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IVC quarterly survey30/07/2002. Source: IVC Research Centre. 
Venture investments in Israeli high tech companies fell again on the quarter and are now significantly beneath year-ago levels. Figures from IVC Research Centre reflect the continued decline in technology financing worldwide, compounded by Israel's unstable political climate.
Venture investments in high tech companies totalled $291m in the second quarter compared to $376m in the first quarter, a decline of some 23 per cent. There were 91 financings, up from 80 in the first quarter but down from the 135 seen this time last year. The strongest performing sector was biotechnology which reported an increase in funding to $16m from $2m last quarter.
Copyright © 2002 IVC Research Centre
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The IVC Research Centre is Israel's leading research centre specialising in analysis and monitoring of Israel's high-tech and venture capital industries. IVC's publications are used by major financial entities and government organizations in Israel and abroad. A comprehensive quarterly report based on survey results is available to IVC clients. For more details about VCs & High-Tech industry in Israel, please visit our website www.ivc-online.com or contact Koby Simana Tel: 972-3-640-2306. koby@ivc-online.com

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