Only 10 Israeli Start-up companies appear in the Red Herring Report
Guy Grimland, 21.3.2007
Every year, the Red Herring journal publishes an annual report presenting the best
100 Hi-Tec companies worldwide. This week, the journal published a report on
European companies, including 10 Israeli companies. Last year, no less then 18
Israeli companies were rated as promising (20 were rated two years ago). Britain,
Germany and France also held places of honor.
So who were the companies mentioned as most promising start-up companies
according to the journal? One of them is Amimon, a company that develops chips
enabling wireless standard transmission to wireless HDMI. Lately, the company
raised a strategic fund from Motorola Ventures and is currently developing a mass
amount of chips in preparation for sales.
The second company included in the report is Yoggie founded by Shlomo Tovol,
previously Finjan's founder and CEO. The company developed an application that
secures laptop computers.
The third mentioned company is Brainsgate, which developed an electrode called
NeuroPath implanted at the roof of the mouth. The implanted electrode supplies
electrical stimulation to a bunch of nerves located at the base of the skull called
Ganglion. The electrode transfers nerve messages to the ganglion enabling to
controlling the Blood Brain Barrier at different intervals and levels in order to
enhance the bioavailability of drugs in the central nerve system.
The forth mentioned company is TransPharma, which developed and markets medical
equipment based on utilizing a proprietary active transdermal drug delivery
technology.
The fifth company is Atlantium, which developed water disinfection technology
based on optic disinfection using a UV beam by creating lamps placed on the outer
side of the water pipe.
The sixth company mentioned in the report is Lumus, which developed an optical
imaging technology enabling a wide range of ultra-compact personal displays directly
into the users' eye from computers, DVD players or video players.
The seventh mentioned company in the Red Herring report is Dyuna Blue, which
developed a sharing platform that connects digital internet content worlds. The next
two companies are Fring, a start-up company founded at the end of 2005, which
developed a cellular application that integrates instant messages. The ninth company
is Algatechnologies developing seaweed food additives.
The tenth company mentioned in the report is InSightec. The Magnetic Resonance
imaging system non-invasively treats tumors inside the body without the need for
incisions. This is carried out by a high intensity focused ultrasound beam that heats
and destroys targeted tissue.