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Israeli startups raising funds virtually and faster, survey shows

The Year Of The Pivot: 14 Israeli Startups That Thrived During COVID-19

The Year Of The Pivot: 14 Israeli Startups That Thrived During COVID-19 Tech & Innovation The Flytrex drone carries its delivery across the sky. Courtesy If for most of us 2020 has been a year of hunkering down and altering the way we lead our social interactions, work, leisure and education; for many startups too, 2020 has been the year of the pivot. While startups are generally known for their regular pivoting, or changing of direction, this was a new kind of pivot – one that was based on developing new technologies at record speed to stem the spread of the novel coronavirus or adapt to the rapidly changing tech landscape.

Why Did Israeli Firms Win Record Investments in COVID-19 Year? – The Wilmington Journal

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.

Why Did Israeli Firms Win Record Investments in COVID-19 Year?

Why Did Israeli Firms Win Record Investments in COVID-19 Year?
vidanewspaper.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vidanewspaper.com Daily Mail and Mail on Sunday newspapers.

Why did Israeli firms win record investments in a coronavirus year?

Why did Israeli firms win record investments in a coronavirus year?
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