Israeli high tech firms raised $1.5 billion in the fourth quarter of 2023, preliminary data showed on Thursday, in a sign that foreigners are still investing in Israeli startups despite Israel's war with Palestinian militant group Hamas. The Israel Venture Capital (IVC) Research Center and LeumiTech said fundraising in quarter up until Dec. 26 dipped 15% from the third quarter but 75 deals were done. The report said that foreign participation rose in the fourth quarter after a decline earlier in 2023, saying "the presence of foreign investors is a significant indication of the availability of funds for investments."
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