Tel Aviv-based late-stage venture capital firm Qumra Capital will reveal a list of the most promising Israeli startups at Calcalist’s third annual Mind the Tech conference, to take place in New York on April 10-12. Qumra’s list of “Tomorrow’s Promising Growth Companies” will include Israeli companies its partners believe have the potential to reach over $10 million in annual revenues.
Calcalist’s Mind the Tech conference brings together entrepreneurs, investors and business partners from Israel and the U.S. for a three-day mingling and business development event.
Qumra’s list will be presented for the first time in a panel dedicated to growth stage companies. Selected companies will get access to networking opportunities in New York.
“This is a fascinating period in the Israeli tech industry,” Qumra co-founder and managing partner Erez Shachar said. “We are seeing more and more Israeli growth companies every year—a great boost for the local innovation industry and to Israel’s economy,” he added.
Israeli tech startups that generated revenues of $2 million to $10 million in 2018 and expect to continue accelerated growth can apply to be included in the list.