• Fri. Sep 30th, 2022

In 2019, Israeli technology companies received $ 8.3 billion in investments

tel-aviv-er-hovedkvarter-for-de-fleste-af-de-højteknologiske-virksomheder-i-israel.-foto-max-meir-mroz-flickr

In 2019, $ 8.3 billion was invested in private Israeli technology companies, an increase of 30 percent compared to 2018. Since 2010, more than $ 39 billion has been invested in Israeli technology companies, writes Israel Hayom. p>

-2019 was a record year that topped a decade of ever-increasing investment in the Israeli technology industry. The growth is partly due to the growing foreign capital invested in the industry, explains Shmulik Zysman from the international law firm ZAG.

In the fourth quarter of 2019 alone, more than $ 2.3 billion was invested in the technology companies, which is highest amount since 2012.

Israel Venture Capital Research Center predicts that investment in more established companies will continue to grow by 2020. Companies working with artificial intelligence and cybersecurity are particularly attractive to investors.

Bloomberg has named Israel the 5th most innovative economy in the world.

Leave a Reply

Your email address will not be published.