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Looking back at May: For the 3rd month in a row, Israeli startups raise $2B
While the Israeli startup ecosystem continued to hold the funding bar above $2B, last month's big story centered around M&A activity
Oshry Alkeslasi
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1 Jun 2021
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4 min read
Following two record-breaking months, where Israeli startups raised $2.7 billion and $2.3 billion respectively, the “dip” has come. Kind of. In May, the startups secured just $2 billion in funding, covering 41 total deals. This may be a drop off compared to previous months - but still keeping up the record-setting average for the ecosystem.
Startup exits making a major comeback