Did you know that Israel is one of the leading sports innovation hubs around the world? Let’s take a look at how Israel and in particular the Colosseum Sports Tech is shaping the future of sports innovations Israel’s high-tech sector offers unique expertise in a range of technological arenas, which include interactive platforms, big data analysis, computer vision, AI and augmented reality. These solutions have enabled Israel to become a key player in the sports technology market. Over the past few years, Israel has gone from around 50 to 169+ startups in the sports technology sector. In addition, there are over 450 startups that are relevant to the sports industry and yet to be active as we would like them to be.
Israeli high-tech companies raised $5.24 billion in 620 deals in 2017, an increase of 9% compared with $4.83 billion raised in 673 deals in 2016. The capital invested in the Israeli high-tech sector has grown exponentially since 2013 and hasn’t shown signs of slowing down. Israeli Venture Capital funds alone invested $814 million in 2017, a 25% increase compared to the $651 million invested in 2016.
There are over 300 multinational corporations with high tech research centers in the country, including giants such as Microsoft, IBM, Apple, Cisco, HP, and Intel. Intel’s recent acquisition of Mobileye for $15.3 billion in 2017 further emphasizes the strength of Israel’s high-tech sector. Since then, the country has been overrun by investors, strategic partners, and corporations in a very positive way – they all want a piece of the action!
The sports industry is becoming very relevant and more deals are taking place as you can see :
Smart Cities & Sport Publication
Sport Innovation Hubs