Israeli start-ups don’t hear the word “no”
It’s 2021. Corona is still hindering economic progress. And yet…..
Israeli tech companies continue to break records in terms of the capital raised in the first half of 2021. Startups including Transmit Security, Wiz, Trax and Melio raised a whopping $11.9 billion, according to the latest IVC-Meitar report.
Israel’s start-up nation is still on the march for new investment.
Globes financial newspaper neatly summarised the results for the first half of 2021, and clearly even the journalist is stunned. He added that the total value of Israeli companies, which raised money on stock markets, including ironSource, Payoneer, Innovid, SentinelOne and monday.com amounted to $62 billion, compared with just $8.3 billion in all of 2020.
The basis of the article came from IVC-Meitar’s monthly report. And how will the rest of the year pan out?
Well, have a look at the lead of investor giants SoftBank. They have recruited former Mossad boss to head their Israel office.
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