The volume of venture capital investments in Israeli companies has tripled since the start of hostilities, the Financial Times reports. In September, 232 transactions worth $1 billion were completed, in October – 120 transactions worth $325 million.
After the outbreak of hostilities between Palestine and Israel, the volume of venture investments in the latter’s companies tripled. This is reported by the Financial Times based on data from the research company IVC.
In September (before the outbreak of hostilities), Israel raised $1 billion in venture capital funding in 232 deals. The following month, the amount was reduced more than three times and the number of transactions doubled. In October, the volume of venture investments in Israeli companies amounted to $325 million and 120 transactions were completed.
After the outbreak of hostilities, investors did not leave Israel, but decided to take a break to follow the development of events, according to experts interviewed by the newspaper.
Author:
Kirill Bilyk
Source: RB
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