One of the best places for a new tech startup is in Israel as these startups have gained massive amounts of traction and funding in the past few years. 57 Israeli companies went public in 2021 and raised over $4 billion – nearly 3 times the $1.7 billion raised by IPOs in 2020. Israeli cybersecurity startups $8.8 billion in 2021 alone, more than tripling the year before. Israel invests 4.1% of its GDP into R&D which is more than 2 times the OECD average, putting it at number 2 in the world for R&D expenditure per capita. Israeli startups are commonly driven forward by attention from tech giants such as Google, Apple, and Microsoft, as well as government grants and programs.
Learn more about how Israel is one of the best places to be a startup nation for success here