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AP National

Unshaken by COVID, Israeli tech sector posts strong year

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Published 10:18 AM

JERUSALEM (AP) — A new survey shows that Israeli technology companies once again thrived during the coronavirus pandemic last year. The survey by Start-Up Nation Central says Israeli tech companies raised $26.6 billion in investment in 2021. It says that is an all-time high and more than doubles its previous record set in 2020. The group says that cybersecurity led the sector, followed by enterprise and financial technology products. Start-Up Nation Central is a nonprofit that promotes the local technology sector. 

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