MakoJuly 17th, 2024

Renana Ashkenazi on Optimism and Investing in The Future, Especially During These Times (Hebrew)

Israeli VC funding insights

“While the situation is far from ideal, the actual data indicates a recovery in the market.” With these words, Renana Ashkenazi, General Partner at Grove Ventures, began sharing her expert Israeli VC funding insights on startup funding trends, the advantages of raising capital from Israeli VCs, and the crucial first steps for entrepreneurs looking to bring their ideas to life.

Despite the global economic slowdown, there is new data which suggests that the startup funding landscape is showing signs of resilience. As it is, for the first time since 2022, there has been no decline in funding compared to the same quarter of the previous year. Instead, the numbers reveal a 19% increase—a positive shift even when excluding major outlier events like the record-breaking acquisition of Israeli cybersecurity unicorn Wiz.

Renana’s Israeli VC funding insights highlight the strength of the Israeli venture capital ecosystem, which continues to play a crucial role in nurturing early-stage startups and fueling technological innovation. For entrepreneurs navigating the complexities of fundraising, understanding these market trends and choosing the right investors can make all the difference in turning groundbreaking ideas into successful companies.

🔗 Read the full article originally published on Mako: Mako News