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Israeli startups raised $550m in May

Investment in Israeli privately-held tech companies amounted to just $2.7 billion in the first five months of 2023.

Startup Nation Israel hopes to ride out storm

Jaffa, Israel (AFP) May 19, 2023 - The global economic slowdown and domestic political turmoil have not impaired the long-term prospects of Israel s vaunted hi-tech industry, officials and insiders say, despite a recent decline in hiring in the sector.

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