This was the lowest monthly amount raised by Israeli privately-held tech companies for several years
Globes reports that Israeli startups raised just $340 million in January 2023, according to press releases seen by "Globes," - the lowest monthly amount for several years. The figure may be more as some companies prefer to remain in stealth and sometimes do not publicize the investments they have received.
Israeli privately-held tech companies raised $15 billion in 2022, according to IVC-Leumitech, after raising a record $25.6 billion in 2021, according to IVC, more than double 2020's figure of $10 billion, which was itself a record. Israeli startups raised $13.5 billion in the first nine months of 2022, according to IVC, so although well off the pace of last year's record, startups have already raised nearly 50% more than in all of 2020.
In January, larger financing rounds were led by medical device company SoniVie, which raised $60 million and LiDAR car sensor company Opsys which raised $51.5 million. Data security company Sentra raised $30 million and AI natural language company aiOla raised $25 million.
Source - Globes/Twitter - Image - Shutterstock