CTech – Investments in Israeli high-tech companies fell to $4.5 billion in the second quarter of 2022, a drop of 31% compared to the corresponding quarter last year, a report prepared by investment firm Greenfield Partners seen by Calcalist has shown.

2021 was a record-breaking for local tech, with investments totaling a new high of $26 billion. However, while it was largely expected that a drop would be coming in 2022, few people believed it would be to such an extent, with Greenfield Partners data showing that the number of funding rounds has also fallen, from 135 in the second quarter of 2021 and 132 in the first quarter of 2022, to just 104 in Q2.

Source: CTech - Photo: The display in the lobby of the Tel Aviv Stock Exchange (Wikimedia Commons)