Japanese companies show keen interest in Israeli startups

Focus on cyber security, fintech and self-driving software

20161206Israel

The prodigious technological capabilities of Israeli startups is attracting attention from all over the world.

HIDEMITSU KIBE, Nikkei staff writer

TEL AVIV -- Investment by Japanese companies in Israel is soaring in expectations of tapping into technologies such as autonomous driving through a business partnership with local startups.

The value of investment by Japanese firms totaled 5.2 billion yen ($45.7 million) in 2015, a 4.7-times increase from 2013 and 26 times the amount in 2012, according to the Bank of Japan's Balance of Payments statistics.

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