2023-12-28 06:01:09
The Israeli high-tech industry ends 2023 with 392 capital raising rounds, totaling $6.9 billion, according to IVC data. Despite a challenging fourth quarter, which saw 75 rounds totaling $1.45 billion, there was a 56% decrease compared to 2022. However, there was a 15% decrease in total recruitments and an increase in investment in the SEED stages, reflecting an upward trend since the second quarter of the year.
The report also shows a 44% decrease in the number of recruitment rounds compared to last year. Despite the war of iron swords, foreign investors increased their proportion of involvement in transactions.
Mia Eisen-Tzafrir, CEO of Leumitech, stated that 2023 reflects a return to investment levels and activity volumes seen in the years before the peak years of 2020-2022. The data, taken from the IVC database, summarizes the activities of Israeli high-tech companies or those with Israeli ties between 2015 and 2023.
The report provides insights into the past year’s activities and estimates of capital raising, as well as insights into the future and the current quarter. It is an indication of the high durability of the Israeli high-tech industry and its important role in the Israeli economy.
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