Buzz Archive:
Summary of Israeli High-Tech Company Capital Raising

by Efrat Zakai of the IVC Research Center, 4/17/2008

In 2007, 462 Israeli high-tech companies raised $1.76 billion from local and foreign venture investors, 8.5 percent above the $1.62 billion raised in 2006 and 31.5 percent above 2005 levels.

In the fourth quarter, 115 Israeli high-tech companies raised $503 million, a 21 percent increase from the $414 million raised by 108 companies in the third quarter and a 5 percent increase from Q4 2006. Capital raising in the fourth quarter - the highest in five years - included an especially large financing round of over $100 million for MobilEye. Even after adjustment, the figures indicate a stable level of capital raised relative to 2006.