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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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“Israel needs significantly more Arrow 3 interceptors”
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Why David’s Sling missed: The limits of Israel’s mid-tier missile defense
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$4.2 billion Zim sale includes rare “pay later” structure
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Funding

20 stories about Funding
מימין דוד ויסברוד אור אשד מייסדי חברת הסייבר הישראלית LayerX

LayerX raises $26 million for its browser security platform

02.05.24|Meir Orbach
The Israeli startup’s Enterprise Browser Extension integrates with any browser, helping enterprises to secure their devices, identities, data, and SaaS apps from web-borne threats and browsing risks
יותם שגב ג'ייסון קלארק ו תמר בר אילן Cyera

April 2024 in Israeli tech funding: Over $1 billion in 20 deals

01.05.24|CTech
After hitting a five-year April low with $377 million raised last year, Israeli startups crossed $1 billion in funding last month, which hasn't happened in a single month since August 2022
אור שובל אמיר עמדי ו מיכל צור רמפי

Remepy raises $10 million Seed round to bring first hybrid drug to market

01.05.24|Meir Orbach
The Israeli startup’s new hybrid drugs combine traditional drugs with its “digital molecules.” Digital molecules are therapeutic interventions that trigger physiological effects through the brain
מייסדי אואזיס סקיוריטי דני בריקמן, מנכ"ל ו עמית צימרמן, סמנכ"ל המוצר Oasis Security

Cyber startup Oasis secures $35 million Series A extension, doubles valuation

01.05.24|Sophie Shulman
The Israeli startup’s solution aims to tackle the exponential growth of Non-Human Identities which malicious attackers are exploiting with increased efficacy
חברת איילנד המנכ"ל דן אמיגה ו מייסד שותף מייק פי island

Cyber startup Island doubles valuation to $3 billion in $175 million Series D

30.04.24|Meir Orbach
Island raised $100 million at a $1.5 billion valuation just six months ago
יונתן מלר עמנואל סלמונה ו שי מנדל מייסדי חברת הסייבר נאגומי גייסה

Nagomi Security raises $23 million Series A for proactive defense platform

24.04.24|Meir Orbach
The Israeli startup’s platform helps security teams prioritize the most urgent risks based on an organization's unique threat profile and provides prescriptive and actionable remediation plans to reduce threat exposure using existing tools
עובדי גרינאיי Greeneye Technology

AI precision spraying startup Greeneye Technology raises $20 million 

17.04.24|Meir Orbach
Greeneye’s solution, which harnesses AI in combination with cutting-edge hardware to identify weeds among crops with high accuracy and spray chemicals only where they are needed, is proven to reduce herbicide use in farming by 88%
Vorlon Founders

Vorlon completes Series A, bringing total funding to $15.7 million for pro-active third-party API security

17.04.24|James Spiro
The company helps organizations manage their third-party API attack surface with AI-driven detection, threat intelligence, and remediation capabilities.
cynomi founders

Cynomi raises $20 million Series A to automate CISO tasks for SMEs

17.04.24|James Spiro
The company’s platform combines AI with CISO-level knowledge to automate many vCISO tasks, typically at a lower cost than hiring an in-house CISO.
Micha Somite Team

Somite raises $5.3 million to incorporate AI in stem cell therapy

16.04.24|James Spiro
The team of five scientists includes Micha Breakstone, an Israeli AI entrepreneur who sold Chorus.ai for $575 million
Snappy Founders

Snappy raises $25 million Series D at half its previous valuation

16.04.24|CTech
The company, which laid off almost a third of its workforce last January, did not disclose its valuation in the round, but it is estimated to be in the region of $180-200 million, half of the value it received when it raised a $70 million Series C three years ago
דורון סיטבון מנכ"ל Dot Compliance

Dot Compliance raises $17.5 million in Series B extension to promote AI-driven compliance

16.04.24|Meir Orbach
Founded in 2015, Dot Compliance offers a ready-to-use Quality Management System powered by the Salesforce.com platform
Take2 Founders

Take2 AI raises $3M in Seed to simulate sales recruiting jobs with AI

16.04.24|James Spiro
The company recreates role-specific scenarios that help immerse sales applicants into the potential position, vet their cultural fit within a company, and offer performance data to employers.
Bridgewise founders גבריאל דיאמנט דור ו אור אליגולא מור חזן מייסדי חברת Bridgewise

Bridgewise nets $21 million Series A for AI-based analysis platform for global securities

16.04.24|Meir Orbach
The startup’s platform provides a suite of products that include detailed AI generated reports and on-demand analysis of any financial instrument or security
Knmostic Founders

Knostic raises $3.3 million for enterprise GenAI access control

11.04.24|James Spiro
Companies are increasingly adopting LLMs and other tools to create ChatGPT-like systems but with their own local knowledge. However, these systems might also introduce business risks, potentially exposing content outside of an employee’s need-to-know basis such as bonuses, sales revenue, and mergers and acquisition information
PVML

PVML receives $8 million in Seed for its secure AI-powered data access platform

10.04.24|James Spiro
The Israeli startup, founded by husband and wife Shachar Schnapp and Rina Galperin, aims to democratize secure access to enterprise data based on two pillars: Differential Privacy and AI.
Upstream office

Upstream Security receives strategic investment from Cisco Investments as demand for IoT cybersecurity soars

10.04.24|CTech
The startup’s platform provides cybersecurity extended detection and response (XDR) for connected vehicles and IoT
בכירי הסטארט אפ Datafy יואב אילוביץ׳ , זיו סרלין ו זיוון עורי

Datafy raises $6 million Seed round led by Insight Partners to optimize cloud storage

10.04.24|Meir Orbach
The Israeli startup says it offers up to 50% savings on storage costs and provides a self-optimizing, developer-independent solution
Guesty

Guesty raises $130 million at $900 million valuation, eyeing IPO in 2025

10.04.24|Meir Orbach
Operating in over 80 countries, Guesty’s platform provides both enterprise and SMB property managers as well as individual hosts with tools to manage the entire rental journey
Carrar team

Six months after coming under Hamas attack, Carrar raises $5.3M for its battery modules for EVs

09.04.24|James Spiro
The startup's offices and team are located in Sderot and were attacked by Hamas terrorists on October 7
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