IVC Data and Insights’ Post

Against the challenging odds, the Israeli tech ecosystem grew in 2024 for the first time in three years. According to data from Tech Review 2024 by IVC Data and Insights and LeumiTech. Israeli tech companies raised $9.58 billion in 443 rounds, reflecting an increase of 38% in the capital amount and 13% in the number of rounds compared to 2023. Here are the Tech Review 2024 Key Insights: 💰Mega-fundings (over $100 million each) accounted for approximately 48% of the total capital raised this year. Excluding mega deals, 2024 still grew compared to the previous year. 🛡️ Cybersecurity companies dominated Israeli tech in 2024, attracting 38% of the total capital raised. 🌍Investor activity stabilized in 2024 at a level of 2018 and 2019. While the number of Israeli investors continues to decline, the number of foreign investors rose again in Q4/2024. 📈 Five mega-fundings totaling $850 million captured 36% of the total amount raised in Q4/2024. The 2024 Tech Review is expected to be published in January 2025. For previous reports: https://lnkd.in/dudWG_Qd IVC Data and Insights LeumiTech #IsraeliTech #techinvestments #techtrends

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Congratulations on this significant growth! It’s inspiring to see resilience and innovation in the Israeli tech ecosystem.

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Abed Sawara

Data analyst | SQL | Python | Tableau | Microsoft excel | Statistical skills

2mo

*compared to 2023 Well this isn’t reassuring 😭 Overall i dont think the tech industry grew . Otherwise wouldnt be jobless 😝

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