Abigail Klein Leichman
June 12, 2023

The energy sector is one of the world’s fastest-growing tech verticals, given the global challenges and growing need to reduce total emissions.

Israel’s place in that sector is growing fast, totaling more than 230 companies developing technologies in energy production, distribution, storage and cybersecurity; hydrogen solutions; waste-to-energy; and carbon capture.

The EnergyTech Landscape Map — just released by nonprofit organization Start-Up Nation Central, Ignite the Spark Israeli energy community, and the Israeli Export Institute — includes 130 of those companies, up from 100 in 2022.

Number of Israeli energy tech companies surpasses 230
2023 EnergyTech Landscape Map courtesy of Start-Up Nation Central

The map is intended to highlight the breadth and depth of the Israeli energy tech ecosystem and help multinational companies and venture capital investors identify high-potential opportunities in the sector.

Number of Israeli energy tech companies surpasses 230
Detail of the 2023 EnergyTech Landscape Map, courtesy of Start-Up Nation Central

“Start-Up Nation Central sees energy tech in particular and climate tech in general as sectors experiencing the most significant growth potential in the Israeli ecosystem,” said Start-Up Nation Central’s Head of the Climate Tech Sector Yael Weisz Zilberman at an event at SNC’s Tel Aviv headquarters launching the map.

“With our global outreach to multinational companies and investors, we are advancing the Israeli energy sector and its technologies as an important and viable solution to the world energy challenge and a solutions hub for reducing global carbon emissions. Mapping sub-sectors and the companies in each provides broad accessibility to Israeli technological solutions and enables the entire sector to expand its activities.”

Ignite the Spark CEO Shon Dana added, “The remarkable growth of the energy tech ecosystem demonstrates its dual nature: not only does it tackle the toughest sectors to decarbonize, but it also embraces a rapidly expanding business landscape. We fully recognize that this journey is undeniably a roller coaster. Yet we are here to empower any bold pioneer with the vision to become the next gigacorn.”

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