Tuesday, August 12, 2014

PwC Money Tree Report 2Q14: $233 million invested in VC-backed Israeli Hi Tech Companies

According to the report VC backed hi-tech companies raised $233 million in Israel during the second quarter of 2014, similar to the amount raised in the first quarter of the year. This number is 34% higher than the amount raised by companies in the corresponding quarter last year ($174 million).

During 1H14, 75 Israeli companies raised $465 million, an 25% increase compared to the same period in last year were $370 million was raised. The report also indicates that 37 Israeli high-tech companies raised VC funding in the second quarter of 2014, compared to 38 in the preceding quarter and 43 in the corresponding quarter of last year.

The average investment per company in the quarter under review was $6.3 million, up from $6.1
million in the preceding quarter and up from $4.0 million in the corresponding quarter of last year.
During the current quarter, $160 million, 69% of the total quarterly investment, was invested in 6 deals of over $10 million, compared with $121 million (52%) invested in 7 deals in the previous quarter
and $95 million (55%) in 6 deals in the second quarter of 2013.

2Q2014 Money tree Report

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