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New Grok Imagine limits spark user fury: Continues glitch or policy shift?
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Eight-month-old Israeli cyber startup Above Security raises $43 million Series A with just 10 employees
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$4.2 billion Zim sale includes rare “pay later” structure
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Funding

20 stories about Funding
Dono founders

Dono emerges from stealth with $3.7 million to help verify homeownership with AI

09.07.24|James Spiro
The Israeli startup's platform helps title professionals, investors, developers, and builders verify property titles and interact with relevant documentation.
Enso Team

Enso raises $6 million for its guided AI agents platform to make AI accessible to SMBs

09.07.24|James Spiro
The company wants to help 59% of SMBs who would like to generate new ideas for growth but who are burdened by the daily demands of running a business. 
Amir Faintuch Jonathan Amit Volumez

Cloud infrastructure startup Volumez adds another $20 million to Series A

09.07.24|Meir Orbach
The new funding takes the Series A to $40 million in total after initially raising $20 million last April 
מייסד SOLA סקיוריטי גיא פלכטר עדכני

Cider Security founder nets $28M in Seed funding for stealth cyber startup

08.07.24|Sophie Shulman
Less than two years after selling Cider to Palo Alto Networks in a $300 million deal, Guy Flechter has raised a significant sum for his new cybersecurity project named Sola Security. Investors include S Capital, S32, and Michael Moritz
K Health founders

K Health raises $50 million at $900M valuation for AI-driven primary care platform

07.07.24|CTech
The startup’s platform includes a medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment
SendBlocks

SendBlocks raises $8.2 million Seed round to streamline blockchain data management

02.07.24|James Spiro
The company is creating a platform that can handle Taylor Swift-levels of demand in the blockchain space. “The backend isn’t optimized for The Swifties,” says CEO 
Semperis עובדי סמפריס

June 2024 in Israeli tech funding: $556 million in 12 deals

01.07.24|CTech
Over the first six months of the year, local startups have raised $4.5 billion, a 36% increase compared to the first half of 2023 
מייסדי וויז, מימין לשמאל: רועי רזניק , עמי לוטבק , אסף רפפורט ו ינון קוסטיקה

Wiz leads Israeli tech to its best quarter of funding in two years

30.06.24|Meir Orbach
Even without the $1 billion funding round by the cyber decacorn, local startups raised over $1.9 billion, the most since the fourth quarter of 2022
ליאור סוסן ברייט משינס

Bright Machines bags $126 million Series C one month after closing Israeli R&D center

27.06.24|CTech
The company, headed by Israeli CEO and founder, Lior Susan, laid off 60 of 68 employees in Israel, with the rest relocating to San Francisco
Wiz founders

War can't stop Israeli cyber growth

27.06.24|Sophie Shulman
Israeli cyber startups raised $2.9 billion between January and mid-June, compared to $1.9 billion in all of 2023 and $3.2 billion in 2022. There were also 12 exits in early 2024, compared to 21 in 2023, 16 in 2022, and a record 35 in 2021, according to a report by YL Ventures
מטוס של אזול איירליינס חברות תעופה

Fetcherr nets $90 million for GenAI pricing engine

26.06.24|CTech
The Algo based company developed an agnostic AI-driven market engine and aims to disrupt traditional legacy revenue systems through deep learning methodologies, beginning with the airline industry 
Sensi.AI team

Sensi.AI raises $31 million Series B for elderly care platform after loss of key team member in war

26.06.24|Meir Orbach
The Israeli startup's audio-based solution enables elderly individuals to continue living at home rather than being hospitalized. Yuval Halivni, the company’s data operations lead, was killed on October 9th while serving in the reserves
Upword Roee

Upword raises $3 million for its AI-powered research companion for professionals

25.06.24|CTech
The company’s tool has already gained 30,000 users and 1,000 paying customers
מייסדי סמפריס מימין גיא טברובסקי , מיקי ברזמן , מתן ליברמן Semperis

Semperis enters unicorn club with $125 million round at over $1 billion valuation

20.06.24|Meir Orbach
The cyber company also named a new CFO, CRO and CLO as it continues to gear up for a potential IPO 
PointFive founders

IntSights founders unveil new cloud cost optimization startup, raise $16 million in Seed funding

19.06.24|Meir Orbach
Alon Arvatz, Gal Ben-David, and Amir Hozez’s new startup, PointFive, aims to uncover deep, infrastructure-level savings opportunities, enabling enterprise organizations to promote continuous cloud cost efficiency 
MRI של חברת אינסייטק insightec

Insightec raises $150 million six months after cutting 20% of staff

19.06.24|Golan Hazani
The healthcare company, which has developed a platform that focuses on sound waves, safely guided by MRI, to provide tremor treatment to patients, raised the funding at a $375 million valuation, down from $1 billion
Zencity team

Zencity secures $40 million Series C for community engagement platform for local governments

18.06.24|Meir Orbach
The Israeli startup counts 8 of America’s 10 largest cities among its customers and plans to spend the new capital on advancing its artificial intelligence capabilities 
Entro founders

Entro Security raises $18 million Series A for non-human identity and secrets management platform

18.06.24|Meir Orbach
The Israeli startup’s platform helps security teams to implement and automate strong governance for secrets and NHI management, with real-time detection and response 
צוות עובדים Finaloop

Finaloop raises $35 million Series A for e-commerce accounting platform

17.06.24|Meir Orbach
The Israeli startup’s platform makes all financial data accessible to e-commerce stakeholders, from periodic accounting to real-time finance metrics
מייסדי Aim Security מימין מתן גץ ו אדיר גרוס

Aim Security closes $18 million Series A to secure GenAI enterprise adoption

17.06.24|Meir Orbach
Less than five months after announcing its Seed round, the Israeli startup has landed additional funding for its security platform that governs and secures AI use across the modern business environment 
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