Israeli start-ups raise $10.5b. in five months, topping 2020 record

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Israeli start-ups have raised $10.5 billion since the start of the year, matching the total raised for the whole of 2020, which was itself a record year, in less than half the time, Start-Up Nation Central said Tuesday.

2021 has already set a record for the number of mega-rounds (investments of over $100 million) raised, with 30 having been completed so far, compared to 21 mega-rounds throughout all of 2020. These rounds represent 53% of all capital raised, and for the first time, they account for more than half of the total funds invested.

The bulk of funding went to cybersecurity, FinTech, and enterprise solutions companies, Start-Up Nation Central said. These three sectors pulled an accumulated $6.2b., or 60% of all investments. These sectors are all software, strongly B2B oriented, and saw huge increases in demand for their solutions over the last year as work practices changed.

The significant rise in investments in Israeli hi-tech and…

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