Private Israeli technology companies raised about $9 billion in the first eleven months of 2024.
Israeli startups raised more than $700 million in November 2024, according to reports and press releases seen by Globes. The number may be higher because some companies prefer to remain hidden and sometimes do not announce the investments they have received.
Private Israeli technology companies raised $7.2 billion in the first nine months of 2024, according to IVC-LeumiTech. So, after raising nearly $1 billion in October and more than $700 million last month, privately owned Israeli tech companies have raised about $9 billion in the first 11 months of 2024. This points to a recovery from 2023 when He raised $6.9 billion in the entire year. After raising $15 billion in 2022, a record $25.6 billion was raised in 2021.
In November 2024, the largest funding rounds were completed by: cybersecurity company Cyera, which raised $300 million, cloud backup company EON, which raised $70 million, cloud management company ScaleOps, which raised $58 million, and intelligence analytics company Synthetic Pyramid Analytics, which raised $50 million.
Published by Globes, Israel Business News – en.globes.co.il – on December 1, 2024.
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