“We find ourselves helping Israeli companies especially if they are in the Seed and A stage because we have an interest to increase the stickiness and improve the ties between the UK and Israel because our goal is to get companies more integrated in the UK economy and expand in the UK,” explained Idan Fisher, Director of the UK Israel Tech Hub, speaking to CTech during the Mind the Tech London 2022 conference.

The UK Israel Tech Hub is a not-for-profit venture operating out of the British Embassy in Israel since 2011. The Hub was founded by the UK government as a means to drive economic growth by helping British companies partner with cutting-edge technology from Israel. 

“Healthcare is massive,” Fisher said regarding sectors that are of particular interest in the UK. “Since Covid it has got a lot of attention in the UK and they are looking for innovation across the world. A lot of government budgets in the UK are going towards that sector. The emphasis is mostly on digital healthcare and software. They look towards Israel for AI capabilities and there are numerous examples of Israeli tech operating in the NHS and saving lives and money.”