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Israel's tech system remains strong despite Israel-Hamas war

Despite challenges derived from the ongoing war, Israel's high-tech and startup ecosystem has shown great resilience and hope. Startup Nation Central's new analysis indicates that Israel's high-tech sector has remained 'strong and stable.' Since October 7, there have been 220 private investment rounds worth around $3.1 billion, with health technologies leading in the number of investment rounds. Mergers and acquisitions since October 7 were worth $3.7 billion, including two large acquisition deals of nearly a billion dollars each. New funds continue to enter the country, with more than 20 new funds established since October 7, raising a total of $1.7 billion.

Original article source: https://www.jpost.com/business-and-innovation/tech-and-start-ups/article-794560
Source Id: 8056271306

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