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Foreign high-tech investments outdo Israeli investors
Israel Venture Capital Research Center finds foreign funds account for 52% of investments in Israeli affiliated companies in 2001
Israel's high-tech investment market does an about-face: According to Israel Venture Capital (IVC) Research Center, foreign investments funds accounted for 52% of first investments in Israeli or Israeli-affiliated companies.
Such companies made 73 deals with 23 foreign investments funds, while the rest of the deals were made with Israeli funds.
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In 2010, foreign investors accounted for only 31% of Israel's high-tech investments.
Foreign VC fund Innovation Endeavors, owned by Google's Eric Schmidt, was the most active fund in Israel during 2011, with eight first technology investments compared with seven by JVP, Pitango Venture Capital and Sequoia Capital Israel.
Giza Venture Capital and Bessemer Venture Partners ranked third with six deals each.
Horizons Ventures, owned by billionaire Li Ka Shing, tied for fourth place with Access Medical and CP Lantern with five investments each. Six foreign investment funds ranked in the top four funds, compared with only two foreign funds in 2010.
In 2011, foreign investors made 21 seed-stage deals – approximately 40% of all high tech investments - compared with only four seed-stage deals in 2010.
Internet companies elicited the largest number of foreign investments with 27 deals (37%) of first foreign investments in 2011, followed by software companies which reached 23 deals (32%).
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