for high-tech startup companies second only to Silicon Valley. Israel has more companies listed in 2012 on the NASDAQ stock exchange than any country outside the United States, save China.

• Jerusalem startup Agilite introduces the Injured Personnel Carrier, enabling rescuers to carry or evacuate an incapacitated person on their back, hands-free. Weighing less than a pound, the “human backpack” can bear 5,000 pounds and folds down to 10 inches. Agilite later invented the Instant Harness, used in the rescue of South African miners in 2013.

• Israeli ride-sharing app Via is launched. Via has been tapped by cities and transit authorities in a growing number of American, European, Asian, Australian and New Zealand cities to help re-engineer public transit into a dynamic, on-demand network. In 2016, Via raised $100m in funding.

• Jerusalem-based NDS is acquired by Cisco for $5 billion.

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Jason Harris

Jason Harris

Executive Director