Fireblocks’ $310m is largest Israeli funding in July 2021
Another strong month for investment in Israeli companies, as 7 firms raise at least $100 million each for a cumulative $1.2 billion.
Another strong month for investment in Israeli companies, as 7 firms raise at least $100 million each for a cumulative $1.2 billion.
It’s not in spite of Covid that Israel has been able to succeed; it’s because of this challenging time that many companies reached this benchmark.
38 transactions of over $100 million each completed in the first half of the year amounted for approximately 50% of the fundraising.
Despite the pandemic, Israel’s high-tech center achieved record highs in terms of investment and exits.
Topping the list was $543 million for Transmit Security, a startup dedicated to banishing passwords from online identity authentication.
High-tech employees have helped rehabilitate Israel’s economy after the economic, social, and health crises of 2020, according to the 2021 Israel Innovation Authority Report.
Israel leads world in funding growth with a 137% year-over-year increase in the first half of 2021, reaching $10.5 billion.
New York City now trails only Tel Aviv as the city with the most Israeli-founded unicorns in the world.
Next raises $250m, Yotpo $230m, Orca $210m, Incredibuild $140m and Wiz $130m, capping a quarter when cybersecurity companies took in $1.5 billion.
The Mexico-based multinational is investing in EatSane, a food-tech startup developing low-carb products without artificial sweeteners.
‘People here are born to believe, to never give up. This mentality is what has made Israel a miracle in only 70 years,’ says Alibaba founder in IVC report.
‘Companies now realize they can get better valuation on the stock market than in the private market,’ says TASE official after a record year for IPOs.
Continued working and schooling at home will influence every single area of our lives in 2021.
As funding totals near $10b, investment insiders explain the successes — and challenges — that 2020 brought for blue-and-white companies.
Online investment platform offers early-stage opportunities in Israeli property, construction, education, medicine and financial technology startups.