Investment in Israeli startups and tech firms slowed in the past three months, dropping 20 percent compared with the previous quarter, amid a prolonged war with the Hamas terror group in Gaza and intense fighting with the Hezbollah terror group in the north, according to a report compiled by research center IVC and LeumiTech. Israeli tech startups raised $2.43 billion in capital from investors from July through September, compared with $3.05 billion during the previous quarter. So far this year, Israeli tech firms have raised about $7.22 billion from investors, an increase of 32% compared with the same period last year.
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Original article source: https://www.timesofisrael.com/investment-in-israeli-startups-slows-in-third-quarter-but-is-up-32-this-year/
Source Id: 2024-09-500994748