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The Year Of The Pivot: 14 Israeli Startups That Thrived During COVID-19


The Year Of The Pivot: 14 Israeli Startups That Thrived During COVID-19
Tech & Innovation
The Flytrex drone carries its delivery across the sky. Courtesy
If for most of us 2020 has been a year of hunkering down and altering the way we lead our social interactions, work, leisure and education; for many startups too, 2020 has been the year of the pivot. While startups are generally known for their regular pivoting, or changing of direction, this was a new kind of pivot – one that was based on developing new technologies at record speed to stem the spread of the novel coronavirus or adapt to the rapidly changing tech landscape. ....

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Why Did Israeli Firms Win Record Investments in COVID-19 Year? – The Wilmington Journal


2020 began under the shadow of a coming pandemic that would soon wreak havoc on worldwide health and finances.
Yet despite rising unemployment and a decline in early-stage financing, a year-end report from non-profit organization Start-Up Nation Central shows 2020 broke capital-raising records in Israel.
“As of the beginning of December 2020, Israeli companies raised $9.5 billion in capital, and 2020 is on course to becoming the first year in which capital raised by Israeli companies will cross the $10 billion threshold,” the report from the Tel Aviv organization stated.
Investments in Israeli companies more than tripled in six years, and capital raised in 2020 increased more than 20% year-over-year. ....

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