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PWC MoneyTree Report Q3 2012: Israeli VC Investments Down 33%

Last week PWC released its quarterly moneytree report on the state of the venture capital industry in Israel. The top line figures indicate a 33% decline in VC investments in Q3, reaching $171 million compared to $255 million in the previous year. The main reason stated is the decline in availability of local VC funding. Overall in the first 3 quarters of 2012, Israeli companies raised $591 million, compared to $904 million in the equivalent period in 2011.