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2020 began under the shadow of a coming pandemic that would soon wreak havoc on worldwide health and finances. Yet despite rising unemployment and a decline in early-stage financing, a year-end report from non-profit organization Start-Up Nation Central shows 2020 broke capital-raising records in Israel. “As of the beginning of December 2020, Israeli companies raised $9.5 billion in capital, and 2020 is on course to becoming the first year in which capital raised by Israeli companies will cross the $10 billion threshold,” the report from the Tel Aviv organization stated. Investments in Israeli companies more than tripled in six years, and capital raised in 2020 increased more than 20% year-over-year.

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