Full list of Israeli high-tech funding rounds in 2024
Despite facing many challenges in raising money, Israeli startups continue to attract funding from across the world
24.4.24
Nagomi Security raises $23 million Series A for proactive defense platform
The Israeli startup’s platform helps security teams prioritize the most urgent risks based on an organization's unique threat profile and provides prescriptive and actionable remediation plans to reduce threat exposure using existing tools
18.4.24
Magnus Metal raises $74 million Series B to digitize metal casting
Magnus Metal is innovating the centuries-old metal casting industry by providing an Industry 4.0 based fully automatic manufacturing solution that aims to make the process faster, safer, and environmentally friendly
17.4.24
Cynomi raises $20 million Series A to automate CISO tasks for SMEs
The company’s platform combines AI with CISO-level knowledge to automate many vCISO tasks, typically at a lower cost than hiring an in-house CISO
AI precision spraying startup Greeneye Technology raises $20 million
Greeneye’s solution, which harnesses AI in combination with cutting-edge hardware to identify weeds among crops with high accuracy and spray chemicals only where they are needed, is proven to reduce herbicide use in farming by 88%
The company helps organizations manage their third-party API attack surface with AI-driven detection, threat intelligence, and remediation capabilities.
16.4.24
Bridgewise nets $21 million Series A for AI-based analysis platform for global securities
The startup’s platform provides a suite of products that include detailed AI generated reports and on-demand analysis of any financial instrument or security
Dot Compliance raises $17.5 million in Series B extension to promote AI-driven compliance
Founded in 2015, Dot Compliance offers a ready-to-use Quality Management System powered by the Salesforce platform
Take2 AI raises $3M in Seed to simulate sales recruiting jobs with AI
The company recreates role-specific scenarios that help immerse sales applicants into the potential position, vet their cultural fit within a company, and offer performance data to employers
Snappy raises $25 million Series D at half its previous valuation
The company, which laid off almost a third of its workforce last January, did not disclose its valuation in the round, but it is estimated to be in the region of $180-200 million, half of the value it received when it raised a $70 million Series C three years ago
Somite raises $5.3 million to incorporate AI in stem cell therapy
The team of five scientists includes Micha Breakstone, an Israeli AI entrepreneur who sold Chorus.ai for $575 million
11.4.24
Knostic raises $3.3 million for enterprise GenAI access control
Companies are increasingly adopting LLMs and other tools to create ChatGPT-like systems but with their own local knowledge. However, these systems might also introduce business risks, potentially exposing content outside of an employee’s need-to-know basis such as bonuses, sales revenue, and mergers and acquisition information
10.4.24
Guesty raises $130 million at $900 million valuation, eyeing IPO in 2025
Operating in over 80 countries, Guesty’s platform provides both enterprise and SMB property managers as well as individual hosts with tools to manage the entire rental journey
Datafy raises $6 million Seed round led by Insight Partners to optimize cloud storage
The Israeli startup says it offers up to 50% savings on storage costs and provides a self-optimizing, developer-independent solution
The startup’s platform provides cybersecurity extended detection and response (XDR) for connected vehicles and IoT
PVML receives $8 million in Seed for its secure AI-powered data access platform
The Israeli startup, founded by husband and wife Shachar Schnapp and Rina Galperin, aims to democratize secure access to enterprise data based on two pillars: Differential Privacy and AI
9.4.24
The company has registered rapid growth since raising $100 million at a $500 million valuation last June
Spines raises $6.5 million for AI-driven platform to upend hundred-year-old publishing process
The Israeli startup’s platform reduces publishing time from six months to two weeks while reducing costs by 30% and offering a suite of services for every stage of the journey
Six months after coming under Hamas attack, Carrar raises $5.3M for its battery modules for EVs
The startup's offices and team are located in Sderot and were attacked by Hamas terrorists on October 7
3.4.24
Former senior Intel exec raises $24 million in Seed funding for AI-powered video security platform
Lumana's platform analyzes organizations' video in real-time to provide visibility when critical events occur
Spatial AI biomarker startup Nucleai raises $14 million led by Merck’s VC arm
Leveraging AI and machine learning, Nucleai analyzes pathology images and spatial data at the cellular and tissue levels. The proprietary technology extracts detailed patterns and features from medical images, offering insights into the tumor microenvironment, cellular morphology, and spatial relationships between different cell types
2.4.24
AI chip unicorn Hailo raises another $120 million to bring GenAI to edge devices
The Israeli startup, which took its total funding to $340 million, also announced the Hailo-10, its newest AI accelerator specifically designed to process LLMs at low power consumption for the personal computer and automotive industries
28.3.24
Nominal raises $9.2 million in Seed funding to modernize enterprise planning with GenAI
Nominal’s platform uses generative AI and cloud technology to bridge the gap between legacy ERP (enterprise resource planning) systems and standard spreadsheets for accounting and financial management in mid-market businesses
Cyber startup Coro nets $100 million Series D to make enterprise-grade security accessible to all
The Israeli startup, which took its total funding in the past 24 months to $255 million, offers an enterprise-grade security software platform to SMEs covering endpoint protection, email and user protection and network and cloud protection
Zafran, founded in 2022 by Yashar (CEO), Ben Seri (CTO) and Snir Havdala (CPO), develops a risk and mitigation platform to pinpoint the ‘exploitable’ threats in the organization and to mitigate their risk by mobilizing existing security controls
25.3.24
FundGuard secures $100 million Series C for AI-powered investment platform
The Israeli startup’s platform helps asset managers and their service providers to manage mutual funds, ETFs, hedge funds, insurance products, and pension funds, supporting digital transformation, operations automation, AI-based insights, resiliency, and migration to the cloud
Foundational nets $8 million in Seed funding to bring AI agents into data engineering
The Israeli startup, which raised funding from Viola and Google's AI-focused fund Gradient, helps data and analytics teams to confidently push continuous code changes, safeguarding against frequent issues and harmful incidents that affect critical data
20.3.24
BigID raises $60 million at over $1 billion valuation as it closes on $100 million in ARR
The Israeli startup, which develops solutions for data security and compliance for the public and private cloud, recently introduced new data hygiene capabilities for the generative AI data pipeline
19.3.24
NeuReality raises $20 million to make AI data centers faster and cheaper
The Israeli startup’s efficient AI-centric system architecture enables companies to run generative AI applications and large language models (LLMs) without overinvesting in scarce and underutilized GPUs
Euno raises $6.25 million in Seed funding for data model governance platform
“Our mission is clear – to untangle the toughest knots for data teams and give peace of mind to organizations with their data governance. No matter how fast the company scales,” said CEO Sarah Levy
13.3.24
IO River raises $5.4 million Seed round to optimize Internet content delivery
The Israeli startup’s platform for managing multiple edge platforms ensures that users get the fastest, most cost-effective content served automatically by the optimal edge locations
12.3.24
Empathy raises $47 million Series B for platform that assists with grief and the loss of a loved one
In the past three years, Empathy has made a full range of assistance with grief, estate settlement, probate and more available to 5 million employees and 35 million policyholders across the US
7.3.24
Fijoya raises $8.3 million Seed for employer-sponsored healthcare platform
The Israeli startup’s AI-driven recommendation engine matches employees with the precise health services they need from thousands of options available in the platform
6.3.24
Former Israeli military cyber chiefs net $33 million Series A for cloud security startup
Sweet Security leverages deep runtime analysis to identify and address cloud risks
Cyber unicorn Claroty raises $100 million, surpasses $100 million in ARR
The Israeli company, which raised the money through a combination of equity and credit, took its total funding to date to $635 million
5.3.24
"Axonius has gone from zero revenue to exceeding $100 million in ARR in just 4.5 years, making us one of the fastest growing cybersecurity companies,” said Dean Sysman, CEO of Axonius
Utila nets $11.5 million Seed funding for institutional crypto operations platform
The Israeli startup’s platform allows institutions and developers to manage their digital assets with its non-custodial, secure, and chain-agnostic wallet
4.3.24
Healthee secures $32 million Series A for employee healthcare platform
The startup's platform offers individualized, immediate, and straightforward responses to inquiries about coverage, treatment, and benefits, as well as complete assistance throughout the Open Enrollment process
28.2.24
Slice raises $7 million Seed round for AI-powered equity compliance platform
The Israeli startup’s platform automatically ensures that all global equity operations are compliant and tax-optimized to maximize and protect the benefits of equity plans, both for employers and employees
27.2.24
Exodigo adds $105 million in new funding to modernize underground mapping
Combining multiple types of powerful sensors, 3D imaging, cloud computing simulations and a proprietary AI platform, the Israeli startup fuses massive amounts of data into one map so companies can see risks and assets underground
21.2.24
Loora lands $12 million Series A for generative AI English learning platform
The Israeli startup provides English language learners with an app-based platform that harnesses AI specifically built, trained, and optimized for gaining practical fluency through personalized learning
Faddom raises $8 million Series A for IT operations platform
The Israeli startup’s platform discovers, visualizes, and protects a company’s entire hybrid IT infrastructure – whether on-premise, virtual, in the cloud, or a hybrid combination of them – in as little as 60 minutes
BRIA raises $24 million Series A for ‘ethical’ visual generative AI platform
The Israeli startup collaborates with many of the world’s leading stock image providers and manages over one billion licensed images. These images are used to train BRIA’s text-to-image foundation models while ensuring the original creators, artists, and media companies receive royalties to fairly compensate for their images’ contribution to the final generated output
DustPhotonics raises $24 million in Series B follow-on
The Israeli startup, which develops silicon photonics for hyperscale data center and AI applications, has built a platform for the optical network market, offering improvements in bandwidth and speeds while lowering costs and power
15.2.24
Clarity raises $16 million in Seed funding to defend against deepfakes
The Israeli AI startup enables organizations to rapidly identify and eliminate deepfakes and synthetic media created by generative AI
The Israeli startup is building a modular network making it easy for developers and users to access blockchain through RPC & indexing
14.2.24
KTrust emerges from stealth with $5.3 million to detect Kubernetes exposures
Its Continuous Threat Exposure Management (CTEM) platform discovers creative attack paths and maneuvers around existing security measures to identify and validate actual exposures
13.2.24
Seal Security secures $7.4 million Seed funding to secure open source with GenAI
With software supply chain attacks on the rise, the Israeli startup’s platform leverages generative AI to provide customers with a remediation solution to this growing challenge
8.2.24
Smart label startup Sensos raises $20 million Series A
The Israeli startup’s globally-connected labels, which are the size of a credit card, report 6-dimensional telemetry shipment data in real time, without requiring any additional infrastructure
6.2.24
Octup raises $4 million pre-Seed for operational AI-driven e-commerce platform
The company focuses on processing and consolidating data from various operational domains, including marketing, last-mile delivery, customer support, and warehousing
IONIX raises adds $15 million to Series A to expand threat exposure management platform
The Israeli startup’s platform allows security teams to visualize and prioritize hundreds of attack surface threats into a manageable set of specific, actionable insights
5.2.24
Crypto mobile payment app Oobit raises $25 million Series A
The Israeli-founded startup allows crypto holders to tap and pay at more than 100 million retailers globally where Visa and Mastercard are accepted, while merchants receive fiat currency
31.1.24
Aim Security raises $10 million to secure GenAI enterprise adoption
“This enormous risk surface is replete with unique attack vectors that existing security solutions cannot sufficiently address,” said Matan Getz, CEO and Co-founder of Aim Security
Travel booking startup Joyned secures $8 million in Series A
Joyned’s AI-based social revenue platform identifies critical data such as price perception and sentiment analysis, giving travel sites access to a comprehensive overview of the customer booking journey
Oasis Security raises $35 million Series A to resolve non-human identity security challenge
The Israeli startup’s platform automatically discovers all non-human identities across all environments, providing visibility and risk assessment with vulnerability auto-remediation
24.1.24
Sequence secures $5.5 million to ‘reshape the personal finance industry’
The company helps users visualize their money, automate payments to boost savings and optimize finances, take more direct action, and make financial management more accessible
Prompt Security receives $5 million in Seed to secure generative AI
The recent lawsuit against OpenAI filed by The New York Times alleging that ChatGPT can output almost-verbatim article excerpts in its responses highlights the potential for generative AI tools to leak training data
23.1.24
Bluewhite raises $39 million to bring autonomous innovation to farms worldwide
The company’s product is retrofitted onto any tractor and leverages computer vision and AI to navigate and execute multiple tasks autonomously, from crop seeding and spraying to mowing and harvesting
Silverfort raises $116 million Series D for identity security platform
According to the company, the investment follows another record year of more than 100% growth where Silverfort added tens of millions in new Annual Recurring Revenue (ARR)
Cyber startup Torq adds $42 million to Series B
According to the company, it registered 300% revenue growth and 500% customer growth in its third year of operation in 2023
17.1.24
Cyber startup Vicarius raises $30 million Series B for vulnerability remediation platform
Since the company’s last round of funding in 2022, Vicarius has grown its customer base to over 400 customers, adding global organizations like PepsiCo, Hewlett Packard Enterprise (HPE), Bupa, and Equinix
SeeTree secures $17.5 million Series C for its Tree Intelligence Platform
The company has developed an AI-based system that offers per-tree intelligence to growers to track the health and productivity of their trees
16.1.24
The Israeli startup’s platform enables OEMs across different industries to cloudify, service, support, and commercialize their connected devices
12.1.24
WaveBL extends Series B to $37 million to expand blockchain-based digital trade document platform
The Israeli startup’s platform enables the instant, encrypted, and authenticated transfer of electronic Bills of Lading and related trade documents. The platform is designed to meet the needs of all parties involved in trade, including shipping companies, agents, brokers, and banks
11.1.24
Cyabra adds former Secretary of State Mike Pompeo to Board of Directors, $5.7 million to Series A
Through its AI technology, Cyabra exposes malicious actors, disinformation, bot networks, and GenAI text and images
10.1.24
Ask-AI raises $11 million for its Generative AI assistant for enterprise workflows
Its solution is designed to improve efficiency in repetitive tasks, knowledge management, and understanding the needs of customers
9.1.24
Insurtech startup DigitalOwl raises $12 million from insurance giant RGA
The Israeli startup's platform provides automated reading, summarization, and analysis of medical records for insurance companies and lawyers, providing real-time, highly accurate assistance in their underwriting, claims settlement, and fraud prevention processes
Anecdotes raises $25 million Series B to boost compliance operating system
According to the company, it has more than threefold its ARR over the past year, primarily driven by the expansion of the U.S. customer base, which now includes prominent names such as Lifelabs, Snowflake, Coinbase, Aristocrat, SoFi, Grafana, Payscale, and more
8.1.24
This announcement extends the Israeli startup’s recent $15 million Series A and comes on the back of the launch of its latest product, Katina, which provides clinical researchers with an AI-guided workflow that simulates hundreds of thousands of potential trial protocol combinations of patient groups, treatment parameters and different endpoints, to maximize the trial success probability
3.1.24
Aqua Security raises $60 million at over $1 billion valuation
The cyber unicorn, which has now raised $325 million since its founding in 2015, said the new funding is an extension of its Series E from March 2021
Full list of Israeli high-tech funding rounds in 2023
