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When climate changes, Israeli entrepreneurship must change too

The Israeli startup testing the limits of OpenAI, Anthropic and Meta’s models

"My tattoo business was the trigger for Base44"

Drug development has a $2 billion problem. AI is finally solving it

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Ohio office building bought for $17 million sells for just $2 million, deepening concerns over Israeli real estate investment firm Realco

2

Amdocs takes $106 million restructuring hit as AI overhaul gathers pace

3

The gap between Israeli and American founders isn't tech, it's the first line of the budget

4

AI security startup Onyx raises $113 million Series B at $640 million valuation

5

Travel fintech Faye raises $50 million Series C at estimated $500 million valuation

Funding

20 stories about Funding

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

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

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

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

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

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

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

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 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 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

BlinqIO founders

BlinqIO raises $5 million Seed round for generative-AI software testing platform

The startup’s platform provides an essentially infinite pool of human-like testers that can be integrated into the development process, allowing companies to allocate higher value work to their human workforce

בלוקצ'יין קריפטו מטבעות דיגיטליים 2

Fhenix raises $15 million Series A to bring confidentially to the Ethereum blockchain

The company plans to use the funds to support the initial stage of its open testnet, dubbed Helium, which will enable developers to deploy smart contracts to the Fhenix network for the first time

May 2024 in Israeli tech funding: $1.46 billion in 19 deals

Thanks to the biggest funding round in Israeli tech history courtesy of Wiz, local startups raised over $1 billion for a second straight month

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