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

Salvador raises $6M to help industrial organizations recover from cyberattacks in just 30 seconds

Cyberattack recovery startup Salvador Technologies Ltd. said today it has secured $6 million in funding to help it achieve its goal of protecting industrial organizations and their most critical information technology infrastructure. Today’s round was led by Pico Venture Partners and saw participation from existing investors Pitango VC and Sarona Partners. The Israeli startup says […] The post a

Source: Salvador raises $6M to help industrial organizations recover from cyberattacks in just 30 seconds

CorrActions secures $7.25M for driver monitoring system

CorrActions , an Israeli AI-based driver safety startup, has successfully closed its Series A round, raising $7.25 million. The funding round was led by Volvo Cars Tech Fund , which was joined by BlackBerry, alongside prominent venture capital firms Next Gear Ventures, Mobilitech Capital, Regah Ventures, OurCrowd, NextLeap Ventures, and Stone Ventures. The investment will be used to accelerate th

Source: CorrActions secures $7.25M for driver monitoring system

Israeli data privacy and governance startup Mine, which counts Reddit and HelloFresh as clients, raised a $30M Series B led by Battery Ventures and PayPal (Globes Online)

Globes Online : Israeli data privacy and governance startup Mine, which counts Reddit and HelloFresh as clients, raised a $30M Series B led by Battery Ventures and PayPal — Mine, which develops B2B and B2C solutions in the field of data privacy, and governance, has 150 customers including Reddit, HelloFresh SE, Fender, Guesty, Snappy, and Data.ai.

Source: Israeli data privacy and governance startup Mine, which counts Reddit and HelloFresh as clients, raised a $30M Series B led by Battery Ventures and PayPal (Globes Online)

6 Israeli designs on Fast Company Next Big Things list

Fast Company ’s third annual Next Big Things in Tech list includes six Israeli companies among 119 established companies, startups and research teams highlighted for their cutting-edge advancements and potential to impact consumers, businesses and society. “The Next Big Things in Tech is not just a look around the corner—it’s a look around the corner after that,” says Brendan Vaughan, editor-in-c

Source: 6 Israeli designs on Fast Company Next Big Things list

Entrio extends funding round to $11 million

Israeli startup Entrio Entrio has extended its recent funding round to $11 million, welcoming new investors American Family Ventures, Fin Capital, and Selah Ventures with additional support from existing investor Alicorn. Founded in 2021, Entrio helps companies manage and monitor their software stack. The platform continuously maps all third-party solutions, including where they are used and how

Source: Entrio extends funding round to $11 million