Israeli technologies are flying up, with 33 new Unicorns “born” this year alone, which means startups that are valued at over $1 billion. In 2020, there were only 20 Israeli unicorns. The three dominating sectors are fintech, cybertech, and tech infrastructure, which have led the way bringing in a total of $24.5 billion in the first 11 months of 2021, which is a total growth of 136% since 2020.
In the recent StartUp Central report, stats showed that 2021 was a year of Israeli IPOs, which numbered 20 in 2020 and 57 in 2021, raising a total of $4 billion. The number of “mega-rounds,” which means garnering an investment of over $100 million, jumped from 22 to 74 in the current year.
In comparison to Israel’s 136% jump, the global average is 71%, with the UK at 105%, Singapore at 95%, and the US at 78%.
