A Year Since October 7: A Situation Report on the Israeli High-Tech Sector

A year after the beginning of the ‘Swords of Iron’ War on October 7, 2023, the Innovation Authority is publishing a situation report aimed at examining the war’s ramifications on Israeli high-tech. As a sector that is based predominately on foreign players, high-tech is currently contending with a sensitive situation where the risk and uncertainty […]

High-Tech Employment Data

Employees: Stagnation in High-Tech Employment Over the Past Two Years In terms of the Israeli economy, high-tech’s significant contribution to the economy depends on employment in the sector. The changes related to this metric are therefore fundamental for the future of the economy. Between 2012-2022, high-tech doubled in size in terms of employees whose numbers […]

High-Tech Investments Data

No Significant Change in Startups’ Fundraising During the War A further metric that reflects the state of the high-tech sector is the capital raised by startups – capital that is used to hire new employees and to expand the business activity of the companies’ future generations. The total capital raised by technology companies in Israel […]

Conclusion and Recommendations

A year after October 7, 2023, it is clear that despite the difficult year experienced by the entire Israeli economy, the high-tech sector has demonstrated resilience. The sector’s strength is expressed by the fact that it was the fourth largest global hub in terms of capital raised since the onset of the war. At the […]