The Minister for Universities and Innovation, Sam Gyimah MP, this week opened the London Stock Exchange together with Israel’s Ambassador to the UK H.E. Mark Regev and an Israeli trade delegation.
Minister Gyimah joined the dignitaries at the start of the annual InnovateIsrael 2018 conference and urged Israeli start-ups to do business in the UK.
15 Israeli startups briefed some 200 UK corporates, investors and family offices on their technologies at the InnovateIsrael conference on Tuesday, hosted by UK Israel Business (UKIB).
The companies came from a variety of sectors, including developers of artificial intelligence and vision devices for the partially sighted and those with dyslexia; drones, big data, cybersecurity, marketing technologies and nano-satellites.
The keynote speaker at the event was Ziv Aviram, the co-founder and CEO of OrCam Technologies, which uses artificial intelligence to help the blind to “see”. Mr Aviram chose the Innovate Israel conference to launch his new product – MyEye, a device attached to users’ glasses which visually interprets surroundings and relays them through an earpiece.
Last year, Mr Aviram sold his previous venture Mobileye, which produces technology for self-driving cars, for £11 billion to Intel – the highest ever sum for a buyout of an Israeli firm.