Fundraising by Israeli startups expected to decline during 2022
A survey of Israeli startup companies shows a significant drop in fundraising.
According to a report by the Tel Aviv-based Greenfield Partners, during the first quarter of 2022, a total of 132 Israeli startup companies in various stages raised $5.95 billion in funding. The figure marks a slight increase compared to the corresponding period in 2021 ($5.90 billion), but a significant drop compared to the previous quarter ($8.88 billion).
The report shows that $2.35 billion through 42 deals was raised during January 2022, $1.27 billion through 38 deals was raised in February and $3.23 billion through 52 deals was raised last month. Most of the deals (69) were valued at less than $25 million while 19 raised more than $100 million each.
