Israel’s tech community mobilizes in wake of attacks

Plus, Q3’s top startup investors and the state of Asia’s VC funding October 11, 2023 Hi, {NAME}. Israel’s vaunted tech sector is coming into play in a big way as the nation responds to horrific attacks over the weekend by militants. Thousands of Israelis have been drafted for reserve duty, including startup founders and CEOs, VCs, and men and women in all industry positions. Tech leaders are also providing cybersecurity expertise to the country’s military and helping with evacuation and other volunteer efforts. [We speak with Israelis in tech about how they’re responding to the conflict](. 🇮🇱 [Israeli tech community rallies in wake of attacks]( Some Israeli startups are seeing 30% or more of their workforces deployed as the country calls upon hundreds of thousands of reservists to launch a full-on counteroffensive in response to the deadliest attacks on the Jewish nation in 50 years. Others are raising funds, offering tech support or helping Israelis relocate. “This is the embodiment of the Israeli spirit — we are agile, dynamic, and quickly address challenges as they arise,” [Lior Simon]( general partner at [Cyberstarts]( in Israel, tells Crunchbase News. We speak with her and other Israeli tech leaders about how the growing conflict is impacting them, their families and businesses. Related Crunchbase Pro list: [Funding To Israel-Based, VC-Backed Startups]( 🌏 [Asia VC funding shows signs of leveling off after decline]( The latest [Crunchbase]( numbers show funding to startups in Asia in Q3 2023 saw only a slight drop year to year, a sign that the continent’s funding market may be finding its equilibrium. 🐝 [Busiest startup investors get a little busier again]( After several quarters of declining activity, the most active startup investors picked up their investment pace again last quarter. Per [Crunchbase]( data, the four most prolific post-seed investors all participated in more deals in Q3 than they did in Q2. And among the top 20, all but four partook in an equal or greater number of rounds. We look at the most active startup investors globally in Q3 and what they backed. 💸 [AMD gets in on the AI acquisition game as market cap soars]( As a public company, [AMD]( long held a reputation as a sort of scrappy underdog. After making its major exchange debut in 1979, it mostly trailed archrival [Intel]( by a wide margin for the next 40 years. But in the last few years, fortunes have reversed — AMD’s market cap now tops Intel’s by more than $20 billion — and yesterday, AMD snapped up a developer of software to deploy AI models. 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