Down rounds in Israeli tech hit nearly 20% in 2023

Down rounds in Israeli tech hit nearly 20% in 2023. While in 2022, 90% of rounds saw an increase in company value, this figure dropped to 65% in 2023, with 19% of startups raising funding at a decreased valuation and 16% doing so at a similar valuation.

Mor Assia and Shelly Hod Moyal raise $70 million for second iAngels fund. The fund will invest in early-stage startups, with investments ranging between $2-4 million for Seed rounds.

“It felt like a betrayal”: South African Jews caught in the crossfire amid South Africa’s genocide suit. CTech spoke to South African immigrants about South Africa’s ongoing genocide suit against Israel, how it has impacted the Jewish community, and the domestic political and foreign policy interests driving the country's policy towards Israel.

“We could very quickly find ourselves in a world where reality is controlled by tech corporations.” Augmented reality is like magic that offers endless options. But for Apple, which recently launched the Vision Pro, this is just another avenue to extract more and more information from us. And if we are not careful, explains AR expert Shay Segal, "we could lose touch with reality."

2024 is the time for “cautious optimism”, says Firstime Ventures. The VC fund has joined CTech to discuss some of the ecosystem trends that investors can expect in 2024 and beyond.