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Israel Sees Record VC Funding, Shifts From Quick Exits To Long-Term Growth

by venturebeat.com posted 1year ago 448 views
Investor activity is showing that the tech scene in Israel is hotter than ever. Figures from IVC Research Center and accounting firm KPMG Somekh Chaikin indicated that 2016 set the all-time fundraising record for Israeli high tech. Last year’s total climbed to $4.8 billion, exceeding the 2015 figures by 11 percent, The startups of Israel raised $3.8 billion in investment money in the first nine months of 2016, a 27 percent increase over the first nine months of 2015.