Israeli tech companies headed into another tough year
Don’t expect Gulf investors to pick up the slack for Israeli businesses burning through their cash, says Avi Hasson, CEO of Start-Up Nation Central
Amos Ben Gershom/GPO
Start-Up Nation Central CEO Avi Hasson (left) with Israeli President Isaac Herzog and UAE Ambassador to Israel Mohamed Al Khaja in UAE in February 2022
After a painful year for Israel’s startups, 2023 won’t bring much relief, and salvation is unlikely to come from Gulf investors, Israeli tech industry leader Avi Hasson said.Israeli technology companies attracted $15.5 billion in investment last year, down 43% ...