As James Cook wrote, Berlin is "home to a mixture of hackers, privacy experts, scientists, and video companies that are making waves in the tech scene." There's been a surge in technology companies based in Berlin, Sam Shead previously reported for Business Insider. This is especially true of Tel Aviv, where real estate is the most expensive. "The country has gone through a real revolution, which has fueled a demand for luxury houses and apartments." Google recently bought GPS navigation app Waze - local to Tel Aviv - for $1 billion, and Amazon opened an office in Tel Aviv in October.Īs a result of this tech boom, "there have been extremely successful Israeli companies making extremely successful wealthy Israelis," Knobil said. M ultinational tech companies like Google, Oracle, and Facebook have research centers in or near the city, which also serves as a home for a plethora of successful local tech companies. Evi Angelakis, founder of New York-based Golden Key Realty Group, told Mansion Global that Israel is second in the world behind Silicon Valley when it comes to tech hubs.Īt the center of this hub is Tel Aviv. It's home to more startups per capita than any other country and attracts more venture capital per person, Business Insider previously reported. It often indicates a user profile.Ĭalled "the next Silicon Valley" and referred to as "Startup Nation," Israel has undergone a high-tech revolution, Daniel Knobil of Home Search Israel previously told Business Insider: "Israel has become one of the world leaders in bio technology, cyber technology, artificial intelligence, online games, and high-tech agriculture." Account icon An icon in the shape of a person's head and shoulders.
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