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Israeli startups raised a report $3 billion in October 2021, based on press releases from the businesses. The determine could also be extra as some corporations favor to stay in stealth and typically don’t publicize the investments they’ve acquired. Israeli privately held tech corporations have raised over $2 billion in seven of the previous eight months however that is the primary time that the quantity has reached $3 billion.
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IVC-Meitar: Israeli startups raised $5.9b in Q3
Israeli tech corporations have raised $17.8 billion within the first 9 months of 2021, based on IVC-Meitar. October’s determine takes the quantity raised to $20.8 billion, greater than double final yr’s determine of $10 billion, which was itself a report.
In October, the key financing rounds that had been accomplished had been led by worldwide funds options firm Deel, which raised $425 million and cybersecurity firm Orca, which raised $340 million. Cybersecurity firm Wiz raised $250 million, drug discovery Immunai raised $215 million, cybersecurity firm Cato Networks raised $200 million, and retail logistics firm Cloth additionally raised $200 million.
Different main financing rounds had been accomplished by machine well being firm Augury, which raised $180 million, HR administration Hibob, which raised $150 million and AI chip firm Hailo, which raised $136 million. Information analytics firm Neuroblade raised $83 million and repair intelligence platform raised $70 million.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on October 31, 2021.
© Copyright of Globes Writer Itonut (1983) Ltd., 2021.
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