Amit Peri, Head of Israel at SE Ventures, recently engaged in a discussion with CTech regarding the most promising Israeli startups this year. During the discussion, he expressed his optimism about the future of technology in Israel and globally, with a particular focus on climatech and renewable energy.
Peri emphasized Israel’s track record of producing exceptional startups, especially in areas such as cybersecurity, fintech, and agriculture. However, he observed a recent shift, with a growing number of talented founders and top talents emerging from the military or elite units and making their foray into climate tech, renewable energies, and energy transformation. He expressed confidence in the continuation of this trend, leading to a more environmentally friendly and sustainable future for technology.
As a global venture capital fund supported by Schneider Electric, SE Ventures is at the forefront of investing in climate tech companies in Israel, Europe, and the U.S. With a 1 billion euro fund, the company typically invests an average of $5-15 million per investment. Peri shared these insights at an event celebrating Israel’s Most Promising Startups of 2024, shedding light on the evolving startup culture in the country.
Regarding the emerging startups, Peri observed that while new names are beginning to appear on the lists, there are still a few that have been steadily establishing themselves over the past few years. Once these startups identify a good market fit and product-market fit, they are able to experience rapid growth. Peri highlighted the presence of some startups on the list that have been around for a decade and are now in the process of scaling up and experiencing significant growth.
The conversation provides valuable insights into the changing landscape of technology and startups in Israel, particularly with an increasing focus on climatech. The shift towards sustainable and renewable energy solutions is not only a positive development for Israel but also demonstrates the potential for global impact.
For a more comprehensive understanding of the future of Israeli technology and the promising startups in the country, the entire exchange can be viewed above.