Technion Leaps Into Global Top 10 for Alumni Entrepreneurship

The Technion is ranked among the world’s top 10 universities for entrepreneurial success among undergraduate alumni. According to PitchBook’s report, based on data from the past decade, Technion – Israel Institute of Technology graduates (across all degree levels) have founded more than 1,000 companies led by approximately 1,300 entrepreneurs, which have raised more than $43 billion. The success is particularly notable among bachelor’s degree graduates, who founded about 670 companies, raising more than $26 billion collectively.

In the category of mid-sized institutions (15,001–29,999 students), the Technion ranks #1 in the Middle East and Asia (across all degrees) and #5 worldwide among bachelor’s degree alumni.

Technion graduates with a bachelor’s degree have a high likelihood of founding companies – the highest in Israel, and one of the highest globally, as measured by the ratio of alumni entrepreneurs to alumni cohort size.

“Since its founding, the Technion has made it its mission to combine basic science with applied research,” said Technion President Prof. Uri Sivan. “Technion alumni are the main economic engine of the State of Israel and are largely responsible for the creation of Israel’s ‘Startup Nation.’

“In recent years, the Technion has expanded and deepened entrepreneurship studies for undergraduates. t:hub – the Technion’s hub for innovation and entrepreneurship – supports students and other communities in realizing their entrepreneurial ideas. T3, the Technion’s commercialization arm, helps identify technologies with commercial potential at the Technion and connects researchers with industry, leading companies, and entrepreneurs.

“These activities foster entrepreneurship within the student and research community and strengthen the bond between the Technion and industry – one of our central strategic goals today.”

The list for graduates with a bachelor’s degree is led by American universities: Berkeley (#1), Stanford (#2), and Harvard (#3). The Technion and Tel Aviv University are the only non-American institutions in the global top 10.

Click here for the full ranking.

For more than a century, the Technion – Israel Institute of Technology has pioneered in science and technology education and delivered world-changing impact. Proudly a global university, the Technion has long leveraged boundary-crossing collaborations to advance breakthrough research and technologies. Now with a presence in three countries, the Technion will prepare the next generation of global innovators. Technion people, ideas, and inventions make immeasurable contributions to the world, innovating in fields from cancer research and sustainable energy to quantum computing and computer science to do good around the world.

The American Technion Society supports visionary education and world-changing impact through the Technion – Israel Institute of Technology. Based in New York City, we represent thousands of U.S. donors, alumni, and stakeholders who invest in the Technion’s growth and innovation to advance critical research and technologies that serve the State of Israel and the global good. Since 1940, our nationwide supporter network has funded new Technion scholarships, research, labs, and facilities that have helped deliver world-changing contributions and extend Technion education to campuses in three countries.