Israel Tech Startups and Innovations: Weekly Roundup December 7 – December 13, 2024

Israel Tech Startups and Innovations: Weekly Roundup December 7 – December 13, 2024
New Startups / VC Funding
Riverside.fm: Revolutionary Remote Recording Platform Launched by Israeli Tech Innovators
Riverside.fm is an Israeli startup that offers a platform for remote recording. The firm raised $30 million in Series C funding. Led by Oren Zeev’s Zeev Ventures, with participation from Alexis Ohanian’s Seven Seven Six and angel investor Sam Lessin. Riverside has now raised $80 million to date.

Oren Zeev is an investor who has backed companies like Houzz, Audible, Chegg, TripActions, Tipalti, Next Insurance, Sunbit, Homelight… Read More Here

Plant-Based Protein Innovation: Gavan Technologies Leads Israeli FoodTech Revolution
Gavan Technologies is an Israeli foodtech startup that specializes in developing innovative plant-based protein solutions. Their core technology focuses on creating high-quality, versatile, and sustainable protein alternatives. The firm raised $8 million in a Series A funding round led by Israel’s MoreVC, with participation from Lever VC, a global leader in food and agri-tech investment; EIT Food, a European Union-supported platform for sustainable food… Read More Here

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Revolutionizing App Access Management: Astrix Security’s Groundbreaking Cybersecurity Solution
Astrix Security is an Israeli cybersecurity startup that offers the world’s first app-integration access management solution. The firm raised $45 million in a Series B funding round led by Menlo Ventures through their Anthology Fund—a strategic partnership between Menlo and Anthropic—with participation from Workday Ventures and existing investors, Bessemer Venture Partners, CRV, and F2 Venture Capital. This funding advances Astrix’s mission to secure enterprises’ biggest identity blind spot with a revolutionary infrastructure that ensures… Read More Here

Hyro: AI-Powered Voice and Chat Solutions Transforming Healthcare Communication
Hyro is an Israeli startup that offers voice and chat artificial intelligence (AI) for healthcare. The firm raised an additional $15 million in a Series B extension led by Healthier Capital, bringing its total funding to date to $50 million.

Founded in 2018 by CEO Israel Krush and Rom Cohen, Hyro says it is connecting the world, with thousands of AI-powered conversations… Read More Here

Israeli Startup Stigg Introduces First Comprehensive Monetization Solution for Tech Developers
Stigg is an Israeli startup that offers the first unified monetization platform for engineers. The firm raised $17.5 million in a series A funding round led by Red Dot Capital Partners, with participation from Unusual Ventures, Emerge Ventures, Redseed, and Cerca Partners. This funding brings the company’s total investment to $24 million.

Stigg’s foundation lies in a robust entitlement… Read More Here

Evinced: Pioneering Accessible Web and Mobile Development Solutions from Israel
Evinced is an Israeli startup that offers accessible web and mobile development. The firm raised $55 million in a Series C funding round led by existing investor Insight Partners, a global software investor. Evinced has now raised a total of $112 million to date.

Accessible web and mobile development is the practice of designing and developing digital products that are usable by people… Read More Here

Politics
World Central Kitchen Dismisses Dozens of Gaza Workers for Terrorism Ties
American nongovernmental organization World Central Kitchen, which provides food for people in disaster zones around the world, fired 62 of its Palestinian employees in Gaza in response to evidence uncovered by Israeli authorities that proves the fired employees had ties to the Hamas terrorist organization. Some are believed to have taken part in the October 7 Hamas massacre during which 1,200 people were murdered, including entire… Read More Here

Science/Culture
Groundbreaking Archaeological Find: Prehistoric Human Remains Uncovered in Israel
A groundbreaking discovery in the Manot Cave in the Western Galilee, Israel has unearthed the earliest evidence in the Levant (and among the world’s first) of communal worship in caves and the emergence of religious rituals. Researchers believe the ritual complex marks a pivotal moment, signifying the transition from spontaneous worship to structure… Read More Here

Mergers and Acquisitions
Fortinet Acquires Israeli Cybersecurity Startup Perception Point in Strategic Email Protection Deal
Perception Point, an Israeli email and collaboration cybersecurity company that offers fast interception of content-based attacks as a service, is being acquired by American cybersecurity giant Fortinet. The terms of the deal were not disclosed.

Fortinet says its acquisition of Perception Point reinforces… Read More Here

Other Business Stories
Generation Diaspora: Mark Greiz’s Pro-Israel Fashion Brand Empowers Jewish Identity and Support
Mark Greiz has a new and unique way of combating the Israel haters who popped up all over the world after the Hamas terror massacre of October 7, 2023. The Fashion Institute of Technology professor has a new line of clothing called “Generation Diaspora” that lets people use humor to make public statements condemning Hamas on their clothing… Read More Here

Israel’s Breakthrough Wave Energy Power Plant: Eco Wave Transforms Renewable Energy at Jaffa Port
The Tel Aviv-Yafo Municipality and the municipal company Atarim, in collaboration with Eco Wave Power and EDF Renewables Israel, launched Israel’s first pilot station for generating electricity from sea waves at Warehouse 2 at the Jaffa Port. This project is a step towards a greener future. Tel Aviv-Yafo Municipality is leading the charge in fighting climate change. By embracing innovative technologies, the city is taking bold action… Read More Here