CTECH: Latest Israeli Innovation & Technology News May 28, 2025
Check Point acquires Israeli cyber startup Veriti in deal estimated at over $100 million. The Israeli startup brings rapid remediation and multi-vendor integration to Check Point’s expanding Infinity Platform. Read more
Startup baby boom on the way? Over 1,000 Israeli founders operating in stealth. A report from Dealigence and Google for Startups points to quiet optimism in high-tech. Read more
Inside Telegram’s pitch: $1B revenue, 9% interest, and a 2026 IPO on ice. Israeli institutions weigh high returns against governance and reputation risks. Read more
Fintech startup Sequence raises $7.5M to automate consumer and SMB finances. The Israeli company aims to automate and optimize finances across banks, loans, credit cards, and savings. Read more
Traceloop raises $6.1 million in Seed funding to to stop AI agents from going rogue. The Israel startup offers observability and testing tools to prevent generative AI failures in production. Read more
“Despite disgusting descriptions of the IDF, the world still wants Israeli tech”: Lux’s Josh Wolfe on global demand for defense innovation. In an exclusive with Calcalist, the Lux Capital co-founder explains why wartime Israel has become the envy of the world’s security establishment. Read more
Intel uncovers multi-million fraud scheme by ex-employee and supplier. Intel Israel says purchase order fraud ran undetected for over a year. Read more
Medtronic’s Israeli arm faces $190M tax seizure over IP transfer. Court rules 2009 deal included taxable intellectual property sale; Ventor seeks Supreme Court delay. Read more
“Horizon is our academic oxygen. It is a matter of life and death for Israeli academia.” Researchers warn that losing EU support may lead to a crisis at Israel’s world-class institutions. Read more
Sweep raises $22.5M Series B to embed AI directly into business infrastructure. Backed by Insight Partners and Bessemer, the Israeli startup powers self-evolving GTM systems for firms like Brex and SailPoint. Read more
“I don’t think there’s such a thing as over-reliance on AI.” Why forward-thinking employers now see generative AI as a hiring asset, not a threat. Read more
Google’s $2.7B AI deal with Noam Shazeer’s Character.AI draws DOJ attention. Return of the startup’s founders and staff prompts questions over competitive impact. Read more
Stampli: “We see AI as a strategic partner that empowers our teams, not a tool that replaces them.” Stampli has fully embraced the AI revolution as a core driver of innovation and scale, says COO Ido Peleg. Read more
“Rather than head-count cuts, we reallocate,” says VP HR at Coralogix. According to Coralogix, its upskilling budgets have grown in the wake of the AI Revolution, “because redeploying people is cheaper, and kinder, than replacing them.” Read more
CTech’s most promising proptech startups. Here’s everything you need to know about Buildots, qbiq, Agora, and Doorloop. Read more
Fortinet acquires Israeli cyber startup Suridata for tens of millions to boost SaaS protection. Suridata raised around $14 million and built an AI-powered platform to protect SaaS apps. Read more
Nvidia grows its Israel footprint with $27M office expansion in Tel Aviv. The AI powerhouse now occupies 18 floors and 22,000 square meters in central Tel Aviv. Read more
Rhino Federated Computing raises $15M Series A to power AI without sharing data. The startup bets on federated AI as the key to innovation in health, finance, and biopharma. Read more
The end of Google Search as we know it. AI integration into Google marks the death of traditional search, and the birth of the chatbot era. Read more
OpenAI wants Jony Ive to do for AI what he did for the iPhone. Altman turns to Apple’s design legend to make artificial intelligence feel intuitive, invisible, and essential. Read more
Gigi Levy-Weiss and Redis co-founder Yiftach Shoolman launch defense tech startup Line 5, raising $20M Seed round. The stealth Israeli startup is the year’s biggest defense-tech Seed deal, as founders turn focus from gaming and cybersecurity to battlefield innovation. Read more
Pango backs out of $175 million merger with Gett. Facing antitrust resistance, the mobility-tech deal unravels after a year of regulatory hurdles. Read more
Wix leans on AI and buybacks to power through macro headwinds. Company reports $93.9M in adjusted profit, adds 5.3M users, but tempers guidance due to economic uncertainty. Read more
“We are using AI to unlock the full potential of our talent.” HR Director Karin Amsili joined CTech to share how artificial intelligence is shaping the workforce at IVIX. Read more
“Every market downturn is a chance to focus, cut unnecessary spending, and double down on what you do best.” As part of the Growth+ project by Calcalist and Poalim Tech, Travelier CEO Noam Toister shared how his company turned the coronavirus crisis into an opportunity. Wiserpay CEO Keren Smadja added, “It takes strong internal conviction to filter out the noise, recognize what’s valid, and stay confident in your path.” Read more
Intel considering selling off networking business in strategic overhaul. According to Reuters, the unit, which brought in $5.8 billion in 2024, no longer aligns with CEO Lip-Bu Tan’s back-to-core strategy. Read more
UK suspends trade deal talks with Israel, summons ambassador over new Gaza offensive. “The conduct of the war in Gaza is damaging our relationship with your government,” said UK Foreign Secretary David Lammy. Israel Foreign Ministry responds: “If, due to anti-Israel obsession and domestic political considerations, the British government is willing to harm the British economy — that is its own prerogative.” Read more
Elbit’s Iron Beam set to go live in 2025 in “operational breakthrough.” As Israel’s war in Gaza boosts domestic demand and global conflicts drive record orders, Elbit Systems reports surging profits, and bets on laser weapons to power its next phase of growth. Read more
Philippines freezes Israeli arms deals over South China Sea standoff. Manila demands Jerusalem recognize its maritime claims in ongoing dispute with China, putting billions in defense exports at risk. Read more
“AI isn’t replacing people, it’s elevating their responsibilities.” Or Eligula, Chief Operating Officer at Bridgewise, and who runs its HR efforts, joined CTech as part of its new series exploring the impact of AI in the HR sector. Read more
