Nicknamed "startup nation," Israel has become home to one of the highest global concentrations of startups per capita.
The nation's VC scene has been driven by the presence of a highly skilled workforce and robust R&D capabilities. Israel's strong connection with the US has also offered more mature startups a home to expand and an attractive exit destination.
The Israeli government has long been supportive of the effort to become a startup nation. In 1993, the Yozma program was created to leverage public money to attract private investment.
Last year, Israeli VC deal activity reached a new peak, with €10.6 billion (about $11.2 billion) invested over 696 deals—an increase of 125.5% and 21.9%, respectively, from 2020, according to PitchBook data. As of early May 2022, startups hailing from the country have raised €3.7 billion across 217 transactions.
Here are the 10 most active VCs from Israel by deal count since the start of 2017.
Featured image by Michel Gounot/Getty Images
This article originally appeared on PitchBook News