Israeli startups raised USD500 million in August
Categories: Hi-Tech
In the first eight months of 2023 Israeli startups have raised just USD4.2 billion, compared with USD 15 billion in all of 2022, and a record USD25.6 billion in 2021. This was more than double 2020’s figure of USD10 billion, which was itself a record.
In August, the biggest financing round was completed by AI21 Labs, which raised USD155 million – see above.
Mobile games company Candivore raised USD100 million, digital health company TytoCare raised USD49 million, and SaaS identity risk management company Grip Security raised USD41 million.
