TAU 7th in World for Entrepreneurship
TAU ranked first in Israel and first among universities outside the U.S. that produce successful entrepreneurs.
TAU alumni ranked at the top of global entrepreneurship: 814 entrepreneurs with bachelor’s degrees from Tel Aviv University have established 677 companies and raised a total of $26.5 billion. After staring as number 8 in the world for 4 consecutive years, this brings Tel Aviv University to 7th place in the world and 1st place outside the U.S. in the prestigious PitchBook ranking.
TAU alumni with graduate degrees rank on 14th place, with 726 entrepreneurs who established 616 companies and raised $16.5 billion.
TAU also leads in PitchBook‘s world ranking of female entrepreneurs, placing 20th for TAU’s female undergraduate alumni and ranking 23rd for female graduates.
Every year, Pitchbook, a business data research firm, publishes an annual ranking of the world’s top 100 universities based on the number of alumni entrepreneurs who have founded venture capital backed companies. Several elite American universities are at the top of the list: 1. Stanford, 2. UC Berkeley, 3. Harvard, and 4. MIT. TAU ranks higher than leading universities such as Yale (10th place), UCLA (11th place), and Princeton (12th place).
The following large companies established by TAU alumni are noted by the PitchBook ranking: Generate ($3.3 billion), Fireblocks ($1.2 billion), Trax ($1.1 billion), Varo ($992 million),and Celsius ($948 million).
Four additional Israeli universities are also included in Pitchbook’s top 100 list: Technion (15th place), Hebrew University (31st), Reichman University (38) and Ben-Gurion University (45).
“The credit for this enormous success goes to our alumni, first and foremost, but TAU also does its best to instill a spirit of entrepreneurship and innovation in its students,” says Prof. Ariel Porat, President of TAU. “It is no coincidence that we have a superb Entrepreneurship Center on campus, expected to grow even further in the next few years, and to equip TAU students from the exact sciences, the social sciences, and the humanities with the tools and motivation that are so essential for entrepreneurial endeavors in all areas, both technological and social.”
Prof. Moshe Zviran, Head of Entrepreneurship and Innovation at TAU comments, “TAU continues to establish itself as Israel’s main entrepreneurial university and a world leader in producing entrepreneurs who found companies, raise venture capital, and boost Israel’s economy. TAU’s climb to 7th place in the PitchBook rankings is one more indicator of the high quality of our alumni, as well as the contribution of the entrepreneurial ecosystem on campus that proactively promotes this approach among both students and faculty.”