IsraelIsrael

The first quarter of 2010 saw 91 Israeli high-tech companies raise $234 million, the lowest quarterly amount for five years.

In 2009, 447 Israeli high-tech companies raised $1.12 billion from local and foreign venture investors, 46 per cent below 2008 levels.

In the second quarter of 2008, 115 Israeli high-tech companies raised 17 per cent less than in the same period last year.

High tech VC funding in Israel reached $617 million in the first quarter of 2008, the highest level for seven years,the IVC Research Center of Tel Aviv.