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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
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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
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Travel fintech Faye raises $50 million Series C at estimated $500 million valuation
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AI security startup Onyx raises $113 million Series B at $640 million valuation
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Funding

20 stories about Funding
מייסדי פיירפליי Firefly

After CTO was murdered by Hamas on October 7, cloud startup Firefly nets $23 million Series A

29.05.24|Meir Orbach
Firefly co-founder Sefi Genis was murdered in the brutal attack by Hamas at the Nova party. “In the early days, we did not know if we would survive. It hurts every day, but we are not in mourning. We are building Sefi's legacy,” said CEO Ido Neeman
מייסדי Orca AI ירדן גרוס ו דור רביב

Orca AI raises $23 million for autonomous shipping platform

27.05.24|Sophie Shulman
The Israeli startup's system, already installed on ships operated by major companies including MSC and Maersk, reduces the number of marine accidents, optimizes sailing, and thus reduces fuel consumption and air pollution
Unlimited Robotics founders

Unlimited Robotics raises $5 million Seed round to tackle healthcare worker shortage

27.05.24|CTech
The company's 2-armed robots are designed to navigate the dynamic and complex environments of hospitals, performing repetitive tasks such as delivering meals and supplies, directing patients and visitors, transporting Personal Protective Equipment (PPE), and engaging with elderly patients in cognitive activities 
מייסדי Finout

Finout raises $26 million Series B to optimize cloud expenditure

23.05.24|Meir Orbach
The Israeli startup’s FinOps platform is used by leading global brands, including Lyft, the New York Times, Choice Hotels, Wiz, Tenable, and Appsflyer, to optimize cloud expenditure and allocate costs across all cloud providers and services
Superlegal co-founders

Superlegal raises $5 million in Seed for its AI contract review platform

22.05.24|James Spiro
Its SaaS platform can help SMBs efficiently, cost-effectively, and accurately review and advance contracts without relying on a legal department or outside legal counsel.
בר מור ליאור דולינסקי ו נועם קאהן מייסדי הסטארט אפ Agora

Agora nets $34 million Series B for real estate investment management platform

16.05.24|Meir Orbach
The Israeli startup's solutions include tech-enabled financial services, including expert tax, bookkeeping, and international money transfer services
WEKA founders

AI data platform WEKA achieves unicorn status with $140 million Series E at $1.6B valuation

15.05.24|Meir Orbach
The Israeli startup more than doubled its valuation from November 2022
Fairgen founders

Fairgen raises $8 million Seed round for accurate AI-generated survey responses

09.05.24|CTech
The Israeli startup, founded by Samuel Cohen, Benny Schnaider and Michael Cohen, uses synthetic data for granular insights after proving that it could augment under-sampled segments with a high degree of accuracy using proprietary algorithms
Token Security Founders

Shlomo Kramer-backed Token Security emerges from stealth with $7 million

08.05.24|James Spiro
Token Security brings visibility and continuous threat exposure management to the space by introducing the machine-first approach
אביב שפירא מנכ"ל ומייסד Xtend

XTEND lands $40 million Series B for robot and drone operating system

08.05.24|Meir Orbach
The Israeli startup’s XOS operating system aims to provide robots and drones with AI capabilities and help them partner with humans
מייסדי PANAX פאנאקס סטארט-אפ פינטק

Panax raises $10 million Series A for AI-powered cash flow management platform

08.05.24|Meir Orbach
The Israeli startup’s platform aims to help mid-market and large companies to gain full visibility and control over their cash operations and to optimize their liquidity by leveraging AI-driven automation and insights
מימין דאלי ראג'ק ו אסף רפפורט wiz

Wiz President: "I truly believe that Wiz is on its way to becoming the largest cyber company in the world"

08.05.24|Meir Orbach
"I want to turn Wiz from an unimaginable wonder into a well-oiled machine in order to set the standard in everything related to cloud security," added Dali Rajic after Wiz raised $1 billion at a $12 billion valuation
Wiz founders

Unstoppable Wiz: Cyber startup nets another $1 billion in funding as valuation jumps to $12B

07.05.24|Meir Orbach
The four-year-old decacorn, which took its total funding to date to $1.9 billion, said it will use the latest round of funding to help drive future M&A efforts, along with talent recruitment and product development
Honeycomb Insurance founders

Honeycomb raises $36M Series B for landlord insurance platform

07.05.24|Meir Orbach
The Israeli startup insures more than $21 billion worth of real estate assets and expects to triple that number in the next 12 months
מייסדי Opmed.ai מימין אבי פז מור ברוקמן מלצר ברוך ברזל

Opmed.ai secures $15 million Series A to bring AI optimization to healthcare operations

06.05.24|Meir Orbach
The Israeli startup’s optimization engine runs billions of permutations in seconds and is tailored to make predictions based on industry-specific factors, automatically generating alternative schedules for ORs that significantly improve resource allocation
AISAP Team

AISAP raises $13 Million in Seed for its AI ultrasound solution

02.05.24|James Spiro
Its POCAD solution provides AI-powered diagnoses that are accurate and easy to understand for physicians.
Apex Founders

Sam Altman-backed Apex emerges from stealth with $7M to help secure AI adoption

02.05.24|James Spiro
The Israeli company has built a security platform that provides organizations with comprehensive visibility of their AI activity
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
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