Only 30 deals. No mega rounds above $100 million. No new Unicorns. Only one Cybersecurity startup. Seems like someone hit the Reset button.
We’ve had several optimistic months, despite the rumors about a crisis and slowing down, but now it seems that the inflation and the overall situation in the market have reached Israel, too. Hundreds of employees were laid off from dozens of companies- some of which have shut down entirely- and even the numbers show: only $695 million were raised this month by 32 companies (that we know of).