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Q3 Israel MoneyTree Report

There was little change in the levels of investment in high-tech venture-backed companies in the third quarter, according to the Kesselman & Kesselman Pricewaterhouse Coopers Israel MoneyTree survey. But local venture capital funds spent less in Q3 compared to Q2, both in absolute terms and in relative weight – 48 per cent ($106m) as opposed to 52 per cent ($112m).

Venture capital funds are still focusing on their existing portfolio companies, said Joseph Fellus of Kesselman & Kesselman Pricewaterhouse Coopers. There was a 79 per cent drop in investment in Israeli venture-backed high-tech companies compared to the peak quarter - Q3 2000.

Click here to view survey (pdf 119kb)

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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