4 Reasons Why Israel is Now a Developed AgriFood Tech Hub
Sometimes when you can’t say it any better, well, you just shouldn’t even try and leave it at that. This is one of those times.
Rob Leclerc of AgFunder News shares 4 Reasons Why Israel is Now a Developed AgriFood Tech Hub and sums up perfectly why the recent welaunch Ag-tech & Food-tech Israel tour was such a success.
Two weeks ago, I went to Israel to attend Food and Ag Week including FoodTech IL 2018 hosted by the Strauss Group and incubator The Kitchen, and Agrivest 2018, hosted by accelerator group Trendlines and agrifood tech VC GreenSoil. It had been five years since I last visited so I was excited to see how the agrifood tech ecosystem had developed in that time.
When I went in 2013, Israel had a burgeoning agtech scene but there was very little in the way of foodtech, and most of the agtech was still biotech focused with very little in the way of digital technologies.
Fast forward to today and it’s a very different situation. The agrifood tech space is bustling with at least 800 startups out of a total 8,000 Israeli startups from a population of 8 million; those are impressive stats by anyone’s count. Plus FoodTech IL attracted over 1,000 delegates making it one of the largest agrifood tech conferences that I’ve ever come across. And it wasn’t all work either. Israelis are known to enjoy the nightlife and there were also lots of side events and rooftop after parties to pack the schedule!
Me (Left) & Gideon Soesman (Co-Founder of GreenSoil) enjoying the festivities in Tel Aviv.
Listening to the conference sessions, speaking to various delegates in attendance from across the world, and touring The Kitchen in the aftermath, it became obvious how and why the country had managed to develop such a strong ecosystem for agrifood tech innovation.
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