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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