Early insights from the IVC and LeumiTech Q4/2025 Tech Review point to a strong year for Israeli tech, reflected in both capital raising activity and exit volumes.In 2025, Israeli technology companies raised $11.1 billion across 418 rounds, a 15% increase in total capital raised compared with 2024, though a 9% decline in the number of rounds. In Q4, capital raising totaled $3.43 billion, up 45% from Q3 and 37% compared with Q4 2024.Exit activity reached high levels, generating $17.7 billion through 180 M&As and IPOs. In addition, transactions announced but not yet closed are expected to add approximately $63 billion in the coming months, including several large-scale deals.Cyber and Generative AI companies continued to dominate activity in 2025. Around 40% of all transactions involved companies in these sectors, which together accounted for approximately 70% of total capital raised during the year.IVC and LeumiTech will publish the full Tech Review in January 2026.