2020 was a banner year for Tel Aviv’s innovation ecosystem Despite the pandemic, Israel’s high-tech center achieved record highs in terms of investment and exits. View of the Tel Aviv Stock Exchange. November 29, 2020. Photo by Miriam Alster/FLASH90 The world-leading high-tech ecosystem in Tel Aviv experienced significant growth in 2020 despite the pandemic, according to a report from the Tel Aviv-Yafo Municipality’s Center for Economic & Social Research, Tel Aviv Global & Tourism, and IVC Research Center. Tel Aviv hosts 2,865 tech companies, including 115 R&D centers of multinational corporations. During the past five years, the number of tech companies active in Tel Aviv grew by 25% compared to a 16% increase across Israel.