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Israeli Startups Create 20,000 Jobs in California

3/17/2026

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Story summary
  • The 2025 California–Israel Economic Impact Report finds Israeli-founded companies created over 20,000 jobs in California and generated $8.9 billion in economic output.
  • The report identifies 32 unicorns based in California, underscoring the tech sector's central role.
  • Governor Gavin Newsom criticized Israel as moving toward an apartheid state.
  • Israeli entrepreneurs favor California for its venture capital and technology resources, reinforcing the state's economic ties.