Israeli tech fundraising recovered strongly in Q2

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Initial figures from IVC-Research – LeumiTech for the second quarter of 2024 show that, despite a consistent decline in the number of foreign investors making inaugural investments in Israeli tech companies, there is now an upsurge. In the second quarter, 110 privately held Israeli tech companies, comprising early-stage and growth startups, raised USD 2.9 billion.

This total reflects a similar number of financing rounds compared to the first quarter but represents a significant increase from the USD 1.62 billion raised in Q1 and USD 1.47 billion in Q4 2023.

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