Technology seems to have attracted a major chunk of investments in Israel amid the Covid-19 pandemic. According to the latest data, Israel’s high-tech sector raised a record $25.4 billion so far in 2021, up 136% over 2020.
A report by Start-Up Nation Central said that FinTech, enterprise IT and data infrastructure, and security technologies were among the largest sectors in terms of funding, comprising 65% of total funding and each doubling last year’s total to emerge as the tech industry ecosystem’s main drivers.
Since the start of 2021, there were 74 funding rounds above $100 million, more than double the amount in 2020 and totalling nearly $15 billion, according to Start-Up Nation Central, a non-profit group that closely follows the Israeli tech ecosystem.
Advertisement
EVENT
Saksham Bharat 2026
A multi-stakeholder dialogue on skilling gap in Cybersecurity, Data Resilience and AI — and the roadmap to a Saksham Bharat.
Infosec Reimagined 2026 is the premier information security summit where top leaders—CISOs, CROs, CIOs, CTOs and risk executives—converge to redefine cyber resilience.
Digital Senate is a premier conference uniting government leaders, technologists and innovators to share ideas, success stories and strategies on digital governance, public sector transformation, cybersecurity and emerging technologies in India.
CIO Prism unites forward-thinking technology leaders to exchange transformative insights, shape digital strategies, and foster innovation, empowering enterprises to excel in an era of rapid technological change.
The report stated that some 33 companies in 2021 became unicorns, private firms valued above $1 billion, to reach 53, while 57 companies went public and raised $4 billion. In 2020, 22 companies raised $1.7 billion in IPOs.
With 46 rounds, Insight Partners was the most active venture capital fund in Israel this year, followed by 29 for Israel’s OurCrowd. Start-Up nation CentralCEO Avi Hasson said one issue for the tech sector is that companies are struggling to find enough workers amid a sector-wide chronic shortage of tens of thousands of skilled employees.
Tech Observer Desk at TechObserver.in is a team of technology reporters led by a senior editor who brings latest updates and developments from the world of technology.
India will chair the Common Criteria Development Board from April 2026, gaining influence over international IT security certification standards recognised by 38 countries.
