Israeli Startups Forced to Relocate and Shift Funds Amid Judicial Shakeup

Almost 70% of Israeli startups are taking active steps to shift funds and relocate parts of their businesses outside of Israel due to the uncertainty surrounding the proposed judicial overhaul. A survey conducted by Start-Up Nation Central revealed that 78% of startup executives reported negative impacts on their operations, while 84% of venture capital investors said it has a negative influence on their portfolio companies. The tech ecosystem, which contributes significantly to Israel's economy, is concerned about the potential loss of foreign investment and the decline in venture investment in Israel compared to the US.