2021 Israel Funding Ecosystem

By Gonzalo Martínez de Azagra, Noa Shamay and Brendan Bassett

Over the past year, Israel’s appetite for entrepreneurial success continues to shine through in remarkable ways. Levels of capital investments and exit activity continue to break records during a time in which Israel’s high-tech industry shows signs of maturation.

VC-backed investments in Israeli tech have almost doubled in 2021 after an already record-breaking year in 2020. In contrast, M&A activity begins took a back seat as more companies chose to exit through capital markets. The number of Israeli founded unicorns has spiked in the last three quarters.

Last year, Cardumen Capital released the first version of our Israeli Funding Ecosystem Map that displayed the main investors in Israeli entrepreneurship. This year, we brought together content from an array of resources, including Startup Nation Central, Pitchbook, and Crunchbase to build a more comprehensive and up to date landscape. Our research indicates that in 2020 and thus far in 2021, 26 VCs, 3 Corporate VCs, 5 incubators, 5 accelerators, and 1 crowdfunding platform have been founded.

Here are the top highlights of our funding landscape analysis:

You can view the map in high-resolution here