July 24, 2018
Israeli high-tech companies raised $1.61 billion in 170 deals in the second quarter of the year, including the $300 million raised by Landa Digital Printing, which constituted 19 percent of the total amount in Q2/2018. The figures were released on Tuesday, based on the new IVC Research Center and ZAG S&W Zysman, Aharoni, Gayer & Co report.
The amount raised in the quarter brings funds raised by Israeli high-tech companies in the first half of the year to an all-time record of $3.2 billion — higher than the annual total capital raised in the full years between 2010 and 2013. Excluding the Landa financing round, the overall amount raised in the first half of 2018 is still the highest since the beginning of the decade.
In the second quarter, early stage companies (or A rounds companies) raised $200 million in 39 deals. Medium range rounds (B and C) attracted $857 million in 47 deals, accounting for 53% percent of the total capital raised.
“The trend of growth in investments in Israeli high-tech continues to stand out,” said Shmulik Zysman, a managing partner at Zysman, Aharoni, Gayer & Co. (ZAG-S&W), in a statement. “With the exception of the Q2/2016, this quarter represents the most successful quarter in the last six years. We are also seeing an increase in capital raised from foreign investors. In our opinion, this growth is also due to an increase in investments from China, as well as from European investors who are interested, among other things, in automotive technology.”