We used to have a good hardware startup ecosystem in Denmark because former Giga employees had more money than they knew what to do with after Intel bought Giga in 2000. However it slowly burned out for some reason. Maybe the 2008 crisis had something to do with it.
There's prominent israeli startups and unicorns you usually know about like Wix or some old ones like (ICQ/Mirabilis) and then there's a myriad of small ones you stumble upon because they are in your domain area like logz.io.
But then you hear about a company with like 1k employees and you are like...wth.
"Startup nation" has been a well-known nickname for Israel for some time. On a per-capita basis, Israel excels at both the number of startups created and the amount of capital that they attract.
"A striking conclusion is that on a per capita basis, capital flows into Israel were a whopping 28 times more than those in the U.S." — https://www.inc.com/peter-cohan/why-israel-drew-28-times-mor...