Israeli High-Tech Startups Continue to Attract Investments Amidst Current War Situation
Israeli Startups Attract Investments During Conflict
Israeli high-tech startups have continued to secure investments amidst the ongoing conflict with Hamas, as reported by Startup Nation Central (SNC). Since the start of the war on Oct. 7, a total of $3.1 billion has been raised through 220 private investment rounds. Security technology firms have been a significant recipient of these funds, with one-third of the total amount allocated to them.
Next Insurance Leads the Way
Next Insurance emerged as one of the successful startups during this period, raising the highest amount of $265 million from two foreign venture capital funds. Despite the challenging war situation, the Israeli startup ecosystem has shown resilience and continued growth in securing investments.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.