Sullivan & Worcester (JD Supra Israel)

Tel Aviv, Israel. Israeli high-tech companies raised $2.24 billion in the third quarter of 2019, the highest quarterly amount since 2013. While the amount raised in Q3 kept pace with amounts raised in Q2/2019, deal numbers increased compared to the previous quarter (128 deals) and Q3/2018 (119 deals).

Key facts: - $1.52 billion was raised in 181 deals—an increase in the number of deals and the total sum - A rounds captured a third of the total amount raised - Capital raising by companies in R&D stage leapt 60%, raising $451 million compared to the quarterly averages in 2017 - Cyber security companies keep growing—number of deals doubled compared to Q4/2017