Digital Life Design Tel Aviv Innovation Festival 2017, Israel's major annual startup event, takes place at Jaffa Railway Station in Tel Aviv, Sep 06, 2017. (TPS/Kobi Richter)
Israeli startups raised a record $6.1 billion in 2018, surpassing last year’s $5.24 billion.
By JNS
Israeli startups raised a record $6.1 billion in 2018
This figure was calculated with $400 million fundraised in December, plus the $4.5 billion raised in the first nine months of 2018, according to a joint report from the IVC Research Center and the law firm Zag-S&W.
This is in addition to an estimated $1.2 billion raised in October and November.
The total figure beats last year’s record of $5.24 billion.
Israel is known as a “Startup Nation,” having the third-most companies listed on Nasdaq.
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