According to preliminary figures from the IVC & LeumiTech Q3/2025 Tech Review, Israeli tech companies raised $2.23 billion across 116 funding rounds in the third quarter of 2025.Two large-scale deals, each over $100 million, contributed a combined $210 million, roughly 10% of the total capital raised. When excluding rounds above $200 million, Q3/2025 recorded the highest fundraising volume since early 2023, reflecting a 20% increase over Q2/2025 and a 50% jump compared to the same period last year. However, when considering the total amount of $2.23B raised in Q3/2025, so far this quarter represents a 24% drop from the previous quarter and a 10% decline compared with Q3/2024.Cybersecurity and Generative AI companies attracted the bulk of funding, with 41 deals capturing nearly 60% of all capital.Another notable trend in 2025 has been the rise of follow-on investments, which have outpaced new investments. Venture capital investors are demonstrating sustained support for portfolio companies while showing caution in initiating new deals.The full IVC & LeumiTech Tech Review report will be published in October.