{"id":8003,"date":"2024-03-20T09:37:22","date_gmt":"2024-03-20T09:37:22","guid":{"rendered":"https:\/\/innovationisrael.org.il\/en\/?post_type=press_release&p=8003"},"modified":"2024-03-20T14:19:18","modified_gmt":"2024-03-20T14:19:18","slug":"2023-ivc-investor-report","status":"publish","type":"press_release","link":"https:\/\/innovationisrael.org.il\/en\/press_release\/2023-ivc-investor-report\/","title":{"rendered":"VC Funds Capital Raising Plummets: 73% Decrease Marks Lowest Amount Since 2015"},"content":{"rendered":"\n
The report analyzes fundraising and investment activity by Israeli VCs, the availability of capital for local tech ventures (Dry Powder), foreign VC funds, Israeli and foreign corporate VC funds, and Israeli institutional investors.<\/p>\n\n\n\n
The Israeli VC ecosystem includes 226 active VC management companies (MCs). The largest 24 Israeli MCs, each with over $500m under management, have an estimated total of over $29 billion under management<\/p>\n\n\n\n
Dror Bin, CEO of the Israel Innovation Authority,<\/strong> said: “Following the report’s findings and the market’s negative trends in 2023, the Innovation Authority implemented strategic initiatives to boost available capital. Notably, the Fast-Track program injected NIS 400 million into companies with significant business and technological assets and limited runway. The recently launched Start-up Fund plans to conduct 100 funding rounds for Pre-Seed, Seed, and Round A companies, investing approximately NIS 500 million. In the near future, we also plan to launch the Yozma 2.0 Fund, which will engage Israeli institutional investors and incentivize them to increase their investments into Israeli Venture Funds to an overall investment of NIS 4 billion within 2024-25.”<\/cite><\/blockquote>\n\n\n\n<\/div>\n\n\n\nIsraeli VC Fund Capital Raising<\/span><\/p>\n\n\n\n
Israeli VC fundraising suffered a notable decline in 2023. Just 21 Israeli VC funds succeeded in raising a mere $1.52 billion in total, a 66% fall in the number of funds and a 74% drop in capital volume compared to 2022. The amount was the lowest since 2015, while the number of funds aligned with 2015 and 2017.<\/p>\n\n\n\n
Three VC funds accounted for 51% of the total capital, raising over $200m each: Qumra Capital IV, TLV Partners V, and Viola Growth IV.<\/p>\n\n\n\n
<\/div>\n\n\n\nInfo 1 – Israeli VC Funds Capital Raising by Vintage Year ($m) | 2015 \u2013 2023<\/em><\/strong><\/h5>\n\n\n\n