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TAU among top universities producing successful entrepreneurs

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Aug 06, 2013

Tech data show that TAU's graduates rank 15th in the US in raising venture capital for their start-ups

American blogger Max Woolfe recently analyzed data about more than 2,500 start-up companies, using technology database CrunchBase, to determine which universities produced the most graduates who've successfully funded their start-up companies in the US. According to his findings Tel Aviv University is ranked at number 15 on the list and is the only university outside the United States to make the top 16. Twenty-one start-up founders from TAU have managed to receive US venture capital, which places TAU above Duke University and only slightly below Princeton and Brown on the list.

The first round of raising funds for a start-up is considered crucial, as it indicates the strength and popularity of a company's idea. Tel Aviv University is ranked fourth, after Carnegie Mellon University, Princeton and UCLA, in the amount of capital its graduates have managed to raise during this period. This places TAU graduates above the alums of many top tier US universities, such as Harvard, Stanford and Yale.

Of the 26 TAU graduates who comprise the list of funded start-up entrepreneurs, some come from academic backgrounds not typically associated with successful tech-based companies. Nine of the graduates have degrees in math and computer sciences, six have degrees in business and management, four in engineering and three in economics, two in philosophy one in life sciences and one in history and education. Nine of the 26 studied in multidisciplinary programs, emphasizing the broad uses of the "toolkit" TAU encourages its students to acquire as part of their studies.

TAU president Prof. Joseph Klafter said he is "pleased with these findings. They are a testament to the innovation and entrepreneurship that permeates TAU culture."

Other Israeli universities on the list include The Technion, at #27 and the Hebrew University at #52-63.

SOURCE / Tel Aviv University

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