Jerusalem: Israel’s technology industry experienced an unprecedented boom in 2025, with total deal values and public listings reaching nearly $59 billion, according to a new report by PwC Israel. This marks a staggering 340 percent increase compared to 2024, signaling a remarkable rebound in the nation’s innovation ecosystem despite ongoing geopolitical uncertainties and global economic challenges.
The dramatic surge was largely driven by Alphabet’s acquisition of cybersecurity firm Wiz for $32 billion, the largest tech deal in Israeli history. Even when excluding this landmark transaction, the sector recorded a strong performance, with deal values around $32 billion, reflecting a broad-based expansion across multiple segments of the market. Analysts highlighted that the surge is indicative of sustained investor confidence in Israel’s tech landscape.
In addition to large-scale mergers and acquisitions, initial public offerings (IPOs) played a major role in the sector’s growth. Israel saw seven IPOs in 2025, collectively raising $14.6 billion, compared to roughly $781 million raised through six listings in 2024. Notable IPOs included Navan and eToro on the Nasdaq, valued at $6.2 billion and $4.4 billion respectively, demonstrating strong international interest in Israeli technology companies.
While mid-sized deals in the $100–500 million range declined slightly, activity among both smaller transactions and mega acquisitions remained robust. Additional significant acquisitions included the purchases of Next Insurance for $2.6 billion and Melio for $2.5 billion, reinforcing Israel’s position as a hotspot for high-value corporate activity and strategic investments.
Yaron Weizenbluth, partner and head of audit at PwC Israel, noted that the local tech ecosystem’s resilience is underpinned by a deep pool of specialized talent and entrepreneurial drive. He emphasized that, despite some companies relocating parts of their operations abroad, Israel’s innovation sector continues to thrive, adapting to global market demands and closing critical gaps in technology and business strategy.
The report underscores the enduring strength and global competitiveness of Israel’s technology industry. Mega deals, a surge in public listings, and strong investor confidence signal that Israeli tech companies are well-positioned for sustained growth, solidifying the nation’s reputation as a leading hub for innovation in cybersecurity, fintech, and digital services.