Israeli VC funds expected to reach $1.6 bln in 2017, says IVC data

Israeli vintage-2016 venture funds raised $1.4 billion and are expected to raise another $200 million in 2017, which would put the total for the vintage year 6.7 percent above vintage 2015. In 2016, 23 venture funds raised money compared with 19 in vintage 2015, the IVC Research Center, the trade group for the Israeli VC industry, said in a report.