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ISRAEL AT WAR - DAY 625

fundraising

The main rehearsal for Israel's Independence Day ceremony, held at Mount Herzl, Jerusalem, on April 28, 2025. (Yonatan Sindel/Flash90)
May 1, 2025, 5:50 am
Israel at 77: Tech economy shows resilience during war, though clouds of change loom
While Israel takes pride in its tech ecosystem, fund managers and tech experts worry that the state is not acting to preserve the talent that keeps the industry thriving
By Sharon Wrobel
By chance, reserve combat paramedic David Citron (middle) runs into decade-long friend Alan Buch, a New York-based venture capitalist, at the Zikim crossing bordering the Gaza Strip, in December 2023. (Courtesy)
April 21, 2025, 4:47 pm
$35 million VC fund launches thanks to reservist’s chance encounter on the Gaza border
Israeli investor David Citron bumped into NY-based venture capitalist Alan Buch while serving in the Israel-Hamas war. Their resulting fund for startups born in combat launches Monday
By Sharon Wrobel
Ilya Sutskever, Israeli-Canadian computer scientist and co-founder and then-chief scientist of OpenAI, speaks at a TED AI conference in San Francisco on October 17, 2023. (Glenn Chapman / AFP)
April 14, 2025, 6:26 pm
Google and Nvidia said to back OpenAI co-founder Sutskever’s safety startup
Safe Superintelligence, co-founded by Israel-raised Sutskever, raises $2b to hire top engineers in Tel Aviv and Palo Alto, and develop safe AI systems that are smarter than humans
By Sharon Wrobel
Israeli security forces at the scene where a drone launched from Iraq hit an open area near the border with Syria on September 25, 2024. (Maor Kinsbursky/Flash90)
March 17, 2025, 11:12 pm
Backed by CIA, defense startup emerges with tech platform for modern battlefield
In response to October 7, Kela raises $39 million to develop a platform for the integration of commercial technologies, such as AI models or sensors, into military systems
By Sharon Wrobel
Team at Israeli cybersecurity startup Dream Security. (Courtesy)
February 17, 2025, 9:07 pm
Israeli AI cybersecurity startup valued at $1.1 billion after major funding round
Founded by Shalev Hulio, former CEO of spyware firm NSO, and ex-Austria chancellor Sebastian Kurz, Dream Security looks to protect critical national infrastructure from attacks
By Sharon Wrobel
Israeli startup Carrar develops battery modules with an internal thermal management system for electric vehicles. (Courtesy)
February 12, 2025, 10:16 pm
Israel’s Carrar to raise $18m for EV battery production line around Sderot frontline
The Israeli automotive startup plans to double its workforce and create its first plant near Sderot to produce EV battery packs with a cooling system to tackle heat dissipation
By Sharon Wrobel
Amazon delivery vehicle is being scanned by Israeli startup UVeye's AI-driven inspection system. (Courtesy)
January 30, 2025, 5:48 pm
Israeli AI startup that scans Amazon vehicles raises $191 million led by Toyota fund
UVeye, developer of an AI-driven scanner that can run full inspections on vehicles, will deploy 850 of its systems at Amazon delivery stations in the US, Canada, Germany and UK
By Sharon Wrobel
Illustrative. Cybersecurity technology. (Stock Depot via iStock by Getty Images)
January 7, 2025, 11:39 pm
In year of war, investment in Israeli cyber startups more than doubles to $4 billion
Fundraising in 2024 was led by Israeli cyber firms that develop technology to protect the cloud and artificial intelligence threats, according to a report by YL Ventures
By Sharon Wrobel
Illustrative: Offices of the Jerusalem Venture Partners tech investment firm in Jerusalem, February 18, 2019. (Hadas Parush/ Flash90)
December 8, 2024, 11:34 pm
Israel is producing fewer new startups, raising concerns about future tech jobs
The past decade has seen the number of newly founded startups plunge 45% and more, creating a potential economic shortfall in the coming years, according to RISE Israel
By Sharon Wrobel
For illustration: Former NBA player and investor Omri Casspi (second from right) tours Israel's devastated south with tech billionaire Elon Musk (right) in November 2023. (Courtesy)
December 2, 2024, 7:18 pm
‘Zionism 2.0’: Former NBA player Omri Casspi raises $60m to invest in Israeli startups
The athlete’s second seed venture capital fund, Swish Ventures, seeks to fund locally founded businesses in cybersecurity, cloud infrastructure and AI
By Sharon Wrobel
Illustrative: Eastech tech campus workspace in East Jerusalem. (Courtesy)
September 30, 2024, 7:23 pm
Investment in Israeli startups slows in third quarter, but is up 32% this year
Capital raised by tech firms in July-September was down 20% compared with previous quarter, but up 40% year-on-year, IVC-LeumiTech data shows
By Sharon Wrobel
Illustrative: A tech development center in Herzliya, Oct 30, 2020. (Gili Yaari/Flash90)
September 23, 2024, 6:34 pm
Slowdown in growth of tech workforce is bad for tax revenue, report warns
Israel Innovation Authority says despite the war, the local tech ecosystem is 3rd-largest global hub for capital raising, but notes that investments flowing largely to cyber firms
By Sharon Wrobel
Israeli startup REE Automotive is a provider of a flat and modular chassis for electric vehicles, including trucks. (Courtesy)
September 16, 2024, 11:41 pm
Israel’s REE inks supply deal with Indian auto parts maker, secures $45m in funds
A maker of a flat, light, versatile chassis that increases energy efficiency in electric cars, REE says the partnership will increase production to meet growing demand
By Sharon Wrobel
Mobileye co-founder and CEO Professor Amnon Shashua speaks at the Nasdaq exchange in New York after the Intel subsidiary went public, October 26, 2022. (Nasdaq)
September 4, 2024, 9:08 pm
Mobileye founder warns about how war, judicial overhaul hurt Israeli tech
Prof. Amnon Shashua says that while Israelis are used to living in a routine of war, the uncertainty puts off foreign investors and clients, hurting the local tech environment
By Sharon Wrobel
Team at European venture capital firm Forestay Capital. (Courtesy)
July 3, 2024, 9:02 pm
European venture capital firm closes $220m fund with focus on Israeli startups
Forestay’s second fund plans to make 10 to 15 investments into startups in Israel and Europe in the fields of enterprise AI, data infrastructure, and cybersecurity
By Sharon Wrobel
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