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Tel Aviv is ranked the seventh best tech ecosystem for startups, according to US research firm Startup Genome.
“Israel has more start-ups per capita than any other country in the world, thanks to a close-knit entrepreneurial community, impressive R&D capabilities, an educated population, and strong government support,” Startup Genome noted.
< br /> Since the last report, – The Tel Aviv ecosystem has reached a value of $120 billion, has completed three $1 billion listings, and its startups have raised an all-time high $20 billion.
According to Startup Genome, in 2021 companies cybersecurity firms raised $8.8 billion, three times more than the previous year.
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