Tel Aviv thrives on a spirit of innovation driven by a bold entrepreneurial culture, unparalleled tech expertise, and a close-knit community that embraces breakthrough thinking.
Tel Aviv’s VC scene is marked by a high concentration of seasoned investors, strong international connections, and a proactive approach to funding for early-stage innovation. In 2024, Israeli startup companies raised $12.2B collectively, a 31% increase over the previous year. Corporate-backed funding made up 24% of all investments and 83% of the city’s startups received investment from corporate partners, reflecting a growing synergy between multinational companies and the local startup community. In 2024, early-stage investments by angels doubled in Israel. In April 2025, early-stage VC firm TBD VC announced a $35M fund to back Deep Tech Israeli founders at the pre-seed and seed stages.
Innovation is a key driver of Tel Aviv’s startup ecosystem, and its robust support infrastructure offers entrepreneurs and ecosystem players the tools to adapt, grow, and create solutions that meet evolving market needs across sectors. The Tel Aviv Sparks Innovation Summit was held in March 2025 with a focus on technological innovation. In November 2024, onshore wave energy technology company Eco Wave Power announced it would launch Israel’s first pilot station for generating electricity from sea waves at Tel Aviv’s Jaffa Port. Quantum Machines opened The Quantum Computing Center, a world-class research facility supporting quantum innovation, in 2024. The company raised a $170M Series C in March 2025.
Tel Aviv Tech, an initiative by the Tel Aviv-Yafo Municipality, functions as a central hub and dedicated resource center designed to cultivate and accelerate the city's vibrant technology ecosystem. Its work encompasses a range of activities focused on empowering entrepreneurs, fostering the growth of startups, and supporting established tech companies within Tel Aviv.
