Annual capital raised by leading tech clusters in Israel 2015-2023
In 2023, cyber security continued to be the leading technology cluster in Israel, in terms of total value of investments. Companies in this cluster raised approximately 1.85 billion U.S. dollars in capital. Fintech ventures were the second highest funded tech cluster in the country, with almost 1.5 billion U.S. dollars raised that year. On the other hand, food-tech firms suffered the greatest decline in new investments, which were down by over 84 percent from the previous year. Overall, investment in the Israeli technology sector significantly declined in 2023.
