Startup Financing Status (April 2019)
(Source) JETRO created based on GLOBES ‘Startup Nation Central
Israel: Increased Startup Procurement-IVC Research Center
Tel Aviv
May 10, 2019
Israel Venture Capital (IVC) Research Center:
Total funding for Israeli startups (4 months) reached $ 2.3 billion, a record high.
It is growing faster than $ 6.4 billion in 2018.
April amount: $ 750 million
In particular, the amount raised in April reached $ 750 million (Israel economic newspaper Groves)
Of the amount procured in April, $ 600 million was for large projects for nine companies.
Lemonade Insurance: (Attachment)
Lemonard Insurance offers cheap home insurance in the United States based on AI and behavioral economics.
Sourcing $ 300 million in Series D rounds from Softbank Group, Allianz, and Our Cloud.
The remaining eight companies are as attached.
Israel: Number of startups opened
The number of startups in Israel in 2018 was 356 companies, 26% of the peak (2014, 1,366 companies).
However, the total procurement amount is increasing.
Of the nine mentioned above, six are in series C and subsequent investment rounds.
Both have bases in the United States and are developing their business in earnest.
-JETRO
https://www.jetro.go.jp/biznews/2019/05/9c08b9278af0dd5c.html