The following image, produced by Nir Shein and Hillel Fuld, shows the funding raised by Israeli companies in the first 6 months of 2017.
As Hillel puts it:
Six months, $2,300,000,000. That says $2.3 billion, right?
Not bad for a country the size of New Jersey in the most unstable region on earth.
Not only that, some have commented that the Israeli tech ecosystem is also developing so you have Israeli tech companies buying out other Israeli tech companies – not only further developing the sector but keeping the money in the country!
Proud to be the Startup Nation!
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August 7, 2019
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