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Today: September 20, 2024
September 10, 2024
1 min read

Exploring Israel’s Web3 Scene: 100 Startups, $45B Funding



TLDR:

– Israel has a thriving Web3 ecosystem with 100 startups and $4.5 billion in funding.

– Israeli entrepreneurs have been at the forefront of Web3 innovation, leveraging the country’s robust tech ecosystem.

Israel’s Web3 ecosystem has experienced explosive growth over the past decade, with venture capital funding reaching $100 billion globally. Israeli entrepreneurs have firmly established themselves as leaders in the tech ecosystem, with over 80 unicorns and an enterprise value exceeding $450 billion. The Israeli Web3 ecosystem comprises more than 100 startups in 12 sectors, reflecting the multifaceted nature of Web3 technology. Categories range from Blockchain & Infrastructure to NFTs to Real-World Assets. Israeli startups have made significant strides in areas such as cybersecurity, infrastructure, and cross-border payments, showcasing their innovation and impact on the global Web3 landscape. The future of the Israeli Web3 ecosystem looks promising, with expectations of continued growth, increased funding, and the emergence of new ventures.


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