Abigail Klein Leichman
July 2, 2018

Israeli startups raised around $850 million in June, according to Globes, Israel’s financial daily, closing another solid month of fundraising.

So far this year Israeli start ups have raised an estimated $3.3 billion in the first six months of the year according to figures from IVC-ZAG and company press releases, and are on course to beat last year’s record of $5.24 billion, Globes reported.

This month’s biggest deal came on June 27, when Landa Digital Printing of Rehovot announced the completion of a $300 million equity financing led by two German firms owned by entrepreneur Susanne Klatten: private investment firm SKion and specialty chemicals group ALTANA, an already-existing shareholder. The latest investment is in addition to more than $400 million previously invested by founder Benny Landa and ALTANA in Landa Digital Printing.