<article>Israeli private high-tech companies raised a record $3.2 billion in the first half of 2018, up 37 percent from a year earlier, the Israel Venture Capital Research Center and ZAG law firm said on Tuesday.</article>

Israeli private high-tech companies raised a record $3.2 billion in the first half of 2018, up 37 percent from a year earlier, the Israel Venture Capital Research Center and ZAG law firm said on Tuesday.
In the second quarter high-tech firms raised $1.61 billion, including $300 million raised by Landa Digital Printing from private investment firm SKion GmbH and German specialty chemicals group Altana. This compares with $1.58 billion in the first quarter and $1.27 billion a year earlier, the IVC-Zag report showed.
Zag managing partner Shmulik Zysman said capital raised from foreign investors was growing, &#8220;due to an increase in investments from China, as well as from European investors who are interested, among other things, in automotive technology&#8221;.
This trend is expected to continue, he said.
Software companies raised the most funds in the second quarter with $584 million. Artificial intelligence companies raised $426 million.
<h4>Reuters</h4>

Israel tech firms raise record $3.2b in 1st half due to rise in investments from China

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Israel tech firms raise record $3.2b in 1st half due to rise in investments from China

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