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Israel’s ‘Traumatech’ Sector Surges as Mental Health Funding Jumps 150%
['Maayan Hoffman']
The Media Line
“Mental health is no longer emerging.
It’s entering its next phaseA catalyst behind creating the map, Matalon is a leading voice in Israel’s mental health innovation ecosystem, and is currently building a new impact-driven investment vehicle focused on mental health technologies.
Moreover, the top five health tech companies raised $532 million overall, with three mental health companies accounting for $297 million of that total.
At the policy level, the American Food and Drug Administration has recently been warming to digital healthcare solutions in mental health, including clearing several prescription digital therapeutics for mental health conditions.
The series explores how Israel is building and exporting breakthrough mental health technologies that can transform life at home and bring hope to communities worldwide.