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TEL AVIV, Israel, Feb. 15, 2021 /PRNewswire/ Analysis by Israeli NGO Start-Up Nation Central (SNC), has revealed that January 2021 saw record investments in Israel during a single month. Six start-ups raised more than $100M each (mega rounds) during the month, totaling 73% of the total,
record-breaking $1.44B raised by Israeli firms in January. Furthermore, the mega-rounds in January 2021 alone, equal close to 30% of the total number of mega-rounds in the
entire year of 2020 (21 total). All of the aforementioned reflects a strong vote of investor confidence in Israel s innovation ecosystem during the COVID-19 pandemic.
Israeli Startup Fundraising per month, source: Start-Up Nation Central Research Department (Finder Platform)
Illustrative image of an elbow-bump (Picturesque Japan; iStock by Getty Images)
Investments in Israeli startups surged to a record $1.44 billion in January, even as the pandemic has continued to wreak its havoc, Start-Up Nation Central (SNC), a nonprofit that tracks Israel’s tech industry, said on Thursday.
The figure compares to $956 million raised in January 2020, just before the pandemic struck. May 2020 saw a drop in investment to just $433 million, but by autumn investments were above the $1 billion mark, reaching $1.26 billion in September.
During January this year, six startups raised more than $100 million each, or so called mega rounds, during the month, totaling 73% of the total funds raised that month. The mega-rounds in January 2021 alone equal close to 30% of the total number of mega-rounds in the entire year of 2020, which totaled 21.