The high-tech industry in Israel broke many records this year: Raised a total of $ 24.5 billion

The high-tech industry in Israel broke many records this year - and now the numbers indicating its strength are being revealed. According to a report by Start-Up Nation Central, in the first 11 months of 2021, local companies raised a total of $ 24.5 billion. Israeli companies raised $ 10.8 billion.
During the period, 74 high-tech companies raised mega-rounds - that is, huge fundraisers of more than $ 100 million - compared to 22 companies in 2020. These fundraisers account for more than half of the total capital raised in 2021 and stand at $ 14.4 billion - a growth of 310% in total Recruitments compared to the corresponding period in 2020.
Unsurprisingly, the investments were mainly routed to the cyber, fintech industry and computing infrastructure. The most prominent sub-areas in the industry are fintech, enterprise IT / data infrastructure and security technologies. In each of these sub-areas, the total number of recruitments doubled in 2021 compared to 2020.
The number of companies worth at least $ 1 billion - that is, Unicorn - has grown more than 100% and 33 private technology companies have joined it. Currently, 53 technology companies operating in the Unicorn level are operating in Israel. Moreover, the number of issues jumped from 22 in 2020 to 57 in 2021 and the cumulative fundraising was about $ 4 billion. Only ten companies made $ 4.9 billion in SPAC offerings.
Foreign investment entities are responsible for most of the investments and were among the most active investors in 2021. Among them, Insight Partners (participated in 49 rounds), Entree Capital, Bessemer Venture Partner, and Tiger Global Partners stood out.
Also in comparison with the global trend, Israel shows an increase in the volume of recruitment compared to last year. Capital raising during 2021 recorded, as mentioned, an increase of 136%, while the global average stands at 71%. This figure is also an increase in the volume of recruitment in relation to countries such as the USA (78%), the United Kingdom (105%) and Singapore (95%), according to comparative data in the PitchBook database updated to the end of November 2021.