MAY 7, 2024 JLM 56°F 11:04 PM 04:04 PM EST
Despite funding freefall, Israeli firms still see capital

Even as valuations fall and layoffs rise, Israeli startups cumulatively reported $700 million in funding during October.

Across the world, CB Insights reports, “The unpredictable market climate has spooked investors, who are investing in fewer (and smaller) deals, as well as seeking greater downside protection for the deals they are agreeing to.”

And yet during the month of October, Israeli startups reported more than $700 million in fundraising rounds, according to Globes. Thus far in 2022, reported investments total $14.2 billion.

Image - Unsplash

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