Startups have surpassed the $4.8 billion raised in 2016, which was itself a record.
As reported in Globes:
After raising $550 million in October and $300 million in November, Israeli startups have raised about $500 million in December.
The trend by which fewer startups are raising more money was again evident in December, with three startups raising over 60% of the funds. Medical device company Insightec raised $150 million, online insurance company Lemonade raised $120 million and 3D imaging company Vayyar Imaging raised $45 million.