Global Statistics

All countries
114,552,911
Confirmed
Updated on February 28, 2021 6:38 pm
All countries
90,028,724
Recovered
Updated on February 28, 2021 6:38 pm
All countries
2,540,282
Deaths
Updated on February 28, 2021 6:38 pm

COVID-19 Global Statistics

All countries
114,552,911
Confirmed
Updated on February 28, 2021 6:38 pm
All countries
90,028,724
Recovered
Updated on February 28, 2021 6:38 pm
All countries
2,540,282
Deaths
Updated on February 28, 2021 6:38 pm

Support Corruption-Free

Supporting Corruption-Free isn’t a transaction for an online service. Our Community is for people like you who care about a common good: ensuring that balanced, independent coverage of Nigeria and the world continues to be available to millions across the world, for free.

Israeli Tech Firms Raise $2.32 Billion In 2Q, Highest Amount Since 2013

Israel Enables Christians to Celebrate Jesus’ Baptism Holiday Despite Coronavirus

Although the pandemic is keeping Christians and others from visiting the Holy Land, Israel is helping local Christians under lockdown celebrate their...

With 15 strokes of a pen, President Biden reverses Trump on climate, virus and immigration

US President Joe Biden moved swiftly to dismantle Donald Trump’s legacy on his first day in office, signing a series of executive...

Report: Former US President Plans to Flee the White House early

In the wake of yesterday's shocking riots and after finally admitting defeat in November's presidential election, Donald Trump - along with wife...

Larry King, hospitalized with COVID, moved out of ICU

LOS ANGELES — Veteran talk show host Larry King, suffering from COVID-19, has been moved out of the intensive care unit at...

America’s Fate To Be Decided in Two Days

Civil war or the will of the people? The events on two days in the next two weeks will...

Israeli high-tech companies raised $2.32 billion in the second quarter of 2019, the highest quarterly amount since 2013, bringing the amount raised by Israeli tech firms in the first half of the year to an all-time high.

The figures were boosted by 10 mega deals, of over $50 million each, for the quarter, which totaled $1.26 billion and accounted for 54% of the total capital raised in the second quarter of the year, a report by IVC Research Center and advocates Zysman, Aharoni, Gayer & Co (Zag-S&W) said.

The three largest deals in the quarter totaled $670 million. Online insurance firm Lemonade raised $300 million in the quarter; Monday.com, which has developed a team management platform, raised $250 million; and cybersecurity firm SentinelOne raised $120 million.

During the first half of this year, Israeli high-tech companies raised $3.9 billion in 254 deals, the report said.

Venture capital-backed deals accounted for 78% of the total amount raised in the second quarter of 2019, the report said, reaching a record $1.81 billion in 73 deals. In the first half of the year, VC-backed deals accounted for $3.16 billion in 148 deals, and almost doubled the amount raised in H1/2018 — $1.86 billion in 142 deals.

“Just when we thought the investment growth in the first quarter of 2019 had broken every record, along comes the second quarter and registers the most significant leap in the total amount raised in the last six years,” said Shmulik Zysman, managing partner & high-tech industry leader at ZAG-S&W.

Startups in their growth stage — companies in initial revenue and revenue growth stages — were “exceptionally active” in the quarter, raising $2.02 billion in 70 deals, the highest total amount since 2013, IVC said. Companies at seed stage, however, felt a funding squeeze, with transactions under $5 million accounting for just 113 deals in the first half of the year, compared to 118 in the first half of 2018 and 135 in the first half of 2013, the data shows.

“Israeli high-tech companies are gaining access to a larger pool of capital for growth companies, especially from foreign investors,” said Marianna Shapira, research director at IVC Research Center, in the statement. “The Q2 figures show that most early-stage companies are struggling to access investment capital. This discrepancy might be a cause for concern about the future of seed ventures in Israel.”

In 2Q/2019, IT & software companies raised $1.02 billion in 49 deals — the highest quarterly amount since 2013, while Israeli life-sciences companies raised $263 million in 27 deals for the period. Both the number of deals and the amount raised were slightly higher compared with the quarterly average since 2013, the report said.

Israeli investors made a total of 174 investments in the quarter, totaling $704 million, the highest quarterly high since 2013. Foreign investors increased their activity in the quarter, compared to previous quarters, making 441 investments totaling $1.57 billion.

Hot Topics

Israel Enables Christians to Celebrate Jesus’ Baptism Holiday Despite Coronavirus

Although the pandemic is keeping Christians and others from visiting the Holy Land, Israel is helping local Christians under lockdown celebrate their...

With 15 strokes of a pen, President Biden reverses Trump on climate, virus and immigration

US President Joe Biden moved swiftly to dismantle Donald Trump’s legacy on his first day in office, signing a series of executive...

Report: Former US President Plans to Flee the White House early

In the wake of yesterday's shocking riots and after finally admitting defeat in November's presidential election, Donald Trump - along with wife...

Related Articles

Israel Enables Christians to Celebrate Jesus’ Baptism Holiday Despite Coronavirus

Although the pandemic is keeping Christians and others from visiting the Holy Land, Israel is helping local Christians under lockdown celebrate their...

With 15 strokes of a pen, President Biden reverses Trump on climate, virus and immigration

US President Joe Biden moved swiftly to dismantle Donald Trump’s legacy on his first day in office, signing a series of executive...

Report: Former US President Plans to Flee the White House early

In the wake of yesterday's shocking riots and after finally admitting defeat in November's presidential election, Donald Trump - along with wife...