Inspecto was one of three winners at the United Nations Economic Commission for Europe (UNECE) Ideas4Change competition.
The firm participated in the MassChallenge Israel accelerator programme last year.
Inspecto has developed a portable scanner and a “smart-shopping” app to help identify pesticide residues in food.
Catalytic Innovations (US) and DeBatelier (Italy) were also recognised.
Catalytic Innovations' technology converts airborne carbon dioxide into ethanol and DeBatelier has created an organic material that can be used as a renewable substitute for leather and other fabrics in the garment and packaging industries.
The awards were announced at the Regional Forum for Sustainable Development in Geneva.
There were five finalists selected from 100 entries by 22 countries who pitched ideas to an international jury and participants of the Regional Forum.