CTECH : Latest Israeli Innovation & Technology News June 12, 2026
Head of Google Research: “AI will enhance human innovation, but the role of humans is greater than ever.” Prof. Yossi Matias, Vice President at Google and Head of Google Research, says AI will accelerate discovery but cannot replace human scientific judgment. Read more
Talpiot graduates raise $10 million for Upriver, backed by Cyera founders and New Relic creator. Founded by Israel Defense Prize winners Ido Bronstein and Omri Lifshitz, the startup is developing AI agents that autonomously manage enterprise data, attracting support from leading cybersecurity and software entrepreneurs. Read more
AI’s water problem is getting harder to ignore. Data centers consume billions of liters annually, fueling public opposition and forcing companies to rethink cooling systems. Read more
SpaceX IPO: Record valuation, record expectations, and record uncertainty. The company swings between profit and heavy losses as it scales AI and space ambitions. Read more
Teva’s search for a TAPI buyer ends in more job cuts. Neot Hovav facility faces another round of reductions as sale prospects fade. Read more
Cyera raises $600 million at $12 billion valuation, up fourfold in 18 months. The cybersecurity firm has raised $1 billion in six months, targeting the growing gap between AI adoption and enterprise control. Read more
Jedify raises $24 million Series A to build context layer for enterprise AI. The startup says fragmented business data is blocking deployment of agentic AI systems. Read more
Aryon Security raises $25 million Series A backed by Shlomo Kramer, George Kurtz and Datadog Ventures. The Israeli startup argues traditional “detect and fix” cybersecurity is no longer sufficient. Read more
Former Microsoft and Tesla security leaders emerge with $35 million for Pi. The startup analyzes code, cloud infrastructure and workplace communications to identify real threats. Read more
The other side of Israel’s defense export boom. Behind record global sales, smaller manufacturers say orders from the Defense Ministry are drying up. Read more
Rylo raises $85 million at $500 million valuation, targets $1 billion revenue by 2028. The Israeli startup, formerly Nagish, develops AI-powered real-time speech and sign-language translation tools for deaf and hard-of-hearing users and says it has reached early profitability after FCC licensing unlocked regulated U.S. revenues. Read more
Nuvei in negotiations to acquire Payoneer in $2.7 billion deal. Potential merger would combine merchant payments with global cross-border transfer network. Read more
Dazz founder Merav Bahat leaves Wiz after Google deal, eyes new cyber-AI venture. Bahat joined Wiz in November 2024 after Dazz was acquired for an estimated $450 million. Read more
How Israel’s AI surveillance breakthrough in Iran is reshaping global intelligence. From Conntour to Airis, Israeli startups are driving a shift in how governments analyze vast video networks. Read more
“With Iran, Israel may need to act every five years.” Security officials say the latest round of fighting highlights a new reality of periodic military action, rising defense costs, and no clear endgame with Tehran. Read more
PointFive raises $60 million Series B to help companies survive the AI cost explosion. Index Ventures, Salesforce Ventures and Accel back the ex-IntSights team that is building a platform to tackle exploding AI infrastructure spending. Read more
A Security raises $37 million backed by Wiz CEO Assaf Rappaport and Cyera CEO Yotam Segev. Cyberstarts and Lightspeed led the investment in the startup, which is building AI agents designed to detect, simulate, and block autonomous cyberattacks before they reach enterprise networks. Read more
Former unicorn Hailo cuts 50% of workforce amid funding pressure and strategic reset. Israeli semiconductor company lays off 110 employees while shifting focus toward drones, robotics, and Physical AI. Read more
After slashing 20% of staff, Wix warns of slower growth in 2026. The company revises 2026 revenue outlook and reveals $30-35 million restructuring charge, while citing $50 million bookings hit and Partners slowdown. Read more
Israel keeps Ben Gurion open under fire in bid to break Iran’s economic playbook. Rather than shutting down airspace after missile attacks, Israeli officials are attempting to preserve aviation, energy production, and economic activity as repeated confrontations with Tehran become a recurring reality. Read more
Israel says it will respond “harshly” after Iran launches missile barrage. Around 10 missiles fired and intercepted as Netanyahu convenes top security officials. Read more
Bank of Israel’s quiet move to stabilize the shekel. New disclosures highlight a more active currency stance than officially acknowledged. Read more
Zencity cuts staff in renewed efficiency push. The Israeli-founded civic analytics company trims around 15-20 roles across product and engineering teams. Read more
“We could be facing a tsunami”: Finance ministry convenes emergency meeting with tech leaders. Industry warns that the strong shekel is eroding profits and shortening startup runways. Read more
“Israel could be a spacetech empire, but it’s hard to raise money in the industry.” A new interactive database of Israel’s space ecosystem highlights dozens of companies and organizations, underscoring both the industry’s growth and its funding challenges. Read more
