Israel’s unicorn success story boosts optimism
This February, Bloomberg reported over 1,000 unicorns globally, and Israel – with just 0.1% of the global population – accounts for some 8%. Tel Aviv was ranked seventh in an annual survey of the world’s most attractive ecosystems for start-ups by US research firm Startup Genome. In 2021, Tel Aviv’s start-up ecosystem was valued at US$120bn, and scored three US$1bn exits. According to Forbes, 2021 saw 42 new Israeli unicorn companies registered, more than double the number in 2020, and the trend continues.
Lee Saunders, Head of English Content at Nishlis Legal Marketing, wrote a cover story which was featured on Legal Business, on how the world faces economic uncertainty, rising costs, and inflation, the tech scene in Israel offers optimism and relief.
This in-depth look features insights from prominent Israeli and international partners.
