News  Sources

Israeli VC fundraising back on the rise

Israeli venture capital fundraising is showing strong signs of recovery after a period of decline earlier this year. Recent reports indicate that since the end of the war, Israeli venture capital funds have announced $1.37 billion in new funds, a significant increase compared to the $260 million raised in the first half of the year. This surge is partly attributed to previously unannounced fundraising rounds, as fund managers delayed publicizing their progress due to concerns over public relations during the conflict.

Revised figures now show that Israeli funds have raised a total of $1.61 billion for tech investments so far this year, signaling renewed growth in the sector. Notable contributors include Cyberstarts, Glilot, and Pitango, each announcing substantial new funds to support local technology companies.

Original article source: https://en.globes.co.il/en/article-israeli-venture-capital-fund-raising-back-on-the-rise-1001526096
Source Id: 8950600089

share this article:  

Our mission is to provide you with up-to-date, concise news from multiple sources in one place, keeping you informed about Israel.
 
Hit 'Subscribe' to get the latest curated news about Israel delivered daily to your inbox