Daniele Moscati
Jewish Economic Forum
2 min readJan 3, 2023

--

Israeli Startups Raised Over $500M in December Israeli startups are continuing to make impressive gains in the global venture capital market. According to a report by the IVC Research Center and ZAG S&W law firm, Israeli startups raised a record-breaking $502 million in December 2020. This is the highest amount ever raised in a single month and sets a new milestone for the Israeli startup ecosystem. The report found that the number of Israeli startups who raised funds in December was almost double the number of deals completed in November. In total, 36 Israeli startups secured investments from venture capital funds and corporates in December, up from 19 deals in November. The largest investment of the month was a $150 million Series D round for JFrog, an Israeli cloud-computing company that provides software development, DevOps, and DevSecOps services. This was followed by a $50 million Series C round for cybersecurity company IntSights, and a $40 million Series B round for self-driving vehicle company Autotalks. The report also showed that Israeli startups are increasingly turning to global investors. In December, around 43% of the funding raised came from international investors, up from 37.5% in November. The December figures confirm that Israel is an important hub for innovation in the tech sector. It’s also a great example of the power of the Israeli startup ecosystem, which has continued to flourish despite the pandemic. In addition to the companies mentioned above, there were a number of other notable investments in Israeli startups in December. These included a $22 million Series B round for Verbit, a $20 million Series B round for Spot.IM, and a $12 million Series A round for Daon Cyber. Overall, the figures from December show that Israeli startups are continuing to attract significant interest from investors around the world. With the amount of funding raised setting a new record, it

--

--