Jerusalem Day, 18 May, 2023 -יום ירושלים, כ״ח באייר תשפ״ג
State of Jerusalem’s Tech Ecosytem
2023 Report
4x Growth In Startup Funding
Jerusalem startups raised 4x funding in the past 5 years compared to the 5 years before. This adds to another 4x jump in funding between 2012-2015 - overall 16x since we got started: from around $250M per 5 years to $4B
Source: IVC & Startup Nation Central - Data
#2 In Israel by # of tech companies
but not by number of employees: a new Israel Innovation Authority graph shows that with more than 600 tech companies and 20,000 tech employees, Jerusalem in 2022 has about 2x the number of companies as Haifa, but 3x fewer employees. This is due to a lack in large companies, and Jerusalem mostly having smaller startups with ~10 employees
Apple Opens Jerusalem R&D Center
With some help with data from the community and a local Jerusalem employee, Apple has opened its Jerusalem office in Givat Ram and has 17 open positions for M-series chip design. You can follow jobs live at MadeinJLM.org/jobs
Other Report Highlights
The 3 fastest-growing startups in Jerusalem have Ultra-orthodox founders (!)
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Google & Amazon hire 100+ employees each for Nimbus tender training
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Road 16 completed & other fast construction progress
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Bezalel school of art and design’s new city center campus and game hub
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Jerusalem listed as top 36 tech city for millionaires
and more!
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