Buzz Archive:
Summary of Israeli High-Tech Company Capital Raising Q2 / H1 2007

by IVC Research Center, 11/13/2007

In the second quarter of 2007, 118 Israeli high-tech companies raised $436 million from venture investors - both local and foreign. The amount was up 7 percent from $406 million raised by 121 companies in the previous quarter, and 8 percent ahead of the $404 million raised by 109 companies in the second quarter of 2006. In the first half of 2007, capital raised was $842 million, up 10 percent from H1 2006 levels.

The average high-tech financing round was $3.7 million, up 9 percent from both the previous quarter and the second quarter of 2006. Eighty-one companies attracted more than $1 million. Of these, 15 companies raised $5 million to $10 million each, and 12 companies raised more than $10 million each.