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Iranian missile damaged secret Israeli intelligence facility in Tel Aviv strike
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"Within six months, Israel's high-tech sector could shrink by 25% to 30%"
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Cyera raises $300 million at $12 billion valuation, extending its rapid ascent
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Israel’s tech paradox: $1.1 billion raised in a week as layoffs sweep the industry
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Funding

20 stories about Funding
Sepio team

Sepio extends Series B with $11 million investment led by Abu Dhabi’s Tau Capital

15.08.24|CTech
The Israeli cyber company has developed a hardware asset risk management platform based on device existence.
definity Founders Roy Daniel Ohad Raviv Tom Bar-Yacov

Data platform definity raises $4.5 million in Seed funding

14.08.24|James Spiro
The Israeli startup’s data application native solution provides in-motion and contextualized insights into data pipeline execution, data quality, and data infrastructure performance.
יונתן ירון מנכ"ל קייטוורקס

The Israeli team that led cyber company Kiteworks to a $1B valuation and $456M funding round

14.08.24|Meir Orbach
Less than $100 million of the current fundraising will go into the company, with the remainder being used to buy out veteran investors, making room for Insight Partners and Sixth Street Growth. 
מייסדי הסטארט-אפ פייזן

Healthcare fintech PayZen raises $32M Series B and $200M in debt

13.08.24|Meir Orbach
The Israeli startup has developed a fintech platform that allows hospitals to receive payment in advance for medical treatment invoices, thereby enabling patients to benefit from interest-free payment plans.
Flint Sergey

Flint Capital raises $160 million to continue investment in Israeli entrepreneurs

12.08.24|James Spiro
The new fund will invest in roughly 25 companies with Israeli founders as well as Israeli pre-seed VC funds and European startups.
BAIBYS team

BAIBYS raises $4.5M Series A for AI-based system that selects ideal sperm for fertility treatments

08.08.24|CTech
Japanese pharmaceutical giant ROHTO joined the Israeli startup’s round as it prepares to begin sales this year. BAIBYS’ system examines sperm samples and automatically selects ideal sperm according to WHO criteria, both in terms of their motility and morphology. 
LightSolver team

LightSolver awarded €12.5M from the European Innovation Council to advance its all-optical supercomputer

08.08.24|James Spiro
The Israeli startup was selected for the accelerator due to its first all-optical supercomputer that is more energy-efficient than classical computers
אסף רפפורט מייסד ו מנכל WIZ וויז

Wiz secures multi-million SoftBank investment to expand in Asian cloud market

07.08.24|Meir Orbach
The Israeli cyber company, which recently rejected a $23 billion offer from Google, plans to double its workforce in Asia by the end of the year after recently recruiting dozens of employees in Japan, Singapore, Australia, and New Zealand, and establishing a new data center in Sydney. 
צוות Placer

Placer.ai raises $75M at $1.5B valuation, reaches $100M in ARR

06.08.24|CTech
The foot traffic analytics platform increased its valuation by 50% after tripling its ARR and quadrupling its customer base. 
הנהלת CTERA מימין אהרן ברנד לירן אשל עודד נגל

July 2024 in Israeli tech funding: $703 million in 28 deals

01.08.24|CTech
Local startups more than doubled the amount raised during July 2023, when funding hit a seven-year monthly low of $315 million. 
מייסדי Clutch Security קלאצ' סקיוריטי מימין טל קמחי שגיא הס אופיר הר חן

Clutch Security raises $8.5M in Seed funding to secure and manage Non-Human Identities

30.07.24|Meir Orbach
The Israeli startup aims to deliver end-to-end NHI security and proactively bridge NHI security gaps across the entire organizational landscape, without affecting business velocity.
Monto team

Monto nets $9 million in Seed funding with promise to curb B2B payment “chaos”

30.07.24|James Spiro
The company helps B2B finance teams get paid from any AP portal used by their enterprise customers by creating smart connections between financial systems such as ERPs and AP portals
Blue Tree team

Rocketed out but rising: Foodtech startup Blue Tree raises $2.26M despite Hezbollah attacks

30.07.24|CTech
Despite having to relocate from its facilities in Kiryat Shmona due to the war in the north of Israel, Blue Tree attracted fresh funding, including from French giant Sucden.
מוסף עצמאות 13.5.24 אלעד שפר ו דניאל גרין Faye

Faye raises $31 million Series B for fintech platform for travelers

30.07.24|Meir Orbach
Since launching its app to American travelers in 2022, Faye has continued to expand its offering, which currently includes travel insurance, 24/7 assistance, real-time trip monitoring and alerts, and more.
BIRD Team

BIRD Foundation approves $6.55 million for six new projects

29.07.24|James Spiro
The projects relate to innovations in Environment, Electro-optics, Healthcare IT, and Quantum Computing
Itai Hayut - Scopio Labs

Scopio Labs secures $42 million Series D for AI-based blood cell analysis

25.07.24|Meir Orbach
The Israeli startup's platform uses computational photography to provide digital imaging of thousands of cells, giving lab practitioners a full-field view of all regions of clinical interest on the sample at the highest resolution, supplanting the need for manual microscopy. 
צוות חברת אוטו טק Addionics אדיוניקס

EV battery tech startup Addionics nets $39 million Series B led by GM

25.07.24|Sophie Shulman
The Israeli company's low-cost drop-in solution integrates into existing production facilities, allowing battery manufacturers and automakers to increase production capacity while reducing manufacturing costs. 
ZEST founders

ZEST Security raises $5 million Seed round for cloud risk resolution platform

24.07.24|CTech
The Israeli startup’s platform provides paths that offer both mitigation and remediation using code and existing controls to eliminate cloud vulnerabilities and misconfigurations.  
מימין תומר שוורץ סמנכ״ל טכנולוגיות מרב בהט מנכ״לית ו יובל אופיר סמנכ״ל מחקר ופיתוח חברת אבטחת הענן Dazz

Dazz raises $50 million to accelerate AI-powered cloud security remediation

24.07.24|Meir Orbach
The company’s unified remediation platform provides visibility across all detection tools and environments, including code, clouds, applications, and infrastructure. 
Magenta David Israeli

Magenta Medical nets $105M to secure FDA approval for world's smallest heart pump

23.07.24|Meir Orbach
The financing will be used to advance the company’s U.S. clinical programs in multiple mechanical circulatory support (MCS) indications and to secure the first FDA approval for the Elevate System in patients undergoing high-risk percutaneous coronary interventions (HR-PCI).
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