A unique attitude to business and life enabled Israeli high-tech to reach new heights at a difficult time for the whole world.

By Jonathan Frenkel, courtesy of Israel 21c

We all know the reasons why Israel, the Startup Nation, has been able to go from strength to strength over the past decade: mandatory military service, the outsized influence of intelligence units such as 8200, world-class institutions of higher education, a lot of grit, and a propensity for taking risks.

While all those things may be true, I believe they paint only part of the picture.

How did Israeli tech do so well in 2021 during an ongoing pandemic, not just in money raised, but in the number of SPACs and IPOs last year?

As a briefer, by the numbers, Israeli companies raised close to $26 billion in 2021, with many 100-million-dollar mega funding rounds.

It is worth exploring why Israeli tech has reached this apex. I believe it comes down to more than the standard explanations. It is an attitude toward business and life.

The Startup Nation is a unique place created by a unique (and sometimes unfortunate) set of circumstances.

See more here: https://www.israel21c.org/how-did-israeli-tech-do-so-well-during-a-pandemic/

Photo Credit: Shutterstock

About Israel21c.org

ISRAEL21c is a non-partisan, nonprofit organisation and the publisher of an English-language online news magazine recognised as the single most diverse and reliable source of news and information about 21st century Israel.

Our website offers a vast resource of more than 10,000 originally researched and produced articles, videos, images and blogs by some of Israel’s leading journalists, uncovering the country’s rich and diverse culture, innovative spirit, wide-ranging contributions to humanity, and democratic civil society.

Every week we reach millions of people through our website, social media channels, and e-newsletter.

ISRAEL21c was founded in 2001, in the wake of the Second Intifada, to broaden public understanding of Israel beyond typical portrayals in the mainstream media.

The organisation’s founders – Israeli-American technology executives – understood the great power of the Internet and developed a first-of-its kind online product with global appeal and reach.

Since that time, ISRAEL21c has become synonymous with reliable, thoughtfully-written, and
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