Israeli high-tech firms have largely halted job hiring and many are expected to continue layoffs this year, a report on the country's tech sector showed on Tuesday.
For those who need a boost, I recommend a visit to IIA’s offices in Jerusalem or any of the hi-tech hubs around the country. Innovation is still very much alive and kicking.
New Startups / VC Funding Fetcherr and Redefine.Dev Make RaisesFetcherr, an Israeli startup that developed an AI-powered, real-time demand predictor, raised $12.5 million in Pre-Series B funding led by Left Lane Capital and M-Fund. This raise followed a $7 million Series A raise in 2022, bringing Fetcherr’s total funding to $31 million across equity and […]
Surveys show investment in the Israeli hi-tech sector is at the lowest its been since 2018, reaching only $1.7 billion in Q1; 'If the trend doesn't change soon, it could be the end of the startup nation,' says start-up expert