How Israel Has Emerged As One Of The Best Startup Locations

Israel in recent years has become one of the best places for a new tech startup to succeed. 2022 alone had tech companies close 663 deals raising nearly $15 billion and Israeli cybersecurity startups in 2021 raised nearly $9 billion. That’s more than 3 times the amount raised just the year before. In 2021, 57 new Israeli companies went public and raised $4 billion – almost tripling the $1.7 billion raised by IPOs in 2020. Israel is top 3 in the world for R&D expenditure per capita as well as number of machine learning and AI startups. Israel is also home to 1 out of every 3 cybersecurity unicorns, or businesses worth over $1 billion.

There are a number of driving factors pushing Israel to the top of the startup game. A number of massive companies and VC firms have a vested interest in Israel as they have offices and R&D centers in Israel. Tech giants such as Google, Microsoft, and Apple all have R&D centers hosted in Israel and have acquired tech companies started in Israel.

Learn more about the array of ways Israel is helping tech startups flourish as a Startup Nation here.

How Israel Has Emerged on the Tech Scene

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