Israel as the second Silicon Valley

In Israel, there were 13 unicorns, or private companies with a valuation of at least $1 billion, as of June 6, compared with just one five years ago, according to PitchBook Data. Much of the investment has come from the U.S. Private firms have attracted $15.1 billion in new funding up to Aug. 4 this year, compared with $10.7 billion for all of 2020, as the pandemic accelerated the shift to digital services, according to Start-Up Nation Central

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