Israel Tech Startups and Innovations: Weekly Roundup April 5 – April 11, 2025
New Startups / VC Funding
Israeli Observability Startup Groundcover Raises $35M Series B to Expand in U.S. Market
Groundcover, the Israeli startup behind the high-performance eBPF-based observability platform for cloud-native applications, has announced a $35 million Series B funding round. The round was led by Zeev Ventures, with continued support from Angular Ventures, Heavybit, and Jibe Ventures. This latest investment brings the company’s total funding to $60 million.
The funding will accelerate Groundcover’s expansion across… Read More Here
Israeli Compliance OS Startup Anecdotes Raises $30M, Expands Series B to $55M
Anecdotes, an Israeli startup revolutionizing enterprise compliance with its purpose-built Compliance Operating System (OS), has raised an additional $30 million in Series B funding, bringing the total round to $55 million.
The latest investment was led by DTCP, with continued support from existing investors including Vertex Ventures, Red Dot Capital Partners, and Glilot Capital.
The funding underscores a growing shift in the… Read More Here
Israeli Startup Wing Cloud Shuts Down Less Than Two Years After Launch of Open-Source Winglang Programming Language
Wing Cloud, the Israeli startup behind the open-source Wing Programming Language (Winglang), has officially ceased operations, less than two years after emerging from stealth mode.
The company, which aimed to revolutionize cloud-native application development through its unique infrastructure-as-code language, did not disclose a specific reason for its shutdown.
Founded with the goal of simplifying and accelerating cloud app deployment by bridging the gap between development and operations, Wing Cloud gained… Read More Here
Politics
France May Recognize Palestinian State by June, Says President Emmanuel Macron
French President Emmanuel Macron announced on Wednesday that France could officially recognize a Palestinian state as early as June 2025. Macron also suggested that, in parallel, some Middle Eastern nations may move to recognize Israel, signaling a potential diplomatic breakthrough in the region.
The statement underscores France’s growing role in efforts to advance a two-state solution to the Israeli-Palestinian conflict. Macron emphasized that… Read More Here
New Report Reveals Hamas Quietly Revised Gaza War Death Toll, Dropping Thousands
Newly surfaced research reveals that Hamas has significantly revised its reported Gaza war casualty figures, quietly removing thousands of deaths from its official count. This is nothing new: It has been widely reported that in past conflicts, the reports of civilian casualties in Gaza all came from local agencies controlled by the terrorist organization Hamas. And analyses of the lists released showed they overwhelmingly named younger men who were likely Hamas terrorists.
According to Salo Aizenberg, a researcher with the U.S.-based nonprofit Honest Reporting, Hamas’s March 2025 update on war casualties… Read More Here
Berlin and Tel Aviv-Yafo Announce Twin Cities Partnership to Mark 60 Years of Germany-Israel Diplomatic Relations
In a historic move symbolizing six decades of diplomatic ties between Germany and Israel, Berlin Mayor Kai Wegner and Tel Aviv-Yafo Mayor Ron Huldai have announced the formation of a new Twin Cities partnership between their two capitals.
The agreement celebrates the 60th anniversary of diplomatic relations and highlights the deep-rooted friendship and collaboration between Berlin and Tel Aviv, two cities known for their shared… Read More Here
IPOs and Unicorns
Israeli Trading Platform eToro Halts IPO Plans Amid Market Volatility
Israeli fintech giant eToro, led by founder and CEO Yoni Assia, has decided to freeze its planned initial public offering (IPO), according to a report by Axios.
The popular online trading platform, which was set to begin a new round of investor meetings this week, has put its flotation plans on hold due to increased financial market volatility. The uncertainty stems largely from escalating trade tensions triggered by U.S. President Donald Trump’s trade war policies, which have rattled global markets and impacted… Read More Here
Other Business Stories
Bank of Israel Holds Interest Rate Steady at 4.5% in April 2025 Decision
The Bank of Israel’s Monetary Committee announced on April 7, 2025, that it will maintain the interest rate at 4.5%, leaving borrowing costs unchanged in its latest policy decision.
The move reflects the central bank of Israel’s cautious approach amid ongoing economic uncertainty, as it continues to monitor inflation trends, global financial conditions, and domestic growth… Read More Here
NBA’s Deni Avdija Makes History as Highest-Paid Israeli Athlete
Deni Avdija, a professional basketball player known for his versatility and dynamic play as a small forward for the Portland Trail Blazers in the NBA, has been listed as the highest paid Israeli professional athlete in the world. The Israeli publication Calcalist placed him at the top of its list of highest paid Israeli athletes, citing his annual salary as $15.625 million (2024/25 season), not including any endorsement deals, etc.
Born on January 3, 2001, in Beit Zera, Israel, Avdija is the son of former Yugoslav basketball player Zufer Avdija. He began playing basketball in… Read More Here
