2021 was a Great Year for Israeli Tech

Viola Group, a leading Israeli VC, compiled a report showing Israel’s tech ecosystem successes in 2021. We break down the highlights and add some thoughts here!

As we reflect back on an exciting 2021, it’s clear to see that it was a record-breaking year for Israel and its startup and tech industry. Viola Group’s 2021 End of Year Report highlights some of the achievements of Israel’s tech ecosystem. 

Billions in Tech Funding

The investment stream in Israeli tech companies was as high as always in the beginning of 2021. In 2020 (the first year of COVID-19 impact), the total investment in Israeli startups and scaleups was $10.3Bn, while the first three quarters of 2021 alone accumulated $18.9Bn in investments. However, in the final quarter of 2021, Israel startups pushed their funding rounds to the limit, obtaining US$8.1Bn more, and brought 2021 to a strong finish with a total investment amount of US$27Bn, more than double that of 2020!

The leading sectors in funding were Cyber/Security and FinTech, making up 42% of the total funding. Next in line were IT/DevOps (9.5%) and RetailTech (7.7%).

A Unicorn Zoo

A “unicorn” is tech slang for a startup whose valuation is over $1 billion. Israel, the Startup Nation, is one of the unicorn capitals of the world. In 2021 alone, 48 new unicorns emerged in Israel. Israel, a country of 9 million people, has surpassed much larger countries, such as the United Kingdom, India, and China! If you think about it, Israel now also has the world’s highest unicorn per capita ratio!

Source: Viola Group

M&A and IPOs

Israel’s tech ecosystems bounced back from a challenging year in 2020, with more mergers and acquisitions (M&A) and initial public offerings (IPOs). 153 M&As occurred in 2021, with startups such as Guardicore (cybersecurity), Chorus (Sales AI), and Epsagon (application monitoring) being acquired for over US$500M each. 

Israeli companies led 25 IPOs in stock exchanges (mostly NASDAQ and NYSE), which had a combined market cap of US$84Bn, 9 times higher than 2020! Among the startups that IPOed are known brands and tools such as ironSource, SentinelOne, and monday.com.

 

Some of the top Israeli IPOs of 2021 (Source: NoCamels)

Israel is Technology 

Israel has been a force in the global technology space for many decades, and 2021 has signified its increasing strength. The technology expertise, entrepreneurial mindset, and constant innovation coming out of Israel make it a guiding light for tech ecosystems and startups across the world. 

With Wawiwa Tech, you can bring the Israeli tech know-how to your ecosystem. We work with partners around the world to open tech training centers and offer tech training programs that reskill and upskill people to tech professions in high demand, including Software Developers, Cybersecurity Analysts, and many more. 

We would help you implement training methodologies, developed and perfected in Israel over the past few decades, to reskill people with no experience into tech jobs in a matter of months. Together, we can help you play an active role in reskilling your local ecosystem to tech and closing the tech skills shortage in your country!

You can read more insights about the Israeli tech ecosystem in 2021 in the Viola report:
https://www.viola-group.com/violanotes/breaking-records-in-a-records-break-year/

Partner with Wawiwa to offer tech training programs in less than 6 months!

Wawiwa bridges the tech skills gap by reskilling people for tech professions in high demand. There are millions of tech vacancies and not enough tech professionals with the relevant knowledge and skills to fill them. What the industry needs of employees is not taught in long academic degrees. Wawiwa helps partners around the world to reskill, and upskill people for tech jobs through local tech training centers or programs. The company utilizes a proven training methodology, cutting-edge content, digital platforms for learning and assessment, and strong industry relations, to deliver training programs that result in higher employability and graduate satisfaction. This, in turn, also creates a strong training brand and a sustainable business for Wawiwa’s partners.
ipo, israel, know-how, m&a, startups, tech jobs, tech startup, tech training

Share post

Recent posts

Learning

Understanding Accreditation in Tech Training: Insights by Nofar Lupo, Wawiwa’s Customer Success Manager

Get an inside look at how Wawiwa is transforming the accreditation process for tech education. In our exclusive interview with Nofar Lupo, Wawiwa’s Customer Success Manager, we dive into the challenges and triumphs of achieving accreditation across the globe. Discover how Wawiwa’s hands-on approach ensures that its partners deliver top-tier, industry-relevant programs that stand out in local markets. Learn the secrets behind making accreditation smoother, faster, and more effective, giving students and employers confidence in the value of their education.

Read More »
OPM Market Trends
OPM

Online Program Management (OPM) Market Trends in 2024

The Online Program Management (OPM) market in 2024 is buzzing with change—new trends, uncertainties, as well as opportunities. As universities adjust to shifting demands, the role of OPM providers is more important than ever. Read this blog to understand what’s driving the OPM market in 2024, the bumps in the road, and why this model might just work for you.

Read More »
It's Time to Quit Your Job
Reskilling

It’s Time to Quit Your Job

Do you dread Monday mornings? Do you feel stuck in a job that no longer excites you? Are you dreaming about doing something different but aren’t sure where to start? If you answered “yes” to one or more of these questions, it might be time to consider a change. Individuals are expected to change careers 5 to 7 times in their working lives, so if you’re feeling the itch to move on, you’re definitely not alone. This blog explores why career change isn’t as risky as you think, how you can still leverage your existing skills in a new field, the long-term benefits of career switching, and why it’s never too late to reskill or upskill.

Read More »