Israeli startups raised over USD 900 million in December 2020
Israeli startups raised over USD 900 million in December 2020, according to press releases from the companies and their investors.
The figure may be more as some companies prefer to remain in stealth and sometimes do not publicize the investments they have received.
Israeli tech companies raised USD 8 Billion in the first nine months of 2020, according to IVC-ZAG, nearly equaling the record USD 8.3 Billion in 2019.
Financing rounds by tech companies that facilitate remote working and healthcare and cybersecurity, have been boosted rather than hampered by the pandemic. For example, conference and events platform Bizaboo, which was also voted “Globes” start-up of the year for 2020, led the way in December by raising USD 138 million, while cloud security company Wiz raised USD 100 million.
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