[ April 19, 2024 ]
Despite the vicious onslaught of attacks and slanders from the Left, the tiny Jewish state continues to thrive. Israel is quite simply remarkable. #BDSFail!
Israeli companies raise record $2.24 billion in third quarter of 2019
By No Camels, October 29, 2019:
Story continues below advertisementIsraeli startups raised a record $2.24 billion in 142 deals in the third quarter of 2019, according to a new report released this week by Israel-based IVC Research Center and international law firm Zysman, Aharoni, Gayer & Co. (ZAG-S&W).
While the amount raised in the third quarter was not far from the $2.32 billion raised in the second quarter of 2019, there were 14 more deals in Q3, compared to the previous quarter, which had 128 deals. That’s the highest amount of deals reported in a quarter since 2013.
There were also 23 more deals in Q3/2019 compared to the 119 deals of Q3/2018.
The amount raised in the third quarter of 2019 was up 37 percent from the $1.63 billion raised in the third quarter of 2018.
The report noted 13 deals over $50 million, which amounted to 57 percent of total capital raised in the third quarter of 2019. From the first quarter to the third quarter of 2019, there were a total of 23 deals that were over $50 million. In total, Israeli companies raised $3.26 billion in 63 deals from Q1 to Q3 of 2019.
The six largest deals in the third quarter totaled $841 million. Each startup raised $100 million or more. The startups include US-Israeli cybersecurity startup Cybereason, which raised $200 million in a later stage investment round; financial tech company Fundbox, which raised $176 million in a Series C round; video and image editing mobile app developer Lightricks, which raised $135 million in a Series C round; US-Israeli car loan startup Lendbuzz, which raised $130 million in a debt financing round; insurance tech startup Hippo Insurance, which raised $100 million in a Series D investment round; and retail analytics firm Trax, which raised $100 million in a later round.
Deals backed by venture capital firms raised $1.6 billion in 81 deals in the third quarter, the report said, up from the $1.31 billion in 72 deals raised in the third quarter of 2018. VC-backed deals raised $4.68 billion in the first quarter of 2019 to the third quarter, nearing the $4.76 billion raised by VC-backed deals in all of 2018.
The Truth Must be Told
Your contribution supports independent journalism
Please take a moment to consider this. Now, more than ever, people are reading Geller Report for news they won't get anywhere else. But advertising revenues have all but disappeared. Google Adsense is the online advertising monopoly and they have banned us. Social media giants like Facebook and Twitter have blocked and shadow-banned our accounts. But we won't put up a paywall. Because never has the free world needed independent journalism more.
Everyone who reads our reporting knows the Geller Report covers the news the media won't. We cannot do our ground-breaking report without your support. We must continue to report on the global jihad and the left's war on freedom. Our readers’ contributions make that possible.
Geller Report's independent, investigative journalism takes a lot of time, money and hard work to produce. But we do it because we believe our work is critical in the fight for freedom and because it is your fight, too.
Please contribute here.
or
Make a monthly commitment to support The Geller Report – choose the option that suits you best.
Quick note: We cannot do this without your support. Fact. Our work is made possible by you and only you. We receive no grants, government handouts, or major funding.Tech giants are shutting us down. You know this. Twitter, LinkedIn, Google Adsense, Pinterest permanently banned us. Facebook, Google search et al have shadow-banned, suspended and deleted us from your news feeds. They are disappearing us. But we are here.
Subscribe to Geller Report newsletter here— it’s free and it’s essential NOW when informed decision making and opinion is essential to America's survival. Share our posts on your social channels and with your email contacts. Fight the great fight.
Follow Pamela Geller on Gettr. I am there. click here.
Follow Pamela Geller on Trump's social media platform, Truth Social. It's open and free.
Remember, YOU make the work possible. If you can, please contribute to Geller Report.
Join The Conversation. Leave a Comment.
We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spammy or unhelpful, click the - symbol under the comment to let us know. Thank you for partnering with us to maintain fruitful conversation.
If you would like to join the conversation, but don't have an account, you can sign up for one right here.
If you are having problems leaving a comment, it's likely because you are using an ad blocker, something that break ads, of course, but also breaks the comments section of our site. If you are using an ad blocker, and would like to share your thoughts, please disable your ad blocker. We look forward to seeing your comments below.
3 Comments
4 years ago
If this keeps up, in another decade, Israel will be sending us foreign aid.
4 years ago
Israel is an economic power house and that is mainly due to Prime Minister Netanyahu!
It boggles the mind how anyone could consider Gantz to replace him. Gantz will be a disaster.
He is an inexperienced liberal looking for peace at any price with Israel’s enemies.
4 years ago
Good now invest that money in manufacturing boomers and ABM systems.
