10 Israeli cos in Red Herring top 100 start-ups

Four companies are in the life sciences, three in communications, and one each in cleantech, information security and hardware.

Ten Israeli start-ups made the Red Herring 2007 Europe 100 list. The UK had the largest number of promising start-ups, with 24; followed by Germany (14), France (13), and Israel. Next are Switzerland (seven), the Netherlands (five), and Ireland (four).

Four of the ten Israeli companies are in the life sciences, three in communications, and one each in cleantech, information security and hardware. They are as follows:

  • Alga Technologies Ltd. develops Astaxanthin and other microalgae-derived products for the nutraceuticals and cosmeceuticals industry.
  • Amimon, which is developing a wireless high-speed video-modem connectivity solution
  • Atlantium Ltd., which designs and produces water purification systems
  • BrainsGate Ltd., which is developing an electrical stimulation device for opening arteries to the brain to treat ischemic stroke, and deliver drugs to the central nervous system, overcoming the blood-brain barrier.
  • Dyuna Blue Ltd., which is developing a platform for sending content via cellular telephones.
  • Fring Ltd., which has developed VoIP calls, instant messaging and other applications for mobile phones.
  • InSightec Image Guided Treatment Ltd., which is developing non-invasive treatments for non-malignant tumors in the womb using focused ultrasound.
  • Lumus Ltd., which is developing innovative screens for cellular devices.
  • TransPharma Medical Ltd., which has developed a transdermal drug-delivery system for large molecules.
  • Yoggie Security Systems Ltd., which is developing IT security systems for mobile devices.

Six months ago, Amimon and BrainsGate won the Red Herring awards for promising Israeli start-ups, together with Zend Technologies Ltd., which was not included in the 2007 Europe 100 list.

Published by Globes [online], Israel business news - www.globes.co.il - on March 22, 2007

Copyright of Globes Publisher Itonut (1983) Ltd. 2007

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