2 days ago
7
ARTICLE AD BOX
Tel Aviv at sunset, Israel
Israel Tech Startups and Innovations: Weekly Roundup March 1 – March 7, 2025
New Startups / VC Funding
VC Fundraising Hits 10-Year Low: Israeli Tech Ecosystem Faces Funding Decline
The downtrend in venture capital (VC) fundraising for Israel Startup Nation continues, reaching its lowest point in a decade, with just $1.15 billion raised across 21 funds in 2024. According to the latest IVC – GNY – KPMG Investors Report, the Israeli tech ecosystem is experiencing a significant slowdown in capital flow, affecting startups and investment activity.
The report provides an in-depth analysis of fundraising and investment trends by Israeli VC funds, the availability of… Read More Here
AI Clinician Assistant Freed Secures $30M Series A to Revolutionize Medical Documentation
Freed, an Israeli startup offering an AI-powered clinician assistant designed to streamline medical documentation and reduce administrative burdens, has raised $30 million in a Series A funding round. Led by Sequoia Capital. This latest investment brings Freed’s total funding to $34 million, solidifying its position as one of the fastest-growing health-tech startups in the U.S. With its advanced AI capabilities, Freed aims to enhance efficiency for healthcare professionals, allowing them to focus more on patient care… Read More Here
Knostic Secures $11M to Enhance Enterprise Generative AI Security
Knostic, an Israeli startup and the pioneering provider of need-to-know access controls for Generative AI, has secured an $11 million investment led by Bright Pixel Capital with follow-on investments from new and previous investors to strengthen enterprise Large Language Model (LLM) security. This funding will fuel Knostic’s mission to support businesses in their AI transformation by integrating a customizable safety layer into leading AI-powered tools, including Microsoft 365 Copilot and Glean. With this latest investment, Knostic’s total… Read More Here
CaPow Secures $15M Series A to Revolutionize Robotic Fleet Power Delivery
CaPow, the Israeli startup and provider of Genesis, an in-motion power delivery solution for robotic fleets, has successfully raised $15 million in Series A funding. The investment will accelerate global expansion and drive market growth, solidifying CaPow’s role as a category-defining leader in industrial automation through cutting-edge wireless power delivery.
The funding round was led by Toyota Ventures, with participation from Elements VC and continued support from… Read More Here
Israeli Fintech Startup Grain Secures $33M Series A to Revolutionize FX Optimization
Grain, a leading Israeli fintech startup specializing in foreign exchange (FX) optimization, has raised $33 million in a Series A funding round led by Bain Capital Ventures. This latest investment brings Grain’s total funding to over $50 million, reinforcing its position as a key player in automated FX risk management.
Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
The Series A round follows an $18 million Seed round raised in 2022, which was only recently disclosed. The funding highlights the increasing demand for AI-driven FX solutions, as global commerce faces… Read More Here
Israeli AI Startup Alta, Co-Founded by a Woman, Secures $7M in Seed Funding and Launches from Stealth
Israeli startup Alta, an AI-driven revenue workforce solutions provider co-founded by a woman, has officially launched from stealth after raising $7 million in seed funding. The financing round was led by Entrée Capital and Target Global.
A large language model (LLM) is a sophisticated artificial intelligence (AI) program that excels at understanding and generating human language. LLMs are designed to process and produce text, enabling… Read More Here
Politics
Israel to Approve Historic $1.08 Billion Five-Year Plan for Druze and Circassian Communities (2025-2029)
The Israeli government is set to approve its largest-ever five-year plan for the Druze and Circassian communities, allocating $1.08 billion (NIS 3.9 billion) for socioeconomic development from 2025 to 2029. The decision, led by Prime Minister Benjamin Netanyahu, will be submitted for approval on Sunday, March 9, 2025, and will focus on key regions, including the Galilee, Mt. Carmel, and the Golan Heights.
The initiative, spearheaded by… Read More Here
Mergers and Acquisitions
Armis Acquires Israeli OT Security Startup Otorio for $120M to Strengthen Cyber-Physical Protection
Armis, a global leader in cyber exposure management and security, has acquired Israeli startup Otorio, a specialist in operational technology (OT) and cyber-physical systems (CPS) security. The deal, valued at approximately $120 million in cash and shares, enhances Armis’ capabilities in safeguarding critical infrastructure and industrial networks. This strategic acquisition positions Armis as a dominant force in OT and CPS cybersecurity, reinforcing its commitment to securing connected environments against… Read More Here
Boston Scientific to Acquire Israeli MedTech Startup SoniVie, Advancing Hypertension Treatment with TIVUS Technology
Boston Scientific Corporation has officially entered into a definitive agreement to acquire Israeli medtech startup SoniVie Ltd., an Israeli-based medtech startup specializing in innovative intravascular ultrasound solutions, in a deal worth up to $600 million. SoniVie, a privately held medical device company, has developed the TIVUS™ (Therapeutic Intravascular Ultrasound) System, an investigational technology designed to treat hypertensive disorders by denervating… Read More Here
English (US) ·