Japanese investments in Israeli start-ups reach record USD 2.9 billion in 2021
Japanese investments in Israeli start-ups reach record USD 2.9 billion in 2021. This marks a 190% leap compared to 2020.
The number of investments also rose – 85 compared to 63 the year prior. Japanese investments accounted for 15.8% of all foreign investments in Israel, and since 2000, Japanese companies have invested a total of USD 13 billion
“The report prepared by Harel Hertz Investment House and the impressive numbers reflect what we have experienced in the past few years, that the involvement of Japanese conglomerates and funds in the high tech industry in Israel is steadily growing” Gilad Majerowicz, a partner and head of the Japan Practice at Herzog Fox & Neeman, told Nishlis.
“According to the report, Japanese investments accounted for 15.8% of all foreign investment in Israel in 2021, and reached a record number of USD 2.9 billion in 2021. The numbers in the past five years have been growing nicely every year, and there is a reason for that. Israeli technology in areas such as automotive, agri-technology, industry 4.0, food-tech, fin-tech, and digital health, areas which attract most of the Japanese investments in Israel, address specific market needs in Japan. Also, many of the barriers that prevented Japanese companies from getting involved in the Israeli market, like the Arab boycott, has already been removed; therefore I believe we will continue seeing growing involvement of Japanese companies and funds in the Israeli high tech market in the years to come.”
Read more here in Calcalist.
