CTECH – Latest Israeli Innovation & Technology News June 28, 2026
Assaf Rappaport’s 2026 deal spree: Inside the Wiz founder’s expanding AI investment map. His 10 investments in the first six months of the year span memory layers, identity security and autonomous defense systems. Read more
Priority acquires AI finance startup Obol in fourth deal since Blackstone takeover. The ERP software provider is buying the cash flow forecasting startup for tens of millions of shekels as it expands its AI capabilities and continues an acquisition strategy that has reshaped the company in recent years. Read more
Gaming unicorn Moon Active signs 10-floor lease in Israel’s tallest skyscraper. The company will lease 22,000 square meters in Tidhar’s Beyond Towers project in Givatayim in a 10-year deal worth an estimated $110 million, giving the newly public developer its first major post-IPO success. Read more
“I will have nothing when I leave this world.” At 91, Daniel Jusidman, a Jewish-Mexican multimillionaire, reflects on wealth, mortality, and his decision to give away most of his fortune through philanthropy in Israel and beyond. Read more
AI’s “English-washing” problem. As AI companies race to align their models, some experts argue the process is making chatbots across languages sound increasingly alike, potentially at the expense of cultural diversity. Read more
Merav Bahat raising $25-30 million AI fund with Assaf Rappaport, Sequoia, Greylock and a16z. The founder-led fund will focus on early-stage AI infrastructure and cybersecurity startups, aiming to connect Israel’s tech ecosystem with Silicon Valley capital and expertise. Read more
Cyberbit shuts down Israeli operations, lays off local workforce. The former Elbit spin-off, which trains cybersecurity teams to defend against cyberattacks, is closing its local office and laying off all Israeli employees. Read more
Stratos Ventures raises $50 million for defensetech push as global demand for Israeli startups surges. The fund targets $80 million and has already backed five early-stage companies. Read more
Dollar tax payments and startup grants: Israel’s new plan to protect tech. Finance Minister Bezalel Smotrich confirms support package for startups and growth companies while advancing a plan to let multinationals pay taxes in dollars. Read more
Amdocs begins cutting jobs in Israel as global layoff plan moves forward. The software giant’s restructuring under new CEO Shimie Hortig has reached Israel, where hundreds of jobs may be at risk among the company’s 4,000 local employees. Read more
AI startup Engram raises $98 million at $600 million valuation with just 13 employees. Wiz founder Assaf Rappaport led a star-studded group of Israeli tech entrepreneurs backing the company, including the founders of Dazz, Eon, Glow and Navan, alongside top Silicon Valley venture firms, betting on Engram’s AI memory technology designed to reduce costs and improve model performance. Read more
Arrow and Iron Dome makers could head to Wall Street as Israel weighs partial privatization. IAI and Rafael may pursue U.S. listings amid regulatory and fiscal pressures, according to Bloomberg. Read more
Lama AI raises $12 million Series A to bring AI agents to banking. EJF Ventures leads round as fintech startup surpasses $20 million in total funding and expands lending automation across U.S. banks. Read more
Cyber unicorn Cato cancels planned move into Fiverr’s former Tel Aviv offices. Decision highlights growing caution in Israel’s softening tech real estate market. Read more
How a quiet settlement could shape Israel’s next generation of laser weapons. The agreement between Elbit and Civan ends a dispute that had become one of the defense industry’s most closely watched battles. Read more
AppsFlyer raises over $1 billion from Google, Meta, Unity and Moloco at a $2.7 billion valuation. The company says the deal will accelerate AI-powered measurement and attribution tools. Read more
Intel CEO praises Israel’s tech sector: “Very disruptive and innovative.” Lip-Bu Tan says the country’s resilience and entrepreneurial culture continue to shape Intel’s future despite regional turmoil. Read more
“AI hasn’t created anything in gaming we couldn’t do before.” Yaron Leyvand, executive vice president and head of mobile studios at gaming company Zynga, says AI is delivering efficiency gains, but not yet new creative breakthroughs in gaming. Read more
How Chinese cars became a national security issue in Israel. What was once viewed as a routine procurement decision has evolved into a debate over cyber risks, military access and foreign influence. Read more
Israeli researchers develop AI method to speed up breast cancer MRI scans. Technion-led study combines deep learning and mathematical modeling to produce dynamic MRI images at up to one frame per second. Read more
Anduril explores Israeli expansion as defense-tech boom accelerates. Palmer Luckey’s $61 billion startup considers local operations, partnerships, and investments in Israeli startups. Read more
Germany’s missile search draws attention to secretive Israeli startup Covenant. Backed by Silicon Valley investors, the young company has emerged as a contender in Berlin’s push for new long-range strike capabilities. Read more
Marvell CTO: “The market has finally reached the bottleneck we solve.” Israeli Noam Mizrahi explains why Jensen Huang believes the company belongs in the trillion-dollar club, and why AI’s future depends on the networks connecting hundreds of thousands of processors. Read more
Suicide-drone maker UVision seeks up to $4 billion valuation in Nasdaq debut. Aaron Frenkel takes the defense company to Wall Street after rejecting a $2.9 billion valuation from local investors. Read more
The AI fraud case that terrifies banks. Police allege a 20-year-old used synthetic identities to open accounts and issue credit cards in the names of unsuspecting victims. Read more
