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Zenger
Zenger
World
Yulia Karra

High-Tech Companies In Israel Adapt And Raise Funds Amidst Gaza Conflict

 Israel’s tech sector expects to weather the storm of war. It seemed unbelievable that Israeli companies are raising money despite an unprecedented war. POPEL ARSEIY VIA SHUTTERSTOCK.COM

A few days into Israel’s war with Hamas in Gaza, a number of local high-tech companies announced they managed to clinch respectable sums in fundraising campaigns. 

It seemed unbelievable that Israeli companies are raising money despite an unprecedented war. Indeed, most of the announcements were misleading because they reflected the closing of funding rounds that were opened months before the war. 

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