Resource Shelf posted PWC‘s latest report on High Tech Investment in Israel. According to the MoneyTree report, compiled by Kesselman & Kesselman (PricewaterhouseCoopers) , venture-backed hi-tech companies raised approximately $319 during Q2 of 2007, merely 6% higher than the comparable period last year.
Other interesting facts from the report:
- The average investment per company was $4 million this quarter compared to $3.8 million in the previous quarter.
- $626 million were invested in 161 high-tech companies in the first half of 2007
- The Communications & Networking sector maintained its lead, with 26 companies raising
approximately $133 million, representing approximately 42% of total investments for the quarter, thelargest share of the total investment in the last three years.
Co Founder and Managing Partner at Remagine Ventures
Eze Vidra is the founder of VC Cafe and the co-founder and managing partner of Remagine Ventures, a pre-seed fund investing in ambitious founders at the intersection of AI, technology, entertainment, gaming, and commerce with a spotlight on Israel.
He is a former General Partner at Google Ventures (GV) in Europe, former head of Google for Entrepreneurs in Europe, and founding head of Campus London, Google's first startup hub. Eze writes on Israeli tech, venture capital, artificial intelligence, and founder strategy.
He is also the founder of Techbikers, a nonprofit that brings together the startup ecosystem on cycling challenges in support of Room to Read.
He is a former General Partner at Google Ventures (GV) in Europe, former head of Google for Entrepreneurs in Europe, and founding head of Campus London, Google's first startup hub. Eze writes on Israeli tech, venture capital, artificial intelligence, and founder strategy.
He is also the founder of Techbikers, a nonprofit that brings together the startup ecosystem on cycling challenges in support of Room to Read.
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