More than 300 Israeli start-up companies are developing technologies either specifically geared to, or potentially adaptable for, desert environments, according to the first annual report of DeserTech and Start-Up Nation Central, published Monday.
Noting that more than 2 billion people live in deserts and drylands, which cover approximately 40 percent of the earth’s surface, and that Israel is one of the only countries in the world that has managed to reverse desertification via innovative solutions, the report provides an analysis of the companies involved in agriculture, energy, water, and infrastructure.
It is aimed at exposing Israel’s strength and potential for tackling desert challenges.
Of the 303 start-up companies mapped, 66 are focused on addressing desertification challenges as part of their core business, the report says.
Over the past five years, 22 of these 66 have raised $374 million. Most of them are involved in agriculture and infrastructure and are at the early development stage. READ MORE