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While the influence Since February, the state of the macro market in the global venture ecosystem has dominated headlines and conversations, until a few weeks ago I happened to hear nothing about Israel. There are no major layoff risks — but no eye-popping mega-rounds either. Wasn’t it good news? I decided to find out.
In the year More than $9.1 billion has been invested in Israeli startups in the first half of 2022, according to the IVC Research Center. This represents a significant decrease from the $12.4 billion inflows in H2 2021, and a 17% decrease from H1 2021.
At the same time, the country produced 20 new unicorns, down from 26 in H1 2021, but up from 16 in H2 2021. Dismissal this year.
So while the venture scene in Israel has seen similar refinancing as other geographies, it does so with less negative effects. I spoke with a few investors on the ground to find the root of this disconnect, and they described a startup culture that’s very different from the U.S. — meaning the numbers make sense.
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