7 Israeli Companies Punching Above Their Weight in the
Sports Tech Industry
By Ido Levy. NoCamels
March 5, 2019
Israel may not be known for producing world-famous athletes or sports dynasties, but if it’s one thing the Startup Nation excels at, it’s innovative tech. And a growing number of Israeli startups have been applying their knowledge to the multi-billion global sports industry.
In the fields of augmented reality, real-time video analysis, hydration management, movement sensors, and sports broadcasting, the number of Israeli startups active in the sports tech sector has increased dramatically over the past five years. According to a 2018 report by Start-Up Nation Central, a non-profit that tracks the Israeli tech ecosystem, Israel has over 100 companies active in sports tech.
Sports tech investor Eran Barkat tells NoCamels this is part of a “tsunami” that is storming the high-tech market. Barkat says sports tech today is mostly focusing on analyzing player performance, connecting stadiums, and engaging audiences and fans.
Jeremy Pressman, a partner at ADvantage, a $50 million fund focused on sports technology founded by OurCrowd, identified connecting athletes and optimizing the derivative sports market as emerging trends at a sports technology conference hosted at the Interdisciplinary Center Herzliya (IDC) this summer.
This article was re-published with permission from NoCamels.com – Israeli Innovation News.
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