Israeli tech firms raise $5.24 billion in 2017, up 9% from 2016

As the Times of Israel reports today, Israeli tech firms raise $5.24 billion in 2017, which is up 9% from 2016.

This will strenghten Israels position as the world leader in raising money for high-tech startups on a per capita basis.

Our Startup-Nation Israel meets Switzerland event will be on April 26 in Zürich again. There we will bring leading startups in self-driving technologies and e-health to Switzerland and discuss also how Switzerland and Israel can collaborate in high-tech to combine their individual strengths.

  • The jump in 2017 was fed by four large deals of over $100 million each, capturing 12 percent of the total amount raised.
  • Israeli high-tech companies raised $5.24 billion in 620 deals in 2017, an increase of 9 percent compared to the $4.83 billion attracted in 2016, in 673 deals.
  • The average financing round in 2017 rose to an average $8.5 million in 2017, from an average $3.6 million in 2013.
  • Israeli VC funds invested $814 million in 2017, the highest sum since 2013, and an increase of 25 percent from $651 million in 2016, making up some 16 percent of all of the money raised by Israeli high-tech companies, with the other 84% of funds raised by foreign VCs and other investors, both Israeli and foreign.
  • Investment in automotive technologies jumped to $810 million, in 2017, from $644 million in 2016 and $120 million in 2013.
  • Life sciences companies raised $1.2 billion, 40% more compared to the $850 million raised in 2016.
  • Israeli VC funds raised $1.3 billion in the course of 2017, the report said, and these funds have some $3 billion in capital available for follow-on and first investments.

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