Connect with us

Hi, what are you looking for?

Jewish Business News


Late-Stage Israeli Start-Ups Raise Double the Funds this Quarter

Photo / Michael Alvarez-Pereyre For Gvahim : Technology and Business Incoubator

Israel is known for its internet start-ups, but the assumption that these companies will get gobbled up may be a thing of the past.

Late-stage tech companies in Israel raised $447 million in the second quarter, double the amount in the first quarter, according to IVC Research center. The qualification to be considered a mature company is to generate $10 million in sales. These companies were the recipients of 48% of tech funding, which was at its highest level in 14 years. The success of Mobileye, which makes technology for driverless cars and raised$890 million on its IPO, the largest ever for an Israeli company, is showing that a number of these Israeli start-ups may reap significant rewards by staying independent and developing.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.