Five Israeli companies named as World Economic Forum Technology Pioneers

Five Israeli companies were named on Tuesday by the World Economic Forum (WEF) as Technology Pioneers of 2021. The list aims to bring together 100 early to growth-stage companies from around the world that are pioneering new technologies and innovations, ranging from cell-based seafood protein to quantum-based cybersecurity, digitization of water rights, and use of satellite imaging to measure carbon captured in forests.

Israel's representatives included agtech company CropX, cybersecurity company CHEQ, clean energy company Phinergy, and healthtech companies MDClone and Myndyou.

CropX produces a do-it-yourself farm management platform based on real-time soil data measured by proprietary self-installable soil sensors. "CropX leads the market in delivering accurate in-soil insights, with its continued commitment to providing affordable, scalable solutions to help farmers make the best possible decisions to overcome resource limitations, profitability challenges, and sustainability demands," the company wrote.

CHEQ is a global cybersecurity company protecting leading organizations from customer acquisition fraud. "CHEQ is securing the heart of every organization's growth, its customer acquisition, by eliminating malicious bots and other forms of fake users from its business interface, customer relationship management, and buying systems," the company wrote.

MDClone is a digital healthcare company offering a self-service data analytics platform to accelerate research, performance improvement, and innovation in healthcare. "MDClone's mission is to enable healthcare discovery and empower teams with self-service, dynamic exploration combined with unparalleled patient privacy protections and a ready-made network of collaborators around the world," the company wrote.

Phinergy’s metal-air technology provides an innovative solution to the world’s ever-growing need for clean, sustainable, and affordable energy by extracting the abundant energy contained in metals such as aluminum and zinc and using that energy for various applications: next-generation energy backup for critical infrastructure such as telecommunication sites and data centers; range extension batteries for electric vehicles; and long-duration renewable energy storage.

"At Phinergy, we use the most abundant metal on Earth, aluminum, as well as zinc, to create zero-emissions, sustainable energy generation, and storage solutions. Our revolutionary technology uses metals as energy carriers for a variety of applications," the company wrote.

MyndYou’s artificial intelligence (AI)-powered virtual care assistant named MyEleanor, helps care teams and payers work together to help seniors by managing the social determinants of health, chronic conditions, medication adherence, fall prevention, and more.

"MyndYou ensures all seniors have access to care and services that keep them safe, engaged, and healthy at home. Combining artificial intelligence with a human touch allows care teams to scale while improving outcomes among all populations, wherever they are," the company wrote.

With their selection as Technology Pioneers, the CEOs of the companies will be invited to participate at World Economic Forum activities, events, and discussions throughout the year. The companies will also contribute to Forum initiatives over the next two years, working with global leaders to help address key industry and societal issues.

“It’s great to be acknowledged as a pioneer by the World Economic Forum,” said CropX’s Tomer Tzach. “It is a confirmation that our technology is among the most unique in the world and can improve the lives of many people. 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.”

For the first time in the community’s history, over 30% of the cohort are led by women. The firms also come from regions all around the world, including startups from 26 countries, with UAE, El Salvador, Ethiopia, and Zimbabwe represented for the first time.