Venture Capital in Israel Down 22% in Q4 2008

IVC Research Center has released the findings of their quarterly survey, summarizing Israeli capital raising in Q4 2008.  Israeli companies raised $394 million in the last quarter, a decline of 22% compared to the equivalent period in 2007. That said, 2008 was a record year for Israeli high tech capital raising, reaching a peak of $2.08 billion, an eight year record, second only to the peak of the first dot com bubble in 2000 which then reached $3.09 Billion.

Key messages from the report show good news and bad news:

ivc

To end on a positive note, Zeev Holtzman, Chairman of IVC Research Center and Giza Venture Capital, said:

2009 will be a tough year for all companies, yet Israeli high-tech industry will continue to be a highly abundant source of technology innovation.

The full report can be found at IVC Online.

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January 19, 2009 | Comments
Filed Under Israel, ivc, ivc online, venture capital

 

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