Israeli start-ups raised over USD 500m in December

Categories: Hi-Tech

Israeli start-ups raised over USD 500 million in December 2022, according to press releases seen by financial newspaper, Globes.

In December, the major financing rounds that were completed included:

* Cybersecurity company Snyk, which raised USD 196.5 million.

* Metabolism measurement device company Lumen raised USD 62 million

* Precision pollination company Beehero raised USD 42 million

* Plant protein company Equinom raised USD 35 million

* AI inferencing platform Neureality raised USD 35 million

* Image editing company Imagen raised USD 30 million

Israeli privately-held tech companies raised a record USD 25.6 billion in 2021, according to IVC, more than double 2020’s figure of USD 10 billion, which was itself a record.