The Tel Aviv Innovation Report for 2021 presents impressive data regarding the high-tech companies and Tel Aviv startups. In general, the year 2021 was a very good year for the technological companies in Israel and in the world in general with impressive returns in the value of the shares. However, starting from the beginning of this year These companies are receiving severe blows in light of the inflation they enjoyed in 20′-21′.
Still, in 2021, the Tel Aviv companies registered a total fundraising of about 20 billion dollars. At the same time, an unprecedented jump of 42% was recorded in the number of companies presenting Scale Up (20% growth in at least three consecutive years), and an unprecedented number of 20 companies went public.
No less than 135 international corporations from 34 fields, coming from 16 countries turn to Tel Aviv looking for innovation and professionalism, 20 of which were added this year. Cyber security is the leading field in terms of the number of transactions carried out (per field) and the level of valuation of a company in preparation for an exit. The innovation report also shows that Tel Aviv is home to 32% (2,947 companies) of all technology companies in Israel, of which 135 are international research and development centers. The total recruitment of Tel Aviv technology companies has increased tenfold in the last five years.
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