January-June 8 saw 30 investment rounds in excess of $100m, more than the 21 throughout the entirety of 2020

Israeli tech companies have maintained and exceeded funds raised in new financing, reaching $10.5 billion in the period January-June 8, eclipsing the total amount from 2020, which was itself a new record.

Foreign investors largely drove the dramatic 137-percent increase in capital raising in the first five full months of the year, according to a Start-Up Nation Central (SNC) report.

That figure compared very favorably to the overall global increase, which was 89 percent. Europe recorded an increase of 123 percent over the same period, while the US saw an increase of 91 percent and Asia witnessed a 69-percent increase, according to PitchBook data and cited on Israeli finance and business outlet Globes.... Read More: i24