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Israeli high-tech companies raise $617m in Q1 2008

29 Apr 2008

In the first quarter of this year 135 Israeli high-tech companies raised $617m from venture investors, the highest amount in seven years, according to a quarterly survey from the IVC Research Center. The capital raised in the quarter was 52 per cent above that raised by 121 companies in the first quarter of 2007, and 23 per cent above the previous quarter's amount raised by 115 companies.

 

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