The first half of 2026 highlights the continued concentration of capital within the Israeli technology sector. Total investment in Q2/2026 rebounded strongly, surpassing the quarterly volumes recorded during the 2020 expansion phase. However, this recovery in funding has not been matched by a comparable increase in deal activity. Instead, investment rounds have stabilized over several years at a lower baseline. Mature markets such as North America and Europe show a similar pattern, with total round counts plateauing since 2024.