May 2025 in Israeli tech funding: Over $950 million in 18 deals
Mega rounds by AI21 Labs and Classiq meant Israeli startups raised nearly $1 billion over the past month.
Over $950 million was raised by Israeli startups across 18 deals in May, a decline of more than 30% compared to the over $1.4 billion raised during the same month last year. However, more than two-thirds of last May’s total came from a single deal: Wiz’s record-setting $1 billion round.
Full list of Israeli high-tech funding rounds in 2025
The largest deal officially registered in May was by AI21 Labs, which secured a $300 million Series D. The other mega round came from quantum computing company Classiq, which raised $110 million in a Series C.
Five other companies raised over $50 million each: Orca AI ($72.5M), Empathy ($72M), Ox Security ($60M), Kela ($60M), and PhaseV ($50M).
See the full list of May’s deals below. (This includes funding rounds of over $5 million that were officially announced during May):
29.5.25
Buildots raises $45M at $300M valuation to modernize global construction with AI
The Israeli startup aims to cut project delays in half and expand across North America and Europe
Empathy raises $72M Series C to streamline grief support and estate management
With backing from insurance giants, the startup is scaling its AI-powered bereavement platform across North America
28.5.25
Guardicore founders raise $32 million for new stealth cyber-AI startup
After three years at Akamai, which acquired Guardicore for approximately $600 million in 2021, Pavel Gurvich and Ariel Zeitlin have launched a new venture that has already received significant backing from VC firms Greylock and Battery
27.5.25
Traceloop raises $6.1 million in Seed funding to to stop AI agents from going rogue
The Israel startup offers observability and testing tools to prevent generative AI failures in production
Fintech startup Sequence raises $7.5M to automate consumer and SMB finances
The Israeli company aims to automate and optimize finances across banks, loans, credit cards, and savings
26.5.25
Sweep raises $22.5M Series B to embed AI directly into business infrastructure
Backed by Insight Partners and Bessemer, the Israeli startup powers self-evolving GTM systems for firms like Brex and SailPoint
22.5.25
Rhino Federated Computing raises $15M Series A to power AI without sharing data
The startup bets on federated AI as the key to innovation in health, finance, and biopharma
21.5.25
The stealth Israeli startup is the year’s biggest defense-tech Seed deal, as founders turn focus from gaming and cybersecurity to battlefield innovation
13.5.25
Israeli startup Celery secures $6.25 million in Seed to bring AI to financial controls
Company targets labor-heavy industries with audit agents that replace manual reviews
Somite AI secures $47.5 million Series A to expand AI platform for cell therapy
The company is developing DeltaStem, an AI-driven platform designed to improve the production of human cells for therapeutic use
PhaseV raises $50 million Series A to rethink how drugs get to market
With over 30 global customers, the AI startup targets inefficiencies in clinical trials
Defense startup Kela raises $60 million, reaches $100 million in first-year funding
Founded after the October 7 attacks, the company is developing a battlefield operating system to help militaries integrate AI and commercial tech
12.5.25
Classiq raises $110 million in Series C: “We are building the Microsoft of quantum computing”
With a groundbreaking investment, Classiq aims to lead the future of quantum software, positioning itself as a cornerstone in the rapidly growing quantum computing market
10.5.25
AI21 Labs raising $300 million Series D to build reliable AI for enterprise
Backed by Google and Nvidia, the Tel Aviv company aims to challenge frontier AI firms with a new system for enterprise reliability
7.5.25
Onebeat raises $15M to disrupt how retailers manage inventory
Israeli firm says it can reduce unsold goods by replacing forecasts with adaptive AI systems
Ox Security raises $60M Series B to cut through cyber noise
By focusing only on threats that matter, the Israeli firm is challenging how enterprises approach AppSec
Sett raises $15M Series A to help mobile games win with AI-powered storytelling
The Israeli company offers studios scalable tools for content creation and player engagement
6.5.25
Orca AI secures $72.5M in Series B to advance AI-powered maritime navigation
With over 80 million nautical miles of visual data, the startup aims to lead the future of autonomous shipping
