Israeli startups raised over $600m in November

• Author: Globes correspondent
• Published date: 01 December 2022
• Publication title: Globes (Rishon LeZion, Israel)

Israeli privately-held tech companies raised a record $25.6 billion in 2021, according to IVC, more than double 2020's figure of $10 billion, which was itself a record. Israeli startups raised $13.5 billion in the first nine months of 2022, according to IVC, so although well off the pace of last year's record, startups have already raised nearly 50% more than in all of 2020. Israeli startups have raised $14.8 billion in the first eleven months of 2022

The low figure for November is more evidence of the slowdown in the global tech industry, and was even lower than the $700 million raised in October, when there was a fewer number of work days due to the holidays.

In November, the major...