IsraelTech

24/07/2025

🌐🇮🇱 This Week in IsraelTech:

1. Aidoc Raises $150M to Expand Clinical AI Platform
Aidoc just locked in $150M (including $40M in debt) to grow its real-time clinical decision support into oncology and surgical care. Already active in 2,000+ hospitals, it’s building the AI operating layer for modern medicine.
🧠🏥 Kol hakavod to Elad Walach, Michael Braginsky, Guy Reiner, and the team driving medical AI that actually works at scale.
💼 Funding led by General Catalyst and Square Peg, with NVentures (NVIDIA), AWS, and major U.S. health systems joining.

2. April Secures $38M to Fix US Taxes with AI
April just became the first startup since 2008 to win regulatory approval to operate its tax platform in all 50 U.S. states.
🧾💡 Big win for Daniel Marcus and Ben Borodach, helping people and businesses plan, pay, and file smarter with AI.
💼 Round led by QED Investors with iAngels, Euclidean, NYCA, Team8, Transpose, Treasury, and Industry Ventures.

3. New Era Capital Closes $120M to Back Post-War AI Startups
New Era’s third fund will support early-stage Israeli companies in cyber, fintech, mobility, and enterprise AI — betting on resilience, smart teams, and post-crisis momentum.
📊🇮🇱 Great job to Gidi Argov, Ran Simha, Ziv Conen, and Ayelet Frish for putting real capital behind Israel’s recovery.

4. Octup Raises $12M to Bring AI to 3PL Operations
Octup’s AI platform is helping logistics teams move faster with forecasting, exception management, and SLA tracking, all in real time.
📦🧠 Congrats to founder Alon Partuk and the growing team in Tel Aviv, Austin, and Toronto.
💼 Seed round led by Shine Capital and JAL Ventures, with Tal Ventures, HCS Capital, and Stone Capital joining.

5. Daylight Security Emerges from Stealth with $7M for Hybrid MDR
Daylight blends automated AI agents with human analysts to help enterprises cut response times and reduce alert fatigue.
🛡️🧠 Congratulations to Hagai Shapira and Eldad Rudich - 8200 vets and ex-Torq leaders - for tackling MDR burnout head-on.
💼 Seed funding led by Bain Capital Ventures, with Maple VC and cyber angels from Torq, Cyera, and EON.

Sources: CTech, Globes, Calcalist, FinSMEs, Axios

The weekly roundup is brought to you by The Recruitery, helping Israeli cybersecurity startups find top GTM talent across global markets.

Follow IsraelTech for the founders, funds, and firepower shaping the next chapter of Israeli innovation 🇮🇱💡

17/07/2025

AI Can Write Code. But It Can’t Optimize It.

That blindspot? Meni Shmueli built DataFlint to fix it.

After years in Unit 81 and deep in the trenches of AI and big data, Meni saw the problem firsthand: GitHub Copilot and friends can generate code, but when it hits real-world scale - production clusters, terabytes of data, performance bottlenecks - they break.

DataFlint gives AI the context it’s missing. It integrates with code editors, retrieves actual performance data, and enables AI to write code that runs at scale.

In this episode:
- Why AI coding tools fail when real data enters the chat
- How DataFlint turns production pain into optimized code
- What Meni learned about scale, speed, and system design from Unit 81
- Why big data is still a community game - and how DataFlint’s leading it
- The future of engineers who know how to code with AI, not just use it

If you're into AI infrastructure, data engineering, or wondering where the next big bottleneck in coding will be - this one's for you.

Hosted by Yoel Israel

17/07/2025

🌐🇮🇱 This Week in IsraelTech:

1. AT&T Buys $650M Stake in DriveNets
DriveNets, a longtime Wadi client, just closed a major secondary deal with AT&T, giving founders, employees, and early investors a well-earned payout. The networking company continues to expand its global telecom footprint.
🌐📡 Kol hakavod to Ido Susan, Hillel Kobrinsky, and our friends on the DriveNets team for years of relentless ex*****on.
💼 Investors cashing out include Pitango, Bessemer, D2, D1 Capital, Atreides, and Harel.

2. Exodigo Raises $96M for Underground Mapping Expansion
Exodigo, the underground intelligence startup founded by veterans of Unit 8200 and 81, raised $96M to scale its AI-powered mapping platform across the U.S. and global infrastructure markets.
🛠️🧠 Congrats to Jeremy Suard and the Exodigo team for setting a new standard in subsoil scanning and delivering 99% accuracy without digging.
💼 Round led by Zeev Ventures (Oren Zeev, Peter Thiel) and Greenfield Partners, with participation from Jibe Ventures, 10D, Square Peg, Vintage, and LeBlon Capital.

3. XTEND Adds $30M to Series B for Tactical Drone Expansion
XTEND topped up its Series B to $100M as autonomous drone demand surges. With a new HQ and manufacturing site in Tampa, the company is scaling fast in the U.S.
🛩️ Mazal tov to Aviv and Matteo Shapira, Rubi Liani, and Adir Tubi for delivering real defense innovation.
💼 Round co-led by Aliya Capital Partners (Ross Kestin) and Protego Ventures, joined by Claltech, Union-Tech, Chartered Group, and TAU Ventures.

4. Heka Raises $14M to Fuel Web Intelligence in Finance
Heka helps financial institutions fill critical risk and fraud gaps using AI that analyzes open web data. Now it’s expanding deeper into the U.S. and Europe.
🧠💳 Congratulations to Rafael Berber, Ishay Horowitz, and Idan Bar-Dov for building a sharper lens into customer behavior.
💼 Funding led by Windare Ventures, with Barclays and Cornèr Banca joining the round.

5. Island Adds J.P. Morgan to $5B Series E Round
J.P. Morgan Growth Equity Partners joined Island’s already high-profile Series E, backing its Enterprise Browser solution now used by six of the 10 largest U.S. banks.
🔐🧠 Credit to Mike Fey, Dan Amiga, and the Island team redefining how enterprises secure and scale the work experience.
💼 Series led by Coatue, with participation from Sequoia, Insight, Cyberstarts, Capital One Ventures, and more.

6. Hourly Merges with WeSure US at $53M Valuation, Raises $10M
Israeli-founded Hourly is merging with WeSure to expand its payroll and insurance services across the U.S. SMB market.
🧾💼 Congrats to Tom Sagi, the late Shay Litvak, and Amir Faintuch for creating a platform that hourly workers actually rely on.
💼 Merger includes a new $10M raise from Glilot, S-Capital, Vintage, MS&AD Ventures, J-Ventures, and WeSure shareholders.

Sources: CTech, Globes, FinSMEs, Business Wire

The weekly roundup is brought to you by The Recruitery, a global recruitment firm that helps early-to-midstage cybersecurity companies access top GTM talent overseas.

Follow IsraelTech for the latest on the startups, funds, and founders driving Israeli innovation 🇮🇱💡

15/07/2025

Cyberstarts Launches $300M Fund for Startup Employee Liquidity

The Tel Aviv-based cybersecurity VC just unveiled a $300 million Employee Liquidity Fund, giving talent at its portfolio companies a structured way to sell vested shares without jumping ship.

💰 Big move for retention and morale at top Israeli-founded companies like Wiz, Island, and Cyera.
🎉 Congrats to founder Gili Raanan, Hila Zigman, and the team for rethinking VC with a talent-first approach.

Funding brings Cyberstarts’ total capital commitments past $1B.
Source: Business Wire

15/07/2025

The Most Active VC in Israel. Ignite DeepTech Spring Cohort Graduation. A $320M Fund.

Read our most recent newsletter and subscribe here:

This Week in IsraelTech - Tomorrow’s Tech? Already Funding It! ft. Yuval Illuz from OurCrowd

14/07/2025

We spent the day with two inspiring women making a real impact on Israel’s startup scene.

We started with Nina Raab of LionRun Consulting, who broke down what makes a pitch deck clear, compelling, and investor-ready - from structure to storytelling.

Next up was Adi Levanon, solo partner at Selah Ventures, who shared her perspective on the FinTech landscape - where it’s headed, what’s missing, and how early-stage founders can stand out.

Two different perspectives, one shared purpose: helping startups tell their story and build better companies.

🎥 Full interviews coming 🔜

14/07/2025

Is Your Business Built for the AI Revolution?
Insights from illumex.ai Founder & CEO Inna Tokarev Sela on Enterprise AI, Global Competition, and the Road Ahead

Inna Tokarev Sela isn’t here to follow trends. As the sole founder and CEO of illumex.ai, she’s focused on helping enterprises act faster and make better decisions based on facts.

In a conversation with IsraelTech’s Yoel Israel, Inna Tokarev Sela broke down what it really means to build a company with AI at its core and why every serious business needs to rethink its approach to data.

13/07/2025

🌐🇮🇱 Today in IsraelTech:
Parter Raises $5.5M to Tackle Hardware Supply Chain Chaos with AI

Parter is building the AI command center for hardware teams navigating tariffs, shortages, and supplier risks all from one clean interface.

🛠️Congrats to founders Asaf Israelit, Omer Gilat, and Ronen Hoffer for bringing real intelligence to manufacturing ops.
💼 Funding led by StageOne Ventures (Tal Slobodkin), with backing from Zenda Capital, Mercer Ventures, Shmil Levy, and angels from Cisco, Avalor, Datorama, Epsagon, and Innoviz.

10/07/2025

🌐🇮🇱 This Week in IsraelTech:
1. Ryft Raises $8M to End Enterprise Data Lock-In
Founded by Israeli intelligence veterans, Ryft is building an Iceberg-native data platform that gives enterprises full control without vendor lock-in. It's already deployed in finance, cyber, AdTech, and more.

🧠💽 Congratulations Yossi Reitblat, Yuval Yogev, and Guy Gadon for taking on the cloud incumbents.
💼 Seed round led by Index Ventures (Juriaan Duizendstraal), with Bessemer and backing from execs at Wiz, Zscaler, Crowdstrike, and Cisco.

2. Red Dot Capital Closes $320M Fund III
Red Dot just became one of Israel’s largest VC firms, with a new fund backing early-growth companies like Finout, Stigg, Oligo, and Bria AI, and LPs ranging from Israeli institutions to countries without formal ties to Israel.

📈🔥 Amazing job by Yoram Oron, Yaniv Stern, Barak Salomon, Atad Peled, and Danielle Ardon Baratz for raising in the middle of a war.
💼 New LPs include Harel, Meitav, and others from East Asia and the Gulf.

3. Nominal Raises $20M to Automate Finance with AI Agents
Built by the team behind Cognigo (acquired by NetApp), Nominal is taking the manual out of financial ops with agent-based workflows that integrate directly with ERPs.

📊🧠 Congrats to Guy Leibovitz and Golan Naftali for helping finance teams scale without spreadsheets or headcount.
💼 Series A led by Next47, with Workday Ventures, Bling Capital, and Hyperwise Ventures.

4. Restore Medical Secures $23M to Advance Heart Failure Treatment
Restore is building a transcatheter solution for heart failure patients, aiming to replace surgery with a safer, faster approach. Trials in Europe are promising, and a U.S. trial is up next.

🫀A huge win for Israeli medtech. Congrats to CEO Gilad Marom and co-founders Stephen Bellomo, Dr. Elchanan Bruckheimer, and Aaron Feldman.
💼 Series B co-led by Pitango HealthTech and a global strategic partner, with Peregrine Ventures and the EIC Fund.

Sources: CTech, Globes, ACCESS Newswire, Nominal

The weekly roundup is brought to you by The Recruitery, a global recruitment firm that helps early-to-midstage cybersecurity companies access top GTM talent overseas.

Follow IsraelTech for the latest on the startups, funds, and founders driving Israeli innovation 🇮🇱💡

09/07/2025

A Night for the Brilliant Founders

IsraelTech joined Ignite DeepTech last night as the official media partner for their Spring Cohort Graduation Party.

Whether biotech, quantum, or beyond, these founders are building the future of DeepTech in Israel. Their talent, conviction, and long-term focus are exactly what this ecosystem needs more of.

Ignite DeepTech's 12-week accelerator program is built by founders for founders, bringing together leading experts, mentors, and VCs to create the next wave of brilliant startups.

Thank you to the Ignite DeepTech team for bringing it all together.

👇 Check out the highlights and show some love to the companies in this first cohort. These are the ones to watch.

Alon Leibovich, Avi Tel-Or, Tzahi (Zack) Weisfeld, Omri Neuberger, Amit Gorin, Omer Kalfon, Ovi Jacob

Impala.ai, Troup AI, MNDL Bio, DYM-Sense, DataFlint, Particle Lab, SkyPulse, Twine Security, Jazz, Huskeys

WadiDigital - The Tech Marketing Agency, Yoel Israel, Tali Bar-Gil, Revital Moses, Gabriella Katz, Avery Globerman.

09/07/2025

Chemi Peres on Legacy, Innovation, and the Future of Israeli Tech:

From the cockpit to the boardroom, Chemi Peres of Pitango has helped shape Israel’s defense and tech sectors. In this special IsraelTech interview with Yoel Israel, Chemi Peres reflects on legacy, leadership, and the bold future ahead for the Startup Nation.

Read the full blog - link below

09/07/2025

🌐🇮🇱 Today in IsraelTech:
Sticker Ventures Launches With a Sharp Focus on Israel's Consumer Future

A new fund is here. Sticker Ventures, co-founded by Daniel Cohen and Oren Charnoff, is betting big on the next generation of Israeli B2C founders.

🎉 Congrats to Daniel, Oren, and the whole Sticker crew, including Analyst Ophere Evan and NY-based Venture Partner Gil Eyal. 🛍️📱🇮🇱

The fund will focus exclusively on early-stage Israeli consumer startups, spearheading the next wave of consumer innovation in AI, commerce, and experience, aiming to fill the VC gap in one of the country's most quietly maturing ecosystems.

Source: Daniel Cohen on LinkedIn