CTECH – Latest Israeli Innovation & Tech News Sept. 2026
OpenWeb seeks insolvency protection as former Israeli unicorn faces cash-flow crisis. The company says a lender’s seizure of $7.3 million in overseas bank accounts derailed a planned $14 million capital injection. Read more
U.S. bank Valley National buys Israeli fintech Bluevine for $340 million. The acquisition will give the bank a digital small business platform while accelerating its technology and AI strategy. Read more
Israeli cyber company Paragon to go public through Nasdaq SPAC merger at $1.25 billion valuation. The company and U.S. partner REDLattice generated $267 million in combined revenue over the past year, up 29%. Read more
Noa Argamani joins Vine Ventures to help Israeli startups break into the U.S. After 246 days in Hamas captivity, Argamani has started a new chapter in venture capital, splitting her time between San Francisco and Tel Aviv. Read more
Nvidia puts Israel-developed chips at the heart of its new AI security system. BlueField-4 DPUs developed at the company’s Israeli R&D center will power a hardware watchdog for AI agents. Read more
Prime Minister’s Office and Finance Ministry oppose $4.2 billion Zim sale. Government bodies warn that Zim Israel would remain dependent on Hapag-Lloyd despite being owned by Israeli fund FIMI. Read more

Assaf Rappaport: “I received an envelope with $30 billion written on it. I said no right away.” The Wiz CEO reveals new details of the $32 billion Google deal and discusses wealth, tech culture and his growing public role. Read more
Netanyahu adviser Urich linked his WhatsApp to a UAE-based service with access to his messages. Jonatan Urich connected his personal account to a third-party management platform that could access correspondence and media, including potentially sensitive government communications. Read more
Secretive Arrow missile maker Tomer plans $100 million debt raise. The state-owned company is preparing to tap institutional investors as it expands production and targets $600 million in sales by 2030. Read more
Clalit and Check Point team up to secure AI use across Israel’s largest HMO. The multimillion-shekel partnership aims to prevent sensitive patient information from leaking through public AI tools while also protecting against attacks involving autonomous AI agents. Read more
AI isn’t replacing these women. It is expanding what they can do. An interior designer, graphic designer and economist are using AI to build new services, automate their businesses and take on work that was previously out of reach. Read more
IAI and Elbit win $127 million in new U.S. Navy contracts. The awards cover missile canisters and survival radios, with work taking place in Israeli and U.S. facilities. Read more

Island raises $400 million at $6.4 billion valuation as AI agents reshape enterprise security. The cybersecurity company is moving beyond its enterprise browser to build a broader control layer for employees and AI agents operating across corporate systems. Read more
Groundcover acquires Israeli startup Wand for tens of millions of dollars. The company’s first acquisition combines groundcover’s production visibility with Wand’s technology for automatically optimizing Kubernetes resources. Read more
Inside the new Zim deal: A Far East route, stronger state control and 10-year job protections. The revised $4.2 billion framework also projects $1.7 billion in additional revenue over a decade. Read more
Tower puts Japan at the center of its optical-chip strategy. The Israeli chipmaker plans to make Japan its largest production hub for optical chips and already has $1.3 billion in contracted Silicon Photonics revenue for 2027. Read more
“They haven’t just finished playing Fortnite and moved on to trading stocks.” Inbal Polak, Director of the Investment Department at the Israel Securities Authority, wants younger Israelis to enter the capital markets, but says investing must be treated as a tool for achieving financial goals rather than a game. Read more
The banks made billions from Israelis’ checking accounts. Now they could have to pay it back. A court has certified a NIS 15 billion class action against four major banks over interest on checking balances, opening a legal challenge to one of the industry’s most profitable practices. Read more

After AI models escaped testing environments, Irregular seeks $1.5 billion valuation. The Israeli security startup is in talks to raise more than $100 million from Thrive Capital and Greenoaks in a round that has yet to be finalized. Read more
Cyber unicorn Upwind acquires nine-month-old Aegis for tens of millions. The Israeli cloud security company is folding the startup into a new AI security lab focused on protecting AI agents and AI-driven workflows. Read more
Nvidia establishes Israeli research group focused on AI for medicine and science. The Applied AI Architecture group has begun recruiting researchers in Israel and will work on AI applications ranging from genomics and drug discovery to new materials. Read more
Brookfield closes in on $2 billion deal for Nice’s Actimize. The Canadian investment giant has secured exclusivity in talks to acquire Nice’s financial crime and compliance business. Read more
Cyera has already raised more than Wiz. Where does its road lead? The Israeli cybersecurity company has raised $1.4 billion this year alone and is already preparing for an IPO option, as its founders set their sights on building a company larger than Wiz. Read more
How RealSense went from an Intel shutdown candidate to a $600 million sale. Independence gave the Israeli-led computer vision company room to change its sales strategy, expand rapidly and pursue the robotics market. Read more
