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Tech terms to know
Agtech – Agriculture technology. This is where you find tools such as drip irrigation
and other agriculture-related innovations helping countries around the world.
B2B – Business-to-business solutions, generally sold as SaaS (software as a service).
B2C – Business-to-consumer, general consumer-related technologies or goods.
B2B2C – Business-to-business-to-consumer. B2B2C companies will often resell or
wholesale technologies that then can be sold to consumers.
B2G – Business-to-government. These companies sell to governments at the local
and national levels.
Cannatech – Cannabis technology. Companies develop processes to grow and
sell cannabis more efficiently, for medical or recreational use.
Cyber/defense – Cyber and defense technology. Israel has gained a reputation for developing the foremost tools in this area. They defend companies, organizations and governments from bad actors and fraudsters.
Deeptech – Technology that solves complex theoretical problems that have real-world impact. This is an area in which Jerusalem has made a name for itself.
Fintech – Financial technology that develops tools to change the way transactions take place and how money is utilized. Generally, consumer or business tools dealing with finance.
Foodtech – Food-relation technology. These companies make plant-based or cell-cultured alternative meats. Israel is home to the largest foodtech companies in the world.
Proptech – Property technology. Real estate tools that better optimize how developers, brokers and buyers interact with real estate processes.
Smart mobility – Transportation technology, a fast-growing sector that is disrupting traditional driving through autonomous vehicles and electric vehicles.