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Ford, IBM, GE Among 25 Major Firms Visiting Israel This Week To Meet With Promising Startups

More than 25 of the world’s largest multinational corporations will gather at the Tel Aviv Stock Exchange on December 16 for the Axis Tel Aviv Corporate Edition, an event aimed at connecting international companies with promising Israeli startups.

Senior representatives from firms such as Ford, IBM, GE, Tyco, GM, Singtel, PayPal, Yahoo, ProSieben and Kimberly-Clark will participate in the second annual networking and deal-making meetup.

“It is no secret about the large influx of international companies and corporate investors interested in Israel recently. The unique breadth of innovation and creativity has made Israel, and particularly Tel Aviv, a global high-tech hub,” said Ed Frank, CEO of Axis Innovation, a boutique advisory firm connecting investors and corporations. “We put on this event to provide a platform for Israel’s leading startups and global companies to pitch to each other, network and support a full-face dialogue for partnerships to be created, subsequently benefiting both parties.”

The 2015 Corporate Edition is said to be the biggest event of its kind and the only event in Israel to target global corporate venture arms. Participating startups, whose identities are kept secret before the event, will be from a variety of sectors, including big data, cloud, cyber-security, mobile, fintech and e-commerce.

One of the chosen startups created a revolutionary ag-tech technology for farmers to use their own generated data for optimization and sharing best practices worldwide, while another devised a tool to help small and medium businesses build an all-inclusive online marketing campaign in two minutes.

Each sector will have its own session, with pitches from each corporate panelist followed by startup pitches and feedback from the panel. Round-table discussions, keynote speakers and networking sessions also are planned.

(via Israel21c)

[Photo: Moshe Shai / FLASH90 ]