CTECH: Latest Israeli Innovation & Tech News May 6, 2026
Kela raising $200 million at $1 billion valuation with backing from Bill Ackman and Eric Schmidt. The Israeli defense startup is building an operating system to integrate modern military systems. Read more
ZyG raises $60 million Series A at $500 million valuation just a year after launch. Led by ironSource founders, the startup is building an AI-powered engine for product growth. Read more
CopilotKit raises $27 million to build infrastructure for AI agents. The startup’s open standard has already been adopted by Google, Microsoft, and Amazon. Read more
“I lost something that was never truly mine”: The rise and fall of a billionaire. Ilan Ben-Dov reflects on Israel’s tycoon era, and the economic threat he now sees in Iran. Read more
“We’re too slow in the adoption of AI technologies in healthcare.” Sheba Impact CEO Avner Halperin explains why AI is becoming central to telehealth, from triage and intake to expanding access to care while keeping clinicians in the loop. Read more

Cisco acquires AI security startup Astrix for $400 million. The Israeli startup, backed by Menlo Ventures and Anthropic, targets growing risks from non-human identities and autonomous AI agents. Read more
Israeli tech veterans launch $100 million AI and cyber fund. AlphaDrive aims to back Israeli startups across all stages amid industry transformation. Read more
“Anybody who says they can price current geopolitical risk is lying to you and themselves.” Mark Kraynak, founding partner at Acrew Capital, joined CTech for its 2026 International VC Survey. Read more
Air Doctor: “Perks or bonuses don’t solve burnout where employees are balancing ongoing security concerns.” Shachar Eini Nachmani, Director of Human Resources at Air Doctor, discusses how the company maintains operational continuity under fire, while redefining roles in the age of automation, as part of CTech’s HR: The Next Leap series. Read more
After years of cuts, tech giants reopen the door to juniors. AI-native talent is reshaping hiring strategies across the industry. Read more

Five bidders advance in Nice’s $2.5 billion Actimize sale process. Advent International, Veritas Capital, New Mountain Capital, Stone Point Capital, and SymphonyAI progress as due diligence begins. Read more
“Israel will remain a cyber powerhouse for the next decade.” CapitalG’s James Luo bets on resilience, AI, and a new wave of Israeli tech IPOs. Read more
Israeli startup bets on psychedelic mushrooms for mental health treatment. MSICS Pharma, which has raised $3.6 million, is advancing clinical trials for PTSD, depression, and OCD. Read more
High-tech entrepreneur Moshe Yanai’s debts balloon to $250 million. Court-appointed trustee says liabilities are more than twice earlier estimates, raising questions over asset pledges and creditor priorities. Read more
With Iron Beam not yet operational, Israel seeks answers to Hezbollah drone challenge. New systems still unproven as Hezbollah expands fiber-optic attacks. Read more

“We’re not chasing large acquisitions”: Check Point falls to two-year low as CEO eyes ‘game-changing’ tech. Lowered outlook and firewall weakness overshadow long-term strategy. Read more
“We won’t get rich from work”: Why young investors are flocking to Polymarket. From ceasefire bets to election wagers, a new generation is chasing fast money in binary markets. Read more
Indian Embassy cancels $42 million Tel Aviv office deal at last minute. High price cited as key factor in collapse of Reichman family transaction. Read more
The deal that signals Teva is back. A calculated biotech acquisition and strong earnings revive confidence in the pharma giant. Read more
SAP taps Israeli executive to lead global AI push. Orna Kleinmann steps into senior role as the company deepens its cloud and AI strategy. Read more
