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PWC Shows Sharp Rise in Israeli Start-up Investment

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Thursday, August 26th, 2010

Kesselman and Kesselman PricewaterhouseCoopers in a recent report shows investments in Israeli start-ups rose 21% from the first quarter to $206 million in the second quarter of 2010, and 27% from the corresponding quarter of 2009.

For the first half of 2010, total investments in Israeli start-ups amounted to $376 million, slightly above the $356 million invested in start-ups in the first half of 2009.

The upward trend was led by the medical devices and biotech sectors, while investments in Internet start-ups bounced back to the levels of recent years after low levels of investment in the first quarter of 2010. The data reflects the highest level of investment since 2004 in the life science section, which combines medical devices and biotechnology.