Finaloop Raises $35M in Series A Funding

Finaloop, a Brooklyn, NY- and Tel Aviv, Israel-based real-time e-commerce accounting platform, raised $35m in Series A funding.

Source: Finaloop Raises $35M in Series A Funding

Six Companies Joined The Unicorn Board In May, With xAI Alone Adding $24B In Value

Unicorns in Asia European unicorns Unicorns from LatAm Emerging unicorn leaderboard Exited unicorns Methodology The Crunchbase Unicorn Board is a curated list that includes private unicorn companies with post-money valuations of $1 billion or more and is based on Crunchbase data.

Source: Six Companies Joined The Unicorn Board In May, With xAI Alone Adding $24B In Value

Zencity Raises $40M in Series C Funding

Zencity, a New York City and Tel Aviv, Israel-based based community engagement platform for local governments, raised $40m in Series C funding.

Source: Zencity Raises $40M in Series C Funding

Israel’s Fhenix Raises $15m to Advance Confidential Blockchain Technology

Fhenix, an Israel-based company specializing in Layer 2 blockchain technology that leverages fully homomorphic encryption (FHE), has successfully closed a $15 million Series A funding round.

Source: Israel’s Fhenix Raises $15m to Advance Confidential Blockchain Technology

SAP to buy Israeli SaaS company for $1.5 billion

WalkMe , an Israeli startup that guides users through online tasks step-by-step, is being bought in a deal that values it at $1.5 billion, making one of the highest-value deals in Israel this year .

Source: SAP to buy Israeli SaaS company for $1.5 billion

The Week in AgriFoodTech: EvodiaBio scores $7.5m, Microcaps raises $10m, Aleph Farm lays off 30% of staff

Israel’s Aleph Farms, a longtime trailblazer in the industry, announced it was laying off 30% of its staff, while over in the US, SCiFi Foods closed up shop entirely and various groups were up in arms about the US military dabbling in cultivated meat.

Source: The Week in AgriFoodTech: EvodiaBio scores $7.5m, Microcaps raises $10m, Aleph Farm lays off 30% of staff

Finout Raises $26 Million Series B, Leading FinOps Forward With Its Complete Platform

TEL AVIV, Israel–(BUSINESS WIRE)–Finout, the FinOps-for-enterprise company, announced a $26.3 million Series B funding round led by Red Dot Capital with the participation of Maor Investments and existing investors – Team8, Pitango, and Jibe Ventures. Finout’s complete FinOps platform is now used by leading global brands, including Lyft, the New York Times, Choice Hotels, Wiz, Tenable, and Appsfl

Source: Finout Raises $26 Million Series B, Leading FinOps Forward With Its Complete Platform

Agora Secures $34M in Series B Funding to Propel Growth and Revolutionize Real Estate Investment Management

Currently, Agora operates predominantly in North America, Europe, and Israel, with plans to expand into Central and South America and Australia.

Source: Agora Secures $34M in Series B Funding to Propel Growth and Revolutionize Real Estate Investment Management

13 Israeli med-tech startups that could transform healthcare

Innovation was the flavor of the week at the annual BioMed Israel , an international life-science and health-tech conference , where 150 companies were represented last week at the David InterContinental Hotel in Tel Aviv.

Source: 13 Israeli med-tech startups that could transform healthcare

Finout Raises $26M in Series B Funding

Finout, a Tel Aviv, Israel-based FinOps-for-enterprise company, raised $26M in Series B funding.

Source: Finout Raises $26M in Series B Funding

Agora Raises $34M in Series B Funding

Agora, a NYC- and Tel Aviv, Israel-based provider of real estate investment management solutions, raised $34M in Series B funding.

Source: Agora Raises $34M in Series B Funding

Israeli Drone Startup Used by IDF in Gaza Raises $40 million

Israel’s larger defense contractors have benefited from increased spending since the beginning of the war with Hamas, and Xtend’s fundraise signals opportunities during the conflict for smaller, dual-use players.

Source: Israeli Drone Startup Used by IDF in Gaza Raises $40 million

Data Storage Firm Hits $1B Valuation To Become Latest Israeli Unicorn

The company, which has offices in Israel, the UK and the US, is now valued at $1.6 billion, joining the roughly two dozen Israeli startups with the exclusive unicorn status.

Source: Data Storage Firm Hits $1B Valuation To Become Latest Israeli Unicorn

Israel’s Magnus Metal Raises $74M for its Digital Casting Process

Magnus Metal , an Israeli advanced manufacturing startup specializing in the production of machines that leverage a proprietary process incorporating both casting and additive manufacturing (AM) principles, has raised $74 million in a Series B round led by Tel Aviv venture capital fund, Entrée Capital , and Target Global , a venture capital fund based in Berlin.

Source: Israel’s Magnus Metal Raises $74M for its Digital Casting Process

Carrar Raises $5.3M in Series A Funding

Carrar, a Sha’ar Hanegev, Israel-based provider of battery modules and thermal management systems for electric vehicles (EVs), raised $5.3M in Series A funding.

Source: Carrar Raises $5.3M in Series A Funding

PVML Raises $8M in Seed Funding

PVML, a Tel Aviv, Israel-based provider of a platform for secure AI-powered data access, raised $8M in Seed funding.

Source: PVML Raises $8M in Seed Funding

Datafy Closes $6M Seed Funding

Datafy, a Tel Aviv, Israel-based cloud storage optimization startup, raised $6M in Seed funding.

Source: Datafy Closes $6M Seed Funding

Israeli cloud security startup Wiz acquires cloud detection and response startup Gem Security, sources say for $350M, after acquiring dev platform Rafft in 2023 (Allie Garfinkle/Fortune)

Allie Garfinkle / Fortune : Israeli cloud security startup Wiz acquires cloud detection and response startup Gem Security, sources say for $350M, after acquiring dev platform Rafft in 2023 — The first time Gili Raanan ever gave Assaf Rappaport a big check, it was in a gas station. — “It was a convenience store …

Source: Israeli cloud security startup Wiz acquires cloud detection and response startup Gem Security, sources say for $350M, after acquiring dev platform Rafft in 2023 (Allie Garfinkle/Fortune)

Nucleai Raises $14M in Funding

Nucleai, a Chicago, IL- and Tel Aviv, Israel-based spatial AI biomarker company, raised $14M in funding.

Source: Nucleai Raises $14M in Funding

Hailo Raises $120M in Extended Series C Funding

Hailo, a Tel Aviv, Israel-based chipmaker of edge artificial intelligence (AI) processors, raised $120m in extended series C funding.

Source: Hailo Raises $120M in Extended Series C Funding

Finout Raises $26 Million Series B, Leading FinOps Forward With Its Complete Platform

TEL AVIV, Israel–(BUSINESS WIRE)–Finout, the FinOps-for-enterprise company, announced a $26.3 million Series B funding round led by Red Dot Capital with the participation of Maor Investments and existing investors – Team8, Pitango, and Jibe Ventures. Finout’s complete FinOps platform is now used by leading global brands, including Lyft, the New York Times, Choice Hotels, Wiz, Tenable, and Appsfl

Source: Finout Raises $26 Million Series B, Leading FinOps Forward With Its Complete Platform

Israel’s Magnus Metal Raises $74M for its Digital Casting Process

Magnus Metal , an Israeli advanced manufacturing startup specializing in the production of machines that leverage a proprietary process incorporating both casting and additive manufacturing (AM) principles, has raised $74 million in a Series B round led by Tel Aviv venture capital fund, Entrée Capital , and Target Global , a venture capital fund based in Berlin.

Source: Israel’s Magnus Metal Raises $74M for its Digital Casting Process

Israeli cloud security startup Wiz acquires cloud detection and response startup Gem Security, sources say for $350M, after acquiring dev platform Rafft in 2023 (Allie Garfinkle/Fortune)

Allie Garfinkle / Fortune : Israeli cloud security startup Wiz acquires cloud detection and response startup Gem Security, sources say for $350M, after acquiring dev platform Rafft in 2023 — The first time Gili Raanan ever gave Assaf Rappaport a big check, it was in a gas station. — “It was a convenience store …

Source: Israeli cloud security startup Wiz acquires cloud detection and response startup Gem Security, sources say for $350M, after acquiring dev platform Rafft in 2023 (Allie Garfinkle/Fortune)

US cybersecurity company Zscaler acquires Israel-based cybersecurity startup Avalor for $350M; Avalor was founded in 2022 and has raised just $30M to date (Assaf Gilead/Globes Online)

US company Zscaler acquires Israel-based cybersecurity startup Avalor for $350M; Avalor was founded in 2022 and has raised just $30M to date — Avalor was founded only two years ago and has raised $30 million to date.

Source: US cybersecurity company Zscaler acquires Israel-based cybersecurity startup Avalor for $350M; Avalor was founded in 2022 and has raised just $30M to date (Assaf Gilead/Globes Online)

Faddom raises $12M to help companies map IT infrastructure wherever it lives

When IT was responsible for servers onsite, understanding what you owned and where it lived was not a big problem. For most, it was physical machines in a closet or server room, but as infrastructure became virtualized and moved to the cloud, figuring out the lay of your infrastructure land became more difficult. Faddom, an […] © 2024 TechCrunch. All rights reserved. For personal use only.

Source: Faddom raises $12M to help companies map IT infrastructure wherever it lives

Israel-based VC firm Team8 raised $500M from Microsoft, Cisco, and others for funds that will invest in 30+ cyber, data, AI, health, and other Israeli startups (Marissa Newman/Bloomberg)

Israel-based VC firm Team8 raised $500M from Microsoft, Cisco, and others for funds that will invest in 30+ cyber, data, AI, health, and other Israeli startups — – Cisco, Temasek, Moody’s also among investors in Team8 funds — Firm to invest in over 30 Israeli cyber, AI, health startups

Source: Israel-based VC firm Team8 raised $500M from Microsoft, Cisco, and others for funds that will invest in 30+ cyber, data, AI, health, and other Israeli startups (Marissa Newman/Bloomberg)