Israeli startups raise record $1.44 billion from investors in January

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(The Times of Israel)

Investments in Israeli startups surged to a record $1.44 billion in January, even as the pandemic has continued to wreak its havoc, Start-Up Nation Central (SNC), a nonprofit that tracks Israel’s tech industry, said on Thursday.

The figure compares to $956 million raised in January 2020, just before the pandemic struck. May 2020 saw a drop in investment to just $433 million, but by autumn investments were above the $1 billion mark, reaching $1.26 billion in September.

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