✉news BusinessStartups first seen 5 h ago, last 1 h ago, peak #5
Israeli startups raise $2.77 billion in September mega-rounds
Original: Israel’s startup funding hits $2.77 billion in September, driven by five mega-rounds
Israeli startups raised $2.77 billion in September, a figure driven largely by five mega-rounds, according to Calcalist. The total suggests a strong month for the country's tech funding despite a generally tougher climate for venture investment. The concentration in a handful of large deals highlights how a small number of major financings can dominate monthly totals.
Why now: The strong monthly total and concentration of large funding rounds is notable news for Israel's tech sector and investors watching the startup market.
Evidence
- Israel’s startup funding hits $2.77 billion in September, driven by five mega-rounds · calcalistech.com
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