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According to a report by data sharing platform Startup Snapshot, 74% of founders are reporting that they are worried about their ability to raise their next round of funding
As rocket attacks from Gaza continues and rioting by both Jews and Arabs ripped through Israel’s mixed cities, those support.
The survey found that due to virtual pitches and increased competition for deals, the time it took to close a round has been almost cut in half, with 59% of startups currently closing a round in under four months, compared to only 36% pre-Covid. Some 29% of the companies said that they closed a round in under two months. “41% of startups raised funds without meeting their investors face-to-face,” Yael Benjamin told
Calcalist. “Companies that are managing to do that successfully will benefit from international funding and enormous business opportunities.”