“Israeli Startup Nation Highlights: Top 5 Breakthrough Unicorn Companies This Month

Israel Startup Nation Top Five Startup/Unicorn Stories for November 2024

As the Iron Swords War against Hamas terrorists in Gaza is well into its second year and more than 100 Israelis are still held hostage there, Israel Startup Nation must continue to move forward and keep the Israeli economy afloat.

After a sharp decline in the days after the October 7 Hamas massacre, the New Israel Shekel rebounded and has been stable – trading around the 3.7 Shekel to the US Dollar mark for the past year.

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Here now are Jewish BusinessNews’ top five Israel Startup Nation/Unicorn stories from November 2024:

Time Magazine Names 9 Israeli Startups Among ‘Best Inventions of 2024’ List
Time Magazine released its list of the “Best Inventions of 2024,” which includes nine Israeli startups. Startup Nation Israel continues to impress the world with its innovations and cutting-edge technologies.

The nine Israeli firms on the Time Magazine list include Aporia, BeeHero, D-ID, InnerPlant, Laguna Health, Nanox, OrCam and UVeye… read more here

Israeli Cloud Backup Startup Eon Reaches $1 Billion Unicorn Valuation
Eon, an Israeli startup that offers a “next-generation cloud backup solution,” has hit the coveted “Unicorn” status – a valuation for a startup of $1 billion or more. Israeli business publication Calcalist got the scoop, reporting that the firm hit a $1 billion valuation just six weeks after it first emerged from stealth at the start of October.

Cloud Backup Posture Management is a critical aspect of… read more here

I-EcoGuard: Israeli Arab Entrepreneurs Revolutionize Sustainable Greenhouse Farming Technology
With all of the talk about Israel Startup Nation people forget that Israeli Arabs are also an integral part of the Israeli high-tech sector. I-EcoGuard is an Israeli agritech startup founded by Israeli Arabs focused on developing innovative solutions for sustainable and efficient greenhouse farming. Their core technology is a smart greenhouse cover that utilizes nanotechnology to autonomously regulate temperature, creating an optimal growing environment for crops… read more here

Israeli Cloud Data Security Startup Cyera Joins Super Unicorn Club with $3 Billion Valuation
Cyera is an Israeli startup offering cloud data security and a unicorn that is now a super unicorn with a $3 billion valuation. The firm hit that mark, doubling its previous valuation in just six months, when it raised $300 million in a Series D round of funding led by Accel and Sapphire Ventures.

Cyera hit the coveted unicorn status – a billion dollar plus valuation – in April when it reached a $1.4 billion valuation after raising $300 million…read more here

Israeli Cloud Security Startup Upwind Nears $900 Million Valuation with Real-Time Protection Platform
Upwind Security is an Israeli startup that develops a security platform that protects cloud infrastructure in real time. The firm is set to hit a valuation as high as $900 million with a new $100 million Series B funding round it expects to close this week.

Upwind seeks to streamline the overwhelming volume of alerts generated by threat detection tools, aiming to reduce them by 90%…read more here

Honorable Mention:

Israeli Startup MIND Launches AI-Powered Data Loss Prevention Platform to Revolutionize Enterprise Data Security
MIND, a new Israeli startup that just came out of stealth, calls itself the upcoming leader in data loss prevention (DLP), and boasts a breakthrough platform to enable organizations to protect their most sensitive data. MIND raised $11 million in seed round funding led by YL Ventures with participation from leaders at public cybersecurity companies.

An intelligent data loss prevention (DLP) platform is a cybersecurity solution that leverages artificial intelligence (AI) and machine learning (ML) to automatically… read more here

Voice AI Technology Startup Kardome Innovates Speech Recognition Solutions | Israeli Tech
Kardome is an Israeli startup that develops voice AI technology. The firm raised $10 million in a Series A round of funding led by Korea Investment Partners.

Voice AI, also known as voice artificial intelligence, is a technology that enables computers to understand and respond to human speech. It encompasses a range of techniques, including speech recognition, natural language processing… read more here