Israeli Startups raised $1.1B during Q3 2015!
Israeli startups collectively raised 1.1 billion dollars during the 3rd quarter of 2015, an amount nearly at the same level that was raised at the second quarter of this year, based on the latest report of IVC-KPMG Survey. Until today, during the first three quarters of 2015, a total of 506 Israeli startups have raised $3.2 billion, compared to $2.3 billion at the same time last year!
Most of the capital came from venture capital funds, since at this quarter VCs contributed $908 million to Israeli companies, averaging 9.1 million dollars per deal! One of the most impressive findings is the fact that Israeli VC funds only accounted for 12% of the total investments. A sign that international interest in Israeli startups and innovation is something more than high! “We expect that 2015 may end with as much as $4.4 billion in total capital raising by high-tech companies”, said Koby Simana, CEO of IVC Research Center.