Investments by European companies in Israeli startups last year totaled $1.66 billion last year, or about 10% of the total funds raised, research company IVC said.

The company added that there were 239 transactions involving European money and the funds raised by Israeli startups in 2022 from European sources made up about 10% of the total funds.

Furthermore, 2021 was the peak year in fundraising from Europe, according to the company, with investments that year totaling $2.141 billion. Although fundraising from Europe decreased in 2022, the average investment by European entities increased by 55% from $3 million per investment in 2018 to $4.65 million in 2022.

9 Israeli startups were purchased last year by European entities for a total of $2.336 billion, compared to 29 purchases in 2021 for a total of $2.131 billion.

Read the full story here

Subscribe to start receiving FREE TORCH magazines from CUFI UK

This year, we want to do more to bless Israel and the Jewish people.

We know that as we bless Israel this year, God will bless us, just as He promised in Genesis 12:3, “I will bless those who bless you, and whoever curses you I will curse; and all peoples on earth will be blessed through you.” Now is the time to bless Israel and the Jewish people.

Related Articles:

The illusion of the Palestinian cause

British journalist Melanie Phillips said some profound and provocative statements in an interview with Sky News Australia last month, and we thought it was worth raising the...

Disgraced BBC sinks to new low with Hamas propaganda paid for by you

The BBC deliberately mistranslated words like ‘Jihad’ and replaced ‘Jews’ with ‘Israel’ to conceal the antisemitism.The documentary’s cameraman was a supporter of Hamas.£400,000 of...

Only the God of Israel can defeat the evil of Hamas

We often think of 7 October as the moment Hamas unleashed evil on Israel. In reality, 7 October was the catalyst for antisemitic hatred to be unleashed on the world. This evil must be...

Never trust terrorists and the consequence of mocking Israel

Never trust what Hamas tells you. If only the west had learned this sooner.In mocking Israel, they in fact defied the God of Israel. The shocking discovery that Hamas had returned the...

We cannot honour Holocaust victims without defending living Jews

We want to highlight a speech made by Conservative peer Lord Wolfson on Holocaust commemoration. He made three key points, but we believe there are four important takeaways. 1. The Holocaust was no...