Israeli High-Tech Sees 38% Funding Surge
Categories: Hi-Tech
According to preliminary data from LeumiTech and IVC’s Israeli Tech Review, Israel’s high-tech sector experienced a 38% increase in capital raising in 2024, totaling approximately USD 9.58 billion.
The fourth quarter alone saw a 60% surge in funding compared to the same period in 2023, alongside a 44% rise in the number of deals.
Mega-rounds, defined as funding rounds exceeding USD 100 million, accounted for 48% of the total capital influx. Notably, the cybersecurity sector stood out, contributing 38% to the annual fundraising total.
Read more in Jerusalem Post.
