04 May 2016
UK drivers and commuters may soon benefit from state-of-the-art technologies from Israel, as the tech and mobility industries of the two countries strengthen their partnership.
The disruptive technologies, from 12 Israeli start-ups brought to Britain by the UK Israel Tech Hub, are being showcased today at an event with industry leaders at the Institution of Engineering and Technology (IET) in London.
Israel, often referred to as the Start Up Nation, is home to approximately 300 companies offering solutions to the rapidly-growing intelligent mobility sector. The UK, meanwhile, is well positioned for global intelligent mobility companies to scale, thanks to its thriving automotive industry, research base, insurance sector, investment ecosystem, and pioneering efforts to prepare for connected and autonomous vehicles.
Anna Bonne, IET Head of Transport, said: “These state-of-the-art technologies have huge potential to transform the UK’s transport network. In an age where technology is an increasingly major part of our busy lives, these innovations will improve our driving experience and safety – as well as saving us time.”
The startups are all winners of TeXchange Mobility 2016, a competition for startups run by the UK Israel Tech Hub. The Hub, a UK Government body established in 2011, has helped forge over 80 bilateral tech partnerships. TeXchange is an annual programme run by the Hub oriented to help Israeli startups scale their businesses in the UK. The theme of this year's TeXchange is intelligent mobility.
Yoni Dolgin, Cleantech Manager at the UK Israel Tech Hub, said: "Technology is disrupting the speed and efficiency in which people and goods are moved. The UK seeks to position itself as a leader in intelligent mobility, and is among the best places in the world for companies to scale their businesses. Israel is a global technology leader, with strengths in big data analytics, machine vision, and cybersecurity. Along with the IET, TeXchange is a great opportunity to facilitate collaboration between British and Israeli companies in this field."
Zohar Bali, an entrepreneur in the delegation and co-founder of parking startup sPark, added: "as an Israeli startup, we are looking for potential markets abroad for growth. The UK, with its many incentives for better management of cities and transport, is positioning itself as such destination for us. The feedback we get so far from British partners is that of strong appetite for new technologies."
In addition to the event at the IET, the winning startups have meetings this week at the Prime Minister's Office, Jaguar Land Rover research campus in Warwick, Transport for London, Transport Systems Catapult in Milton Keynes, VISA Collab accelerator, and with dozens of British companies.