In 2024, Israeli startups experienced a notable increase in fundraising, with total investments reaching $12.2 billion, marking a 31% rise from the previous year. This growth occurred despite ongoing challenges, including the war against Hamas. The cybersecurity sector was particularly robust, exemplified by Orchid Security, which raised $36 million in seed funding led by Team8 and Intel Capital. The overall tech investment landscape in Israel showed resilience, with a reported 28% increase in funding to $10.6 billion, driven by established firms and a focus on cybersecurity and defense technology. Reports indicate that the influx of investment has positively impacted Israel's economy, reinforcing its status as a global leader in technology innovation.