Representatives of 22 venture capital funds from Israel joined with potential investors at the second Israel Investment Forum in Hong Kong on 26 January. The delegation of Israeli Venture Capitalists (VC) was the largest gathering to Asia in a single trip.

Israel boasts the highest VC investment per capita in the world. These VC funds invest in more than 300 Israeli startups in various fields, such as Internet, mobile, healthcare and green-technology. There was a unique opportunity for around 100 Hong Kong based investors to meet them and learn about the world’s strongest innovation hub outside the Silicon Valley.

Elad Goz, Consul and Head of Economic & Trade Mission at Consulate General of Israel in Hong Kong, kicked off the event with a presentation showing how the Israeli start-up ecosystem did just the week before raising US$ 910 million in startup funding and acquisitions. In the last quarter of 2014, funds raised by Israeli start-ups had totaled US$1,105 billion.

Sagi Karni, Consul General of Israel in Hong Kong, said in his opening remarks, “It is very appropriate as this event is for the largest ever VC delegation from Israel to visit Hong Kong, and they are the blood line to our start-up scene.”