AUGUST 8 • 2024 | 29
J
N
ISRAEL’S MOBILITY
COMMUNITY
Founded in 2012, EcoMotion
is a joint venture of the Israel
Innovation Institute, together
with Israel’s Ministry of
Transport and Road Safety
and the Ministry of Economy
and Industry. The dynamic
and growing institutional
mobility community acts as
a platform for startups to
connect with global industry,
investors, academy, public
sector, service providers and
more in the field of smart
mobility, to collaborate,
network and explore
synergies.
This year, 2024, is about
mobilizing the ecosystem and
forging ahead in new ways.
As the scope of mobility
interfaces with many parallel
sectors, the EcoMotion
community continues to grow.
The MIBA, in collaboration
with several of Michigan’s
international companies
already in Israel, such as
General Motors and Ford
Motor Company, attends
with the goal of connecting,
collaborating and creating
synergies.
“EcoMotion creates
a platform for startups
to connect with other
community members
such as global industry,
entrepreneurs, academic
leaders, government leaders,
investors and more in the
field of smart mobility, to
collaborate, network and
explore synergies,” according
to Jennifer Schwarz, the
executive director.
“EcoMotion encourages
innovation through a variety
of events such as meetups,
challenge competitions,
adaptations, the annual Main
Event and more,” she said.
STARTUP NATION
CENTRAL
According to Tel Aviv-based
Startup Nation Central,
which helps Israeli startups to
connect, build and grow, there
are 7,047 startups in Israel
today that have raised $12.9
billion in 328 deals in 2024,
on track to match the $19.5
billion (828 deals) raised in
2023. In 2022, $27 billion
(1,163 deals) was raised.
Founded in 2013, Startup
Nation Central is a nonprofit
(referred to overseas as a non-
governmental organization
or NGO) that builds bridges
and strengthens business ties
A crowd gathers at the MIBA display.
continued on page 31
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