Afternoon Tea in Jerusalem Blog

In addition to my work as a business coach, one of my interests is blogging about life in Israel. This is a country full of contrasts – over eight million citizens living in an area the size of Wales. You can see snow and the lowest place on the globe in the same day. Although surrounded by geopolitical extremes, Israel has achieved a decade of high economic growth. My work brings me in contact with an array of new companies, exciting technologies and dynamic characters. Sitting back with a relaxing cup of strong tea (with milk), you realise just how much there is to appreciate in the Holyland. Large or small operations, private sector or non profit, my clients provide experiences from which others can learn and benefit.

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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