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The Israel Innovation Authority's annual report shows hi-tech output rose to NIS 352 billion and start-ups raised a record $84 billion. Hardware exports grew by NIS 16 billion while R&D employment fell by 3,500 positions.
Substrate placeholder — needs reviewIsraeli hi-tech companies accounted for 58% of Israel’s total exports in 2025, the Israel Innovation Authority stated in its annual report published June 1, 2026. The sector’s dominance of Software-as-a-Service projects drove the export share, as these services generate foreign-currency income. Hardware exports grew by NIS 16 billion during the year.
5%. Hi-tech companies contributed 50% of the Israeli economy’s growth in 2025. 2%, from NIS 324 billion in 2024 to NIS 352 billion in 2025.
7% higher than in 2024. Israeli start-ups raised a record $84 billion in 2025, a 256% increase from 2024. The Israel Innovation Authority report noted that the R&D sector lost 3,500 positions while product roles gained 15,000 positions.
Wix cut 20% of its employees, citing AI restructuring. CEO Avishai Abrahami said the company is introducing positions such as “Xengineer and Creators” designed around AI-native ways of working. He added that the company is moving to a structure with fewer levels between leadership and junior staff.
Abrahami stated that the main reason for the layoffs was the dollar-shekel situation, with shekel-dominated costs and dollar-denominated revenue. The Israel Innovation Authority report reflected the severity of Israel’s currency situation with the shekel’s growing strength. An evening view of the Tel Aviv skyline was captured on October 26, 2025.
The article by Tobias Holcman was updated June 1, 2026 at 14:53.
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