Israeli startups raise record $25.4 billion in first 11 months of 2021
The local tech scene has broken many records this year, the latest of which was revealed on Monday. According to a report by Start-Up Nation Central, Israeli tech companies raised $24.5 billion in the first 11 months of 2021. The report showed that during that period, there was a 136% growth in equity investments, with a total of $10.8 billion being raised during all of 2020.
Foreign-based VCs were responsible for the lion’s share of investments, including Insight Partners (participated in 49 rounds), Bessemer Venture Partners, Entrée Capital, and Tiger Global Partners.Read Article