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The dearth of funding for venture capital investments puts the future of Israel’s entire high-tech industry at risk, says chairman of research company and founder of Giza Venture Capital.

Venture capital firms invested a total of $303 million in Israeli companies in the third quarter of 2009, 50 percent lower than the $600 million they invested in the country in the corresponding period in 2008.

VC Investments in Israel Drop by 50% Year on Year