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Q2 Israel MoneyTree Report

Venture capital funds increased their share of total investment in Israeli high-tech companies in Q2 2002 – up to 52 per cent as opposed to 35 per cent in the previous quarter, according to the Kesselman & Kesselman Pricewaterhouse Coopers MoneyTree survey. However there was a decrease of 37 per cent in the volume of venture investments on the previous quarter, to $217m.

There was also a continuation of the decrease in seed-stage investment in Q2 2002, while early-stage financings increased marginally.
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Copyright © 2002 PricewaterhouseCoopers

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For further information please contact Adi Bengal, The Israeli MoneyTree Project Manager, Kesselman & Kesselman PricewaterhouseCoopers(Isr.), Trade Tower, 25 Hamered Street, Tel Aviv 68125, Israel, Tel: 972-3-7954619, E-mail: adi.bengal@il.pwcglobal.com