Israel private capital 2020 — Report

The story was originally published on VC Cafe

Pitchbook Data released a new report on the state of Private Capital in Israel 2020, covering private equity and venture capital. I’ll focus on VC only here as it’s the core focus of this blog.

In 2010, VC funds in Israel had over $10 billion of assets under management, by 2017, that number had grown to over $36 billion. The growth is underpinned in part by the availability of Israeli banks’ networks, the lack of a central bank to act as a regulator and the fact that the government can provide tax breaks for VC funding.

• Israel based startups raised $4.1 billion of VC funding in 2019
• VC deals with US investor participation accrued a record $3.2 billion in 2019 and are pacing for a high showing in 2020 as well.
• Israel VC deal activity with CVC participation has also progressed in the last four years, with deals accumulating $2.4 billion in 2019 and $1.5 billion in H1 2020.
• Mobility, Cybersecurity and health have seen a number mega rounds and acquisitions in the last two years
• Israel enjoyed a bumper year in 2019, with exits totalling a record $4.1 billion.