The capital increase of Israeli technology companies in 2021 reached nearly $ 26 billion in 780 deals, compared to nearly $ 11 billion in 604 deals for 2020, according to IVC Research.

One reason for the surprising growth is that over the past year, investments of $ 100 million or more in a single company have suddenly become commonplace.

According to the 2021 Innovation Report released by the Israel Innovation Authority (IIA) on June 16, the number of these mega-rounds has increased almost sevenfold in the last five years.

In the first half of 2021, IVC-Meitar counted 38 investments over $ 100 million. By mid-December, Start-Up Nation Central put that number at 74, compared to 22 throughout 2020.

We started tracking the mega-round trend in March. At the end of that month, we reported on six Israeli companies that raised at least $ 100 million each. This number remained steady from month to month, and then in October and November there were 10 such rounds of funding each.

Now, to close the year, let’s look at the eight Israeli companies that reached the $ 100 million (or more) figure in December.

Cyber ​​security company Claroty for the Extended Internet of Things (XIoT) raised $ 400 million in Series E funding and entered into a deal to buy Medigate, an Israeli healthcare security company IoT.

Claroty’s funding now stands at $ 635 million, making it the most well-funded cyber security company in the industrial, healthcare and enterprise IoT sectors.

Future Meat Technologies raised $ 347 million in the Series B round from investors in North America, Europe and Asia, which will move towards further development of its innovative technology for farmed meat production.

Prof. Yaakov Nahmias, founder and president of Future Meat, said the three-year startup will pave the way for a large-scale manufacturing plant in the United States in 2022. The company can now produce cultured chicken breast for $ 7.70 per pound. from under $ 18 per pound just six months ago.

Fintech giant Tipalti (Hebrew for “We handled it”) raised $ 270 million in Serie F funding with an estimated $ 8.3 billion. Tipalti currently processes over $ 30 billion in total annual payment volume – up 120% year-on-year – and has recently surpassed 2,000 clients, after opening new offices in London, Texas and Toronto.

UBQ Materials, which produces climate-friendly thermoplastic materials from household waste, raised a $ 170 million round of funding led by TPG Rise. The money will fund the global expansion of UBQ, starting with a large-scale facility in the Netherlands that will be operational by the end of 2022.

Also in December, UBQ was announced today as the winner of the 2021 SEAL Business Sustainability Awards.

The beginning of cyber security Noname Security reached the status of unicorn with a round of 135 million dollars of Series C. Coming out of the secret mode only a year ago, Noname is said to work with two of the five largest pharmaceutical firms in the world, a from the three largest retailers in the world and one of the three largest telecommunications in the world.

Drug development company 1E Therapeutics raised $ 120 million. 1E lead compounds address indications in oncology, age-related diseases, immunology, antimicrobial resistance, viral infections, and orphan neurological disorders.

First Digital Bank raised $ 120 million in a Serie A round with a valuation of $ 320 million. Investors included Swiss asset management group Julius Baer, ​​Japanese financial conglomerate SBI and China-based technology company Tencent.

CyCognito raised $ 100 million. The cyber security startup platform identifies exposed and unmanaged online assets that could serve as entry points for attackers.