The last three days alone – from March 14th to March 16th – prove once again that the left-wing propaganda against the Israeli economy has neither foundation nor effect. Despite the tense global economic situation and collapsing major banks (SVB, Signature and Credit Suisse), Israeli companies are able to assert themselves.
The news that VonNaftali got on the table on the last days alone proves an incredible success story In total, the high-tech industry was able to raise around $431 million in capital. The markets trust Israel.
Let’s go into some details:
The AI auto-insurance co Fairmatic raised $46 million
Ormat Technologies raised $300 million on the NYSE
ProtAI raised $20 million
Minerva Labs is being acquired by Rapid7 for $45 million
HUB Cybersecurity Company raised $20 million.
What more is there to say! Israel’s high-tech industry is robust, yes, the situation is tense. However, this tense situation has global causes and has absolutely nothing to do with the planned judicial reform. Rather, the hate and hate propaganda of the global left can cause problems for Israel’s economy. So far, the left has not succeeded. And that’s good.
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