Israel is known as a cybersecurity hotspot internationally, and while that remains true, the newest data indicates that Israel’s tech ambitions and prowess extend much further.
The key stats?
$370 Million | The amount Israel’s top 60 startups had raised in total by 2014.
$167 Million | The total amount of startup funding dispensed by the Israeli government between 2011-2015.
2,000| The number of startups that applied to Barclay’s Tel Aviv based Accelerator. 40 were accepted.
430| The number of FinTech startups HQed in Israel; there were 90 in 2009.
2.7| The number of times more likely it is for incubator startups (vs. accelerator startups) to snag follow-on investment.