Israeli startups raised record $2.8b in March
In a stunning month for startup capital raising, Israeli tech startups doubled the record set in January.
Israeli startups raised a record $2.8 billion in March 2021, according to press releases from the companies and their investors. The figure may be more as some companies prefer to remain in stealth and sometimes do not publicize the investments they have received. The stunning figure for startup capital raising in March nearly doubled the previous monthly record of $1.44 billion, set in January.
Israeli tech companies have already raised $5.3 billion in the first three months of 2021, half the record $10 billion raised in all of 2020, according to IVC-ZAG.