Brief
$3.2 Billion in Investments Poured Into Israeli Tech Companies in H1 2018, Report Says
55% of the deals in Q2—amounting to $841 million—were venture capital-based investments
15:0024.07.18
Israeli startups have raised $1.61 billion across 170 investment deals during the second quarter of 2018, according to a joint report released Tuesday by Tel Aviv-based research firm IVC Research Center and the Israel office of international law firm Zysman, Aharoni, Gayer & Co. This number includes the $300 million investment Landa Digital Printing raised from German businesswoman Susanne Klatten in June. $3.2 billion were raised in just the first six months of 2018, a sum larger than the total annual amounts raised in 2010-2013.
Tel Aviv. Photo: Bloomberg
55% of the deals in the second quarter were venture capital-based investments, which amounted to $841 million. According to the report, artificial intelligence companies raised the largest sum of investments in the quarter, with 45 deals totaling $426 million, while cybersecurity companies raised a total of $394 million across 30 deals. Internet of things companies raised $214 million and fintech companies raised $150 million.
Tel Aviv. Photo: Bloomberg
