Aug 6 2015
Consumer Physics, the Israel-based startup behind the SCiO pocket molecular sensor, was awarded today as one of the World Economic Forum's "technology pioneers." The company joins 48 of the world's most innovative companies for their work in creating the world's first molecular sensor that fits in the palm of your hand.
SCiO provides endless opportunities to explore the molecular makeup of the world around us, including cosmetics, clothes, flora, soil, jewels, leather, rubber, plastics, and even human tissue or bodily fluids.
"We are proud to see one of our portfolio companies named to the World Economic Forum's Technology Pioneers," said Vinod Khosla of Khosla Ventures and an early investor in the company. "We expect SCiO and future Consumer Physics products to have significant impact on industries such as food, pharma, and healthcare - touching the lives of consumers across the globe."
Consumer physics was chosen by a professional jury among hundreds of candidates as one of the 49 selected companies. Thanks to its selection, it will have access to the most influential and sought-after business and political network in the world, and be invited to the World Economic Forum's "Summer Davos" in Dalian, China, this September, or the Annual Meeting in Davos in January.
"We're glad to see an Israeli company make it to the selection," said Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum. "Consumer Physics is part of a group of entrepreneurs who are more aware of the crucial challenges of the world around them, and who are determined to do their part to solve those challenges with their company."
As in previous years, American-based entrepreneurs continue to dominate the list of technology pioneers: they account for more than two-thirds of the recipients, followed by the United Kingdom (4), Israel and the Netherlands (2), and individual recipients of Canada, Germany, Ireland, Italy, Sweden and Taiwan, China. France and Spain were among the countries not counting a recipient.
The Technology Pioneers were selected from among hundreds of applicants by a selection committee of 68 academics, entrepreneurs, venture capitalists and corporate executives. Notable members of the committee include Arianna Huffington (founder, Huffington Post) and Henry Blodget (editor-in-chief, Business Insider). The committee based its decisions on criteria including innovation, potential impact, working prototype, viability and leadership.
Past recipients include Google (2001), Wikimedia (2007), Mozilla (2007), Kickstarter (2011) and Dropbox (2011). More information on past winners can be found here.
For more information regarding this press release, please contact Peter Vanham, Media Lead, Technology Pioneers, at [email protected], or +41 79 620 91 29.
Source: https://www.consumerphysics.com/myscio/