CTECH

CTECH – Latest Israeli Innovation & Technology News June 19, 2026

CTECH – Latest Israeli Innovation & Technology News June 19, 2026

“There’s a price where you have to say yes”: CyberArk founder on the $25 billion Palo Alto deal. Udi Mokady reflects on resistance, responsibility, and the sale that changed Israeli cyber. Read more

 

“If there is no significant change, we will see a 25%-30% reduction in high-tech’s workforce.” eToro Deputy CEO Hedva Ber warns that the strong shekel, rising labor costs, and the rapid adoption of AI are eroding Israel’s competitive advantage, pushing companies to freeze hiring, move jobs abroad, and prepare for workforce reductions. Read more

Software developers face rising unemployment as Israel’s tech sector evolves. Jobless rate hits 3.5% while AI and data jobs drive new hiring trends. Read more

 

Marvell and Tower hit 5 million chip milestone in AI networking push. Photonic integrated circuits aim to boost bandwidth and efficiency in data centers. Read more

 

Iron Dome and Iron Beam maker Rafael unveils new weapon against the drone threat. Partnering with SpearUAV, the Israeli defense company is developing Iron Wasp, a vehicle-mounted interceptor aimed at one of the fastest-growing challenges on modern battlefields. Read more

 

 

NextVision insiders cash out $200 million in share sale. Drone camera maker’s executives and directors sell stock as foreign institutions rush to gain exposure to one of Israel’s hottest defense-tech companies. Read more

 

Tenet raises $6 million in Seed funding to address risks of autonomous AI agents. The startup focuses on runtime protection for autonomous systems accessing sensitive data and workflows. Read more

 

Quantum Machines makes second European acquisition in six weeks. Israeli quantum computing company buys Hungary’s PCB Engineering, adding a Budapest R&D hub and 40 employees as competition intensifies in the race toward fault-tolerant quantum systems. Read more

 

Israel moves to reignite university innovation engine. Finance Ministry unveils sweeping reform as startup creation from academia hits multi-year lows. Read more

 

Zim $4.5 billion bidder faces foreclosure on his home. Haim Sakal’s ambitious shipping offer contrasts with NIS 15 million debt proceedings. Read more

 

 

Israeli unicorn AppsFlyer in advanced talks for $1-2 billion sale. Adtech firm reopens exit process after failed Apollo negotiations. Read more

Unicorn Artlist to cut 200 jobs, 40% of workforce, despite surpassing $300 million ARR. Israeli creative-tech company says it is restructuring around an AI-native operating model despite rapid growth. Read more

 

Limitless Labs raises $20 million Series A to bring AI into the factory floor. Israeli startup targets automation of CNC manufacturing workflows. Read more

 

After PTSD and years of insomnia, Israeli founder raises $6.5 million to improve sleep through scent. Founded by a former Oketz soldier, Israeli startup Kimba uses AI and personalized scent therapy to actively improve sleep quality and recovery. Read more

 

Mapping the hidden job market of Startup Nation. After watching his talented friends lose their jobs and struggle over next steps, Nir Kosover and his ScaleFox co-founders bootstrapped a side project to create a first-of-its-kind, comprehensively indexed view of the Israeli high-tech job market to counteract the anxious narrative surrounding the state of Startup Nation. Read more

 

 

Payoneer agrees to $2.75 billion sale to Nuvei, ending five-year public market run. The acquisition gives the Canadian payments company a stronger foothold in cross-border commerce while bringing the Israeli fintech’s Wall Street chapter to a close. Read more

 

1Password acquires Israeli cyber startup Apono in $250M-$300M deal. AI-era identity security startup joins the Canadian cybersecurity giant as it expands beyond password management into access governance. Read more

 

SailPoint acquires Israeli cyber startup Entro Security in $200 million deal. Acquisition strengthens SailPoint’s push into the fast-growing market for securing non-human identities. Read more

 

One-year-old cyber startup NewCore emerges from stealth with $66M raised and a $300M valuation. Founded by Dome9 co-founder Zohar Alon, Nym founder Amihai Neiderman, and former T-Mobile and Telstra CIO Erez Yarkoni, NewCore aims to reinvent identity security for the AI era. Read more

 

After raising $20 million, collapsed startup Swish.ai sells to Unframe for just $150,000. Enterprise AI company Swish.ai, whose customers included Coca-Cola and CyberArk, enters insolvency before a court-approved asset sale. Read more

 

Monday launches $200 million venture arm to invest in AI startups. The software company has already backed several startups as it seeks to expand beyond its traditional SaaS roots and position itself for the AI era. Read more

 

 

The unit preparing for Israel’s invisible war. From simulated network breaches to international exercises, inside the IDF’s cyber training hub. Read more

 

“If we remove the fear of death, everything changes.” Yanay Ofran on AI-designed medicines, curing peanut allergies, and why humanity will never run out of diseases to fight. Read more

 

“52% of organizations already using generative AI have implemented AI agents in their day-to-day operations.” Speaking at Google and Calcalist’s AI Week, Elit Ben Basat Nuriel, Head of Cloud Marketing at Google Israel, added that “we are at the most dramatic turning point since generative artificial intelligence entered our lives.” Read more

 

SpaceX’s IPO was never about the numbers. The record-breaking IPO pushed SpaceX above a $2 trillion valuation, enriched Elon Musk by hundreds of billions of dollars, and demonstrated that investors may be betting more on the entrepreneur than on the company’s financial performance. Read more

 

Why did the White House pull Anthropic’s most powerful AI model? The administration cites national security. Critics see a troubling mix of politics, AI rivalry, and government power. Read more

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