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Israel’s startupecosystem raised record amounts of funding and produced 19 IPOs in 2020, despite the pandemic. Same as VC funds are deeply acquainted with Silicon Valley, tech investors cannot ignore this hub of innovation that has produced global market leading companies and serial entrepreneurs.
It requires accelerators and incubators and coworkingspaces to help nurture early ideas, and it needs VC firms investing across stages. Success begets success, and before you know it, a startup scene is born. By the time the new century came around the area began to shift to look like a modern startup scene.
In late 2018, the company raised $75 million Series C from Sequoia, arguably the top VC firm in the world. After being largely ignored by Valley investors (the biggest checks in her seed, Series A, and Series B came from men on the East Coast), she finally found support from the VC elite. VC David Sacks tweeted “??
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