What Happened
Start-Ups Surge To $3 Billion In Funding Amid Global Crises
Israel’s defense-tech sector is experiencing rapid growth, with start-ups raising nearly $3 billion in funding in the first six months of 2026, triple the amount raised in all of 2025. The surge is driven by global crises, including conflicts in Ukraine, the Persian Gulf, Lebanon, and Gaza, and is supported by government bodies and established defense industries. According to Ilana Averkin, head of Defense-Tech at HiCenter Ventures, Israel is transforming from a ‘Cyber Nation’ to a ‘Defense-Tech Nation’. This was reported by The Jerusalem Post.