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Israeli venture capital investment rises 31 per cent in first quarter of 2004

5 May 2004

In the first quarter of 2004, 111 Israeli high-tech companies raised $323m from venture investors. This represents a 31 per cent increase from the $246m raised by 96 companies in the previous quarter and a 53 per cent increase from the $211m raised by 86 companies in the first quarter of 2003, according to a survey conducted by the Israel Venture Capital Research Centre.

 

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