Skip to Content

Report says Israeli tech investments nearly halved in 2022


TEL AVIV, Israel (AP) — Investments in Israel’s tech sector dropped by nearly half in 2022, reflecting a global economic slowdown. That’s according to a report Tuesday by Startup Nation Central, a nonprofit organization that tracks the industry in Israel. The group’s analysis showed that the total value of investments in the industry sank from a record $27 billion in 2021 to about $15.5 billion last year, a trend not unique to Israel. Cyber firms suffered the toughest hit, with a funding decline of more than 60% between 2021 and last year. Other sectors that each suffered a decline in investment sank by about 42%, the study found.

Article Topic Follows: AP National

Jump to comments ↓

Associated Press


KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content