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Israeli tech corporations have raised $23.6 billion within the first eleven months of 2021, greater than double the document $10 billion raised in all of 2020.
Israeli startups raised $2.8 billion in November 2021, in accordance with press releases from the businesses. The determine could also be extra as some corporations desire to stay in stealth and typically don’t publicize the investments they’ve obtained. Israeli privately held tech corporations have raised over $2 billion in eight of the previous 9 months and raised a document $3 billion in October.
Israeli tech corporations have raised $17.8 billion within the first 9 months of 2021, in accordance with IVC-Meitar. October and November’s figures takes the quantity raised this yr to $23.6 billion, greater than double final yr’s determine of $10 billion, which was itself a document.
In November, the key financing rounds that have been accomplished have been led by cybersecurity firm Armis, which raised $300 million. Voice AI transcription and captioning firm Verbit and small enterprise platform HoneyBook every raised $250 million and B2B contact information firm Lusha raised $205 million. Media readership engagement platform OpenWeb raised $150 million, micro-transit firm By way of Transportation raised $130 million and auto-tech firm Autobrains raised $101 million.
Different large financing rounds in November noticed digital employment administration firm ControlUp and fintech firm Fundbox every increase $100 million. Gaming firm Overwolf raised $75 million, sensor options firm TriEye raised $74 million and co-working area firm Mindspace raised $72 million. Chargeback mitigation firm Justt raised $70 million, DevOps safety firm CyCode raised $56 million, no-code platform EasySend raised $55 million, and cybersecurity firm SafeBreach raised $53.5 million. Fintech firm 8fig and blockchain scaling firm Starkware every raised $50 million.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on December 1, 2021.
© Copyright of Globes Writer Itonut (1983) Ltd., 2021.
{Dollars} Picture: Shutterstock
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