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Source: https://www.al-monitor.com/originals/2023/03/report-israel-tech-sector-still-among-worlds-strongest
Israel Tech Sector Still among World's Strongest
(Al-Monitor) Tel Aviv ranked third in the Europe-Middle East-Africa (EMEA) region for venture capital investment in 2022 with $6.9 billion, behind London with $20.5 billion and Paris with $11.1 billion, according to a report released Tuesday by Amsterdam-based Dealroom.co and Tel Aviv Tech, an initiative from the Tel Aviv mayor's office. In 2022, the total value of companies in Tel Aviv's tech sector reached $393 billion, up from $113 billion in 2018. 19.2% of venture capital investment in the city went to cybersecurity in 2022, followed by health (10.7%) and fintech (5.6%).