Tel Aviv is a global startup trailblazer, with a thriving tech sector and a strong track record of raising significant venture capital investment. In 2022, Tel Aviv ranked third in EMEA for total VC investment raised, with $6.9B in funding. Security is the top-funded industry, and health is one of the fastest-growing. The city is also one of the fastest-growing mature ecosystems globally, with startups now worth $393B, up 3.5x since 2018. Tel Aviv ranks second highest valued ecosystem in EMEA and its biggest successes are a breeding ground for new entrepreneurial talent. The Tel Aviv Tech team, managed by the International Economic Development team of Tel Aviv Global and Tourism, works locally with municipal and business partners to remove barriers and facilitate the synergy that creates community and drives innovation, and globally with leading tech hubs, economic development organizations, research institutions, and more.