Funding

20 stories about Funding
Semperis עובדי סמפריס

June 2024 in Israeli tech funding: $556 million in 12 deals

01.07.24|CTech
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

27.06.24|CTech
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
מטוס של אזול איירליינס חברות תעופה

Fetcherr nets $90 million for GenAI pricing engine

26.06.24|CTech
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 team

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 Roee

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

25.06.24|CTech
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 team

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 founders

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

16.06.24|CTech
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

16.06.24|CTech
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
Wiz founders

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

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