Funding for HUJ spinouts remained stable during the first six months of 2020 as the Israeli VC sector showed signs of resilience amid Covid-19.
Yissum, the tech transfer company for Hebrew University of Jerusalem, revealed yesterday that its spinouts had collectively generated $79m of funding over the first six months of 2020.
The total includes tens of millions of dollars for 14 early-stage spinouts in segments such as cleantech, life sciences and artificial intelligence (AI).
Yissum hailed the figures as further evidence of Israel’s startups bucking the trend of fewer venture dollars for their US and Europe-based counterparts amid the current economic climate.
