Israeli startups raise record USD 25.4 billion in first 11 months of 2021

Categories: Hi-Tech

A report by Start-Up Nation Central showed that the number of companies that reached a USD 1 billion valuation and gained Unicorn status more than doubled, with 33 new Unicorns being born this year, taking Israel’s total to 53.

Foreign-based VCs were responsible for the lion’s share of investments, including Insight Partners (participated in 49 rounds), Bessemer Venture Partners, Entrée Capital, and Tiger Global Partners.

Read more in this Calcalist article here.