JERUSALEM : Israeli institutions invested $512 million in the country's tech sector in 2022, down 40 per cent from $1.12 billion in 2021, a published reported showed on Monday, citing a weaker global economy and higher interest rates.Nearly half, $252 million, was made in the first half of the year when m
JERUSALEM : Israeli institutions invested $512 million in the country's tech sector in 2022, down 40 per cent from $1.12 billion in 2021, a published reported showed on Monday, citing a weaker global economy and higher interest rates.
Over the second half of last year, just 16 investments were made by Israeli institutional investors - four of those being early stage seed deals.and somewhat conservative investors readjusted their investment portfolios due to the shifting economic landscape," said Yoav Sherman, partner at Arnon Segev.
Nimrod Vromen, chief executive of Consiglieri, said that institutions last year had more inclination for early stage investments.
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