Five Israeli startups have been named "Technology Pioneers" by the World Economic Forum on a list published this week.
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The World Economic Forum's Technology Pioneers are early to growth-stage companies from around the world that are involved in the use of new technologies and innovation that are poised to have a significant impact on business and society.
The Israeli companies honored include:
CropX, which produces a DIY farm management platform based on real-time soil data.
The "Technology Pioneer" designation grants CropX CEO Tomer Tzach invitations to World Economic Forum activities, events and discussions throughout the year. CropX will also contribute to Forum initiatives over the next two years, working with global leaders to help address key industry and societal issues.
"It is a confirmation our technology is among the most unique in the world and can improve the lives of many people," said Tzach. "Our technology can help feed a growing population in the face of environmental concerns and we look forward to contributing to the Forum dialogues on this challenge."
CHEQ: A global cybersecurity company protecting leading organizations from customer acquisition fraud. The company's mission is to secure and empower the growth of its customers by eliminating fraudulent, non-human users from their funnels, customer relationship management systems, analytics and websites.
Cheq was founded by CEO Guy Tytunovich in 2016.
MDClone: Founded in 2016 by CEO Ziv Ofek, MDClone offers a self-service data analytics platform to accelerate research, performance improvement and innovation in digital healthcare.
MyndYou: MyndYou develops an artificial intelligence (AI)-powered virtual care assistant for population health and patient care management.
The company's customizable MyEleanor solution helps care teams and payers help seniors by managing the social determinants of health, chronic conditions, medication adherence, fall prevention and more. The voice-based solution uses natural language processing and a proprietary analytic algorithm and has the potential to save $50 billion annually in the US alone.
MyndYou was founded in 2016 by CEO Ruth Poliakine Baruchi.
Phinergy: A cleantech company that develops metal-air technology that combines oxygen from the air with metals to generate electricity.
Phinergy's technology, which originated at Bar-Ilan University, turns metals, such as aluminum and zinc, into a clean, sustainable and cost-effective means of storing, transporting and generating energy. Applications include creating energy resilience and reliability for critical infrastructure (telecom sites, data centers, commercial and industrial centers), range extension and fast charging for electric vehicles, and low-cost storage for renewable solar and wind energy.
"It is a great honor to be recognized as a Technology Pioneer by the WEF and join this group of world-changing companies," says Phinergy CEO David Mayer.
"Phinergy's unique metal-air technology provides a clean and affordable way to extract the energy contained in highly abundant metals such as aluminum and zinc. Through our technology, these natural resources become fully recyclable energy carriers," Mayer said.
In addition to the five Israeli startups, the Middle East was represented by the UAE-based Souqalmal, which offers digital financial product comparison. Launched in 2012 by CEO Ambareen Musa, Souqualmal has helped some 600,000 customers make more informed financial decisions. Souqualmal is a member of the United Arab Emirates National Debt Panel.
This year's Technology Pioneers cohort includes start-ups from 26 countries, with UAE, El Salvador, Ethiopia and Zimbabwe represented for the first time.
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