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24/7
Headlines
10:31
Ibex raises $87 million for new Israel-focused secondary fund
09:27
Microsoft names Ohad Jassin to lead its Israel R&D center
09:16
A $1.5 million Congo arms deal has turned into a bitter legal dispute in Israel
08:52
Nvidia establishes Israeli research group focused on AI for medicine and science
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1
New Oracle layoff data reveals heavy cuts among cloud workers
2
Intel CEO says CPU demand is so strong the company can serve only 50% of customers
3
Intel let RealSense go. Now Cognex is paying $600 million to buy it
4
Cyera raises $400 million from Goldman Sachs, bringing 2026 funding to $1.4 billion
5
Thailand plans to buy Israeli Rampage missiles and Elbit precision munitions
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Funding
20 stories about Funding
Kubiya raises another $6M for AI assistant for DevOps teams
20.08.24
|
CTech
The Israeli startup took its Seed funding to $12 million after initially raising $6 million in October 2022.
DreaMed secures $3M and strategic deals amid CEO's reserve IDF duty
19.08.24
|
CTech
The AI solution developed by DreaMed is designed to provide treatment recommendations to millions of people with diabetes who do not have access to endocrinologists.
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.
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.
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.
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 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 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 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
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.
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.
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.
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 nets $9 million in Seed funding with promise to curb B2B payment “chaos”
30.07.24
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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
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.
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 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
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.
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 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.
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