Global Healthtech Boom Reaches Israel as VCs Raise $1 Billion

The global boom in health-tech investments has hit Israel.

Three local venture capital funds have raised a total of almost $1 billion in recent months, placing bets on young Israeli firms that aim to revamp the world’s healthcare industry that has been slow to adopt new technologies.

Leading the pack is aMoon Ventures, which has raised more than $500 million for its new fund dedicated to late-stage Israeli health-tech startups. Billionaire Marius Nacht placed the first $130 million and aMoon is in discussions with other investors to garner as much as $250 million more before the round closes at the ...