Israeli startups raised $800m in March

Israeli startups raised $800 million in March 2024, in line with press releases seen by “Globes.” The determine could also be extra as some corporations want to stay in stealth and typically don’t publicize the investments they’ve obtained.

Israeli privately-held tech corporations raised $1.6 billion within the first quarter of 2024, in line with IVC-Leumitech, down 10% from the primary quarter final 12 months, after elevating $6.9 billion in 2023, $15 billion in 2022 and a file $25.6 billion in 2021.

In March 2024, massive financing rounds have been led by cybersecurity asset administration firm Axonius, which raised $200 million. Cybersecurity corporations Claroty and Coro and accounting platform FundGuard every raised $100 million. Knowledge safety firm BigID raised $60 million and grief help firm Empathy raised $47 million.

Printed by Globes, Israel enterprise information – en.globes.co.il – on April 1, 2024.

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