OurCrowd Is Most Active VC In Record-Breaking Israeli Tech Fundraising [Forbes]
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Source: Forbes
Record-breaking fundraising for Israeli startupsgettyRaising $4.9 billion, Israeli startups had a record-breaking year in 2020, according to PitchBook. This was up from $3.9 billion in 2019 and 5 times what it was ten years ago. Previous records have continued to be shattered in the first quarter of 2021, with $2.11 billion raised by Israeli startups by the end of March, up almost 250% from the $870 million raised in the first quarter of 2020 and $1.03 billion raised in Q1 2019.The most active Israeli VC in 2020 was OurCrowd with 24 deals, according to PitchBook, followed by Pitango and TLV partners with 13 deals each (the Israeli government, which has been an active supporter of “startup nation” over the last thirty years, participated last year in 15 deals). Keiretsu Forum with 13 deals and Bessemer Venture Partners with 10 deals led the list of most active foreign investors in Israeli tech in 2020 and Intel was the top foreign corporate VC with 3 deals.OurCrowd is a prime example o
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