Capital Raised by Israeli Startups and Companies Reaches New Record in 2018

In 2018, Israeli startups and companies have raised a really high capital. As reported by Globes, a report published by the IVC Research Center and ZAG S&W Zysman, Aharoni, Gayer & Co law firm, that the Israeli companies and startups have reached a new record in 2018.

While the level of capital raised has increased, high-tech exits declined sharply in the past year with a 33% drop compared to the number of deals in 2017.

There has been a significant increase in raised capital between 2013 and 2018.

The report indicates that Israeli startups raised $6.47 billion in 623 deals in 2018.

The largest amount of 2018 was raised by JFrog, a DevOps firm that automates software updates. JFrog closed a $165 million Series D funding round in October. Its overall valuation is around $1 billion.