Feb 2024 | 100 Days After: What's happening in Israel's startup ecosystem?
Hi LinkedIn friends,
The?7th Oct attacks in Israel saw over 10% of Israel's population drafted in the wake of the attacks, with impact on Israel's tech sector and startup ecosystem.
100 days later, in a?video interview with Vertex Ventures Israel General Partner Yanai Oron , Yanai shares more on the initial struggle for early-stage companies with the mobilisation but also?stories of solidarity from the?Israeli tech sector in utilising tech for relief support.
While investment levels in Israel have since returned to 2018-2019 levels with startups having a strong past quarter, reaffirming investor interest in the Startup Nation, Yanai cautions that less Israel startups were started?in the last 2 years and would be a dampener on recovery in 2024. He, however likens Israel's?startup ecosystem to a "coiled spring", and expects a surge in startup activity in 2025.??
Want to find out what our Vertex portfolio companies have been up to? Read the full list of news?here.??
Portfolio Highlights
Evisort (US)?announced the release of Document X-Ray? to provide organizations unprecedented visibility into their agreements
Ask-AI (IL)?secured a ?USD11M Series A round and announced the launch of their Generative AI assistant
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Watch: China's push for semiconductor self-reliance
China is the world's largest consumer of semiconductors, but while it consumes around 40% of worldwide chip sales, it imports around 90% of its semiconductor requirements.?
As the race towards building China's self-reliance heats up, Vertex Ventures China Managing Partner Zhijin Xia and General Partner Li Wei shares on opportunities in the China semiconductor market and the need to move beyond "domestic replacement" concepts to building the next generation of semiconductors.
Thoughts,?an interesting story to share or want to get connected?
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1 年Keeping the focus on the national interest , Singapore keeps its eye fixed firmly on business, unlike Anthony Albanese and Penny Wong who seem to be concerned with anything but Australia's national interest. 100 Days After: What's happening in Israel's startup ecosystem? https://www.dhirubhai.net/posts/ganesh-sahathevan-5930854_keeping-the-focus-on-the-national-interest-activity-7163702544660193282-R5hj?utm_source=share&utm_medium=member_desktop