24 Jul 2017

Globes: Israeli startups raised $1.3b in Q2

Israeli startups raised $1.3b in Q2

This was down from the record $1.7 billion raised in the second quarter of 2016 but still the second largest amount in the past five years.

157 Israeli startups raised $1.26 billion in the second quarter of 2017, according to the latest report by IVC Research CenterZysman Aharoni Gayer & Co. (ZAG – S&W) law firm. Although this was down from the $1.7 billion raised by 194 startups in the second quarter of 2016, it was still the second highest quarterly amount in the past five years. The number of deals, even though slightly above the 155 deals reported for the previous quarter, remained 4% below the two-year average of 164 transactions.

Read more: http://www.globes.co.il/en/article-ivc-zag-israeli-startups-raise-13b-in-q2-1001197821