Israel Tech Startups and Innovations: Weekly Roundup January 25 – January 31, 2025
New Startups / VC Funding
AI-Powered Vehicle Inspection Startup UVeye Uses Computer Vision for Automotive Safety
In a groundbreaking leap forward for AI-powered vehicle inspection, UVeye, an Israeli startup that uses artificial intelligence AI in the development of automated vehicle inspection systems, has secured a massive $191 million in fresh funding, catapulting its total capital raised to an astonishing $380.5 million. This latest round includes a $41 million equity investment, spearheaded by Woven Capital—Toyota’s influential growth fund—alongside key contributions from… Read More Here
Israeli FinOps Platform Finout Helps Enterprises Manage Cloud Spending
In a seismic move for the FinOps industry, Finout, an Israeli startup offering a FinOps platform that calls itself the FinOps-for-enterprise company, has secured a massive $40 million Series C funding round, spearheaded by global software powerhouse Insight Partners. Heavyweight investors Pitango, Team8, Red Dot Capital, and Maor Investments also joined the round, propelling… Read More Here
Israeli Fintech Startup Anchor Raises $20M Series A for Automated Billing Platform
In a game-changing moment for the future of autonomous finance, Israeli startup Anchor—the revolutionary free-to-use Autonomous Billing & Collections platform—has secured a massive $20 million Series A funding round. The round was led by former NBA star Andre Iguodala’s Mosaic General Partnership, the powerhouse behind investments in Uber, Robinhood, Mercury, Taboola, Hippo, and Coinbase, alongside renowned investor Oren Zeev of Zeev Ventures, known for… Read More Here
Wiz Researchers Discover AI Company DeepSeek’s Exposed Training Data and API Keys
In a shocking discovery, Israel’s Wiz Cybersecurity, a unicorn, uncovered a glaring security vulnerability within DeepSeek’s infrastructure—a publicly accessible ClickHouse database, left wide open to potential exploitation. This critical exposure granted full control over database operations, making internal data alarmingly vulnerable… Read More Here
Israeli Startup Oligo Security Raises $50M Series B for API Security Platform
In a powerful move that cements its dominance in Application Detection and Response (ADR), Oligo Security, an Israeli cybersecurity startup, has secured a monumental $50 million in Series B funding. Spearheaded by Greenfield Partners, with strong backing from Red Dot Capital Partners, Strait Capital, and returning investors Ballistic Ventures, Lightspeed Venture Partners, and TLV Partners, this latest round catapults Oligo’s total funding to an… Read More Here
Token Security Raises $20M Series A to Scale AI-Powered Authentication Platform
In a meteoric rise, Israeli startup Token Security has secured a staggering $20 million in Series A funding—just eight months after breaking cover. Spearheaded by Notable Capital and bolstered by existing investor TLV Partners, the round also saw backing from cybersecurity titans, including executives from Palo Alto Networks, CrowdStrike, Check Point, and Venafi. This latest infusion catapults Token’s total funding to $27 million as it continues to redefine… Read More Here
Science/Culture
Ancient Roman Papyrus Discovery Reveals New Insights into Near East Legal History
In a stunning revelation, scholars from the Austrian Academy of Sciences, the University of Vienna, and the Hebrew University of Jerusalem have uncovered a rare ancient papyrus from the Israel Antiquities Authority’s archives, shedding unprecedented light on Roman legal proceedings and daily life in the Near East.
Published in the prestigious journal Tyche, their research unveils how the Roman Empire cracked down on financial crimes—specifically tax fraud involving slaves—within the volatile provinces of… Read More Here
Groundbreaking Archaeological Roman Discovery: Roman Administration Unveiled in Israeli Artifact
In a remarkable discovery that bridges ancient administrative systems and modern historical inquiry, archaeologists Prof. Naama Yahalom-Mack and Dr. Nava Panitz-Cohen of the Hebrew University, alongside Prof. Robert Mullins of Azusa Pacific University, have unearthed a rare and significant artifact at the biblical site of Abel Beth Maacah, near Metula in northern Israel.
At the heart of their find lies a basalt boundary stone, meticulously inscribed in Greek, originally used during the… Read More Here
Mergers and Acquisitions
Tenable Acquires Israeli Security Startup Vulcan Cyber for Risk Management Expansion
In a bold move set to reshape the cybersecurity landscape, Tenable Holdings, Inc.—a powerhouse in exposure management with a staggering $5.35 billion market capitalization and commanding 77.55% gross profit margins—has announced a definitive agreement to acquire Vulcan Cyber Ltd., an Israeli startup that offers a vulnerability remediation orchestration platform… Read More Here
Other Business Stories
2024 Israeli Diamond Sector Sees Dramatic Revenue Downturn
A turbulent chapter closes for the Israeli diamond industry in 2024, a year marked by relentless challenges and uncertainty. Yet, as the dust settles, an unexpected brilliance emerges—offering a glimmer of hope and promise for the future.
The year 2024 cast a heavy shadow over the global diamond industry, with Israel bearing the brunt of its unforgiving blows. The relentless… Read More Here
Moon Active, Gaming Unicorn Behind Coin Master, Lays Off Dozens Despite $2 Billion Revenue in 2024
Moon Active, an Israeli gaming startup and a unicorn, is laying off dozens of employees despite billions in revenue. The company currently has more than 2,500 employees at offices in countries like Ukraine, Romania, Belarus, and Lithuania.
Moon Active biggest success is the hit game “Coin Master,” which brings in $1.2 billion a year, according to… Read More Here
