Out of seven winners this year, two Israeli startups, Sanolla and Naor, which develop technologies in the field of health, won the Breakthrough Innovation Award, at the InnoVEX 2022 Pitch Contestant in Taiwan.
Sanolla developed the world’s first stethoscope capable of listening to infrasound – acoustic wavelengths that humans cannot hear.
Rapid Diagnostics, developed Naor, an innovative engine for rapid molecular diagnosis on-site, without lab infrastructure, which is already applicable to test covid-19 and a variety of infectious diseases.
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145 startups from 14 nations competed, including the two Israeli businesses that advanced to the finals.
Due to Taiwan’s entrance limitations, the Israeli companies participated in the conference online, while their Taiwanese program facilitators represented them in person at the conference pavilion.
As part of the IP2LaunchPad initiative, Israeli firms have been exhibited at this conference for the past three years, receiving awards and grants, a head start on their entry into far eastern markets, and different partnerships and collaborations. Participation in the program gives Israeli firms a local presence in Taiwan, allowing them to expand their commercial operations in the far east, according to Rani Shifron, CEO of Healthier Globe, director of the IP2 innovation initiatives, and i2i’s Israeli representative.