On the surface, it’s impressive that Israel has nearly as many unicorns as the European Union with a population almost 50 times smaller. It may seem odd to suggest that the gap can grow still larger. And yet, it is so.
A thaw in relations between Israel and the United Arab Emirates has raised expectations of an influx of funding in 'Silicon Wadi', Israel's answer to Silicon Valley.
The government has approved a plan to encourage institutional investors to invest in mature tech companies that have already raised tens of millions of shekels in funding.
Israeli Venture Capital landscape has been evolving and growing for the last 30 years – this serves as a bird’s eye view on its characteristics as well as the latest developments.
The Israeli venture capital funds that were around 15 years ago got in the way of entrepreneurs who wanted to raise money in additional financing rounds, ultimately weakening them, according to founder and CEO of online gig marketplace Fiverr Int. Ltd.
The LA tech ecosystem is booming, and quickly closing the gap with Silicon Valley and NYC tech. This city has successfully positioned itself as a legitimate—and very attractive—alternative for tech founders interested in building massive global companies from around the world.
2018 saw a spate of major cyber attacks including the hacks of British Airways, Facebook and Marriott. Despite growing emphasis on and awareness of cyber threats, large organizations continue experiencing massive data breaches.
Israeli private high-tech companies raised a record $3.2 billion in the first half of 2018, up 37 percent from a year earlier, the Israel Venture Capital Research Center and ZAG law firm said.
Israel exports 30% of its GDP in goods and services and derives significant investment and growth for its booming technology sector via the US and China. The episode has left some Israeli businessmen, like legendary venture capitalist Erel Margalit, feeling caught in the middle.
There is no easy formula for venture capital success. But a closer look at Israel's most successful venture investment, Newton, Mass.-based cyber security company, suggests that luck, patience, a great team, aggressive management of the capital structure, and a huge unmet need are all important factors.