News & Insights
Blumberg Capital portfolio news, startup growth resources and industry insights
Tel Aviv is the city with the highest number of startups per capita in the world, according to the 2018 Global Startup Ecosystem report — more than 6,000, of which 18 are unicorns. The city’s tech cluster, dubbed Silicon Wadi, is home to more than 100 venture capital funds, plus hundreds of accelerators and co-working places. “Tel Aviv is transitioning from startup nation to scale-up nation,” says Eyal Gura, co-founder of Zebra Medical Vision. Amit Gilon, an investor at Kaedan Capital VC fund, agrees – adding that Israel is not just about successful B2B companies anymore, such as Checkpoint, Nice and Amdocs, but also about “big B2C success stories like Playtika, Wix, Fiverr and others”.