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Catalyst Private Equity-CEL, Israel Secondary Fund Launch Late-stage Funds For Startups

by dealstreetasia.com posted 2years ago 9867 views
<p style="line-height: 18.9091px;">2015 proved to be a&nbsp;stellar year for Israeli venture capital and its startup ecosystem overall.&nbsp;Despite a warning of&nbsp;Israel&rsquo;s innovation edge slipping&nbsp;from&nbsp;Yoel Naveh, the Finance Ministry&rsquo;s chief economist, 2015 saw Israeli technology ventures raising $4.43 billion in 2015, with&nbsp;Jon Medved, the CEO of Jerusalem-based crowdfunding platform&nbsp;OurCrowd,&nbsp;predicitng that Israel will see more &lsquo;unicorns&rsquo;&nbsp;&ndash; companies with a market capitalisation of $1 billion, as well as larger exits by serial entrepreneurs forming their second and third companies.</p>