CTECH: Latest Israeli Innovation & Technology News Mar. 6, 2025
Unicorn Gong hits $300M revenue milestone but no IPO plans for now. AI-driven sales intelligence firm focuses on expansion as it delays public offering. Read more
Toyota-backed CaPow secures $15M Series A to power robots in motion. Israeli startup’s wireless charging technology eliminates downtime and boosts fleet efficiency. Read more
Grain secures $33 million Series A to help businesses hedge currency risks in real time. With over $150 trillion in annual cross-border transactions, the startup aims to make FX optimization a competitive advantage. Read more
“Show me the monAI”: Wall Street demands real returns from artificial intelligence. The era of AI speculation is over—now, it’s about delivering measurable business results. Read more
Cybereason CEO resigns amid boardroom battle over funding. Eric Gan steps down after accusing Mnuchin, SoftBank of obstructing vital financing. Read more
High-tech gender gap persists despite surge in female students. More women are studying high-tech subjects, but representation in the workforce and leadership remains stagnant. Read more
Aryon Security raises $9 million Seed round to stop cloud breaches before they happen. With experience from Israel’s national cloud security efforts, founders seek to transform enterprise cloud protection. Read more
Alta secures $7 million Seed round to bring AI-driven sales agents to market. The startup’s AI workforce automates key revenue tasks, freeing sales teams to focus on strategy and relationships. Read more
The Magnificent Seven won’t carry the S&P 500 forever, Goldman Sachs warns. David Kostin, chief US equity strategist for the investment bank Goldman Sachs, predicts broader stock gains as AI giants’ growth moderates. Read more
“I didn’t hear the word ‘entrepreneur’ until I was 38.” Arab entrepreneurs in Israel face unique hurdles from lack of exposure to startup culture to geographical isolation from the tech hubs of Tel Aviv. Initiatives like NorthMed and NGT3 are working to close the gap, fostering innovation and building stronger Arab representation in high-tech. Read more
Israeli VC fundraising hits decade low, but investment volumes rise. A major concern in the Investors Report findings is the sharp drop in fresh capital available for new investments, with Israeli VC funds having just $922 million in dry powder in 2024. Despite weak fundraising, Israeli tech companies raised $10 billion in 2024, ranking third globally. Read more
High-tech workers brace for change with 37% planning job moves in 2025. Survey highlights career shifts, relocation trends, and AI talent shortages. Read more
The Israeli startup tackling AI’s unpredictable behavior. Qualifire’s real-time monitoring solution ensures GenAI models are safer, more reliable, and ready for complex business tasks. Read more
The woman behind the billion-dollar brain surgery breakthrough. Nora Nseir’s startup, Nurami Medical, is pioneering a new approach to meningeal tissue repair. Read more
Wiz invests tens of millions of dollars in new Tel Aviv headquarters. The cybersecurity firm expands its footprint with a 5,500 square meter complex in Sarona. Read more
“Israeli tech is proving to the world—and to itself—that it cannot be stopped.” Israeli tech’s rapid recovery in 2024 has surprised many, but not Sarit Firon. The veteran investor behind Team8 Capital’s biggest exits explains why founders, employees, and global investors continue to bet on Israel—even in the toughest times. Read more
Microsoft’s Garage Director: “AI will reduce gender gaps in tech.” Ady Mor-Biran has spent years turning ideas into breakthroughs—both for Microsoft and herself. Read more
Cyber firm Skybox Security files for insolvency as debts spiral. Skybox Security’s Israeli unit, unable to pay February salaries, seeks court intervention as debts to employees, suppliers, and banks mount. Read more
Intel’s manufacturing dream hits reality check with global factory delays. Postponed chip plants in the U.S. and Israel signal deeper financial and strategic concerns for the company. Read more
February 2025 in Israeli tech funding: $550 million in 13 deals. The $170 million Series C by Quantum Machines accounted for almost a third of the total funding raised last month. Read more
“This is Taboola’s Amazon moment”: Singolda bets big, but growth stalls. The company expands into a larger ad market, but forecasts a year of no revenue growth in 2025. Read more
Playtika stock plunges to historic low after weak outlook. Investors react sharply as the gaming company posts a surprise loss and forecasts further profitability decline in 2025. Read more
Microsoft urges Trump to ease AI chip restrictions on Israel and allies. Tech giant warns restrictions could push key partners toward Chinese alternatives. Read more
Nvidia’s earnings thrive as demand for AI chips remains strong, despite DeekSeek threat. CEO Jensen Huang assures investors that AI’s future is bright, even as DeepSeek’s R1 disrupts the market. Read more
The fall of Skybox Security: A cautionary tale of stagnation and lost vision. Once a leader in cybersecurity, the company shut down after failing to adapt to an evolving market. Read more
Israeli cyber firm Sygnia cracks Bybit hack, revealing flaw behind $1.5B theft. Forensic investigation finds hackers exploited Safe(Wallet)’s cloud system to manipulate transactions. Read more
Vayu raises $7 million Seed round to tackle revenue management in the AI era. The startup’s revenue automation platform tackles the growing complexity of hybrid pricing models. Read more
Firstime unveils project financing for startups, closing first $60M deal. Non-dilutive credit solution targets deep-tech and sustainability companies. Read more
Lemonade’s stock plunges as wildfires erase early financial gains. The company braces for a $45 million loss from California fires despite strong 2024 growth. Read more
eBay cutting another 10% of Israeli workforce in fourth round of layoffs. The shopping giant will lay off a few dozen employees in Israel, with the exact number to be finalized after the hearings. Read more
