Israeli start-ups raised over USD1b in April
Categories: Capital Markets
Despite the war and the Passover holidays, Israeli start-ups raised over USD1 billion in April 2024, according to press releases seen by Globes.
In the first four months of 2024, Israeli start-ups have raised USD2.6 billion.
In March 2024, large financing rounds were led by data security company Cyera which raised USD300 million. Enterprise browser security company Island raised USD175 million, short-term rental platform Guesty raised USD130 million and edge AI chipmaker Hailo raised USD120 million. Digital casting company Magnus Metal raised USD74 million.
