247 Job News Saifudin Hidayat: These investors are pouring funds into Israel

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Rabu, 27 Julai 2022

These investors are pouring funds into Israel

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These investors are pouring funds into Israel

Israel is perhaps best known for the holy city of Jerusalem. Legions of tourists, history buffs, and worshippers flock to visit and experience the nation’s rich culture and countless historic sites every year.

Yet, its tech prowess hardly receives the recognition it deserves. Did you know that Israel was among the pioneers of the instant messaging revolution? Mirabilis, an Israeli startup, helped bring instant messaging to the masses after its ICQ service, invented in 1996, garnered 100 million users.

The bustling metropolitan city of Tel Aviv also placed seventh in a survey of the world’s most attractive ecosystems for startups and innovation, after fledgling companies in the city reached a combined value of US$120 billion. In fact, with over 6,000 active startups and a high-tech economy, Israel has earned the nickname “The Startup Nation.”

While it remains somewhat surprising that the country’s blossoming startup ecosystem continues to fly under the radar among the general public, it has definitely caught the attention of the investor community. In today’s premium story, we’ll shine the spotlight on the investors who have poured money into Israel-based startups in the last two years.

Also, if you’re an entrepreneur looking for funding, fill out this form to get your company featured on our list of fundraising startups.

-- Shravanth

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