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Israel Tech Daily: Daily Summaries Delivered
by Startup to Follow
A short daily briefing on Israel's tech industry, in English: the funding rounds, acquisitions, IPOs, product launches, layoffs and scandals from the last day, explained in about six minutes. From Startup to Follow. Written from the day's reporting in English and Hebrew, with every source linked in the show notes, and voiced by AI hosts.
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- Today7 min
Jensen Huang resigns from Nvidia, Elligint Health buys Laguna, and Elbit wins a $260 million NATO deal
Nvidia's founder resigns and leaves questions over its plans in Israel, Elligint Health buys the Israeli AI startup Laguna Health, Elbit Systems wins a NATO rocket artillery contract, and Marvell cuts dozens of jobs in Israel. Jensen Huang resigns as Nvidia CEO, raising questions over its plans in Israel - CFO Colette Kress is interim CEO; Globes says operations managed from Israel made up 18% of second-quarter revenue.Sources: Globes, Ynetnews, CTech, The Times of IsraelElligint Health acquires Israeli AI care-management startup Laguna Health - CTech estimates the undisclosed price at tens of millions of dollars; Elligint plans to double Laguna's Tel Aviv team.Sources: CTechElbit Systems wins a $260 million contract to supply PULS rocket artillery to a European NATO member - The contract runs over five years; the customer was not named.Sources: GlobesMarvell lays off dozens of engineers in Israel - The cuts affect one engineering team out of a local workforce of about 500.Sources: CTech, GeektimeIndia waived procurement rules to buy forensic tools including Cellebrite's, rights group says - Al Jazeera cites the Internet Freedom Foundation; Indian officials did not respond.Sources: Al JazeeraCollPlant switches its Nasdaq ticker to OPHI as it pivots to LightSolver's photonic computing - Shareholders vote on 24 November on renaming the company OptiPhi Computing.Sources: GlobeNewswire via Yahoo FinanceArmis co-founder Yevgeny Dibrov says he wants to own an Israeli sports team - Dibrov says he has received offers since the ServiceNow deal.Sources: ice What to watch: Whether Nvidia says anything about its planned campus in northern Israel when it reports third-quarter results on Tuesday, 17 November. This episode was brought to you by SkillSim. Interactive, timed AI hiring scenarios that test what candidates can really do, instead of take-home tasks they paste into ChatGPT. Try it free at skillsim.co. Full transcript: https://www.startuptofollow.com/israel-tech-daily/2026-11-13-nvidia-huang-laguna-elbit Israel Tech Daily is written from the day's reporting and voiced by AI hosts. Corrections: editor@startuptofollow.com
- Yesterday8 min
Edelbyte raises $70 million, Vine Ventures closes a $236 million fund, and Innoviz lays off 20%
Former Microsoft engineers' Edelbyte emerges with $70 million at a $500 million valuation, Vine Ventures closes its third fund, Palo Alto's CyberArk shares nearly double in value, and Innoviz cuts about a fifth of its staff. Former Microsoft engineers' Edelbyte emerges from stealth with $70 million at a $500 million valuation - Quiet Capital led the $45 million Series A after a $25 million seed round led by Sequoia.Sources: Globes, CTechVine Ventures closes its third fund at $236 million - The fund takes Vine's assets under management past $500 million, with about half meant for Israeli companies.Sources: Globes, CTechPalo Alto's $25 billion CyberArk deal was booked at $21.1 billion, and the shares it issued are now worth about $36.6 billion - Palo Alto's annual report also puts the cost of post-deal layoffs at an estimated $60 million.Sources: CTech, CTechInnoviz lays off about 20% of its workforce in a third round of cuts - CTech's sources link the cuts to a car launch delayed by a year.Sources: Globes, CTech, GeektimePelephone signs a binding deal to buy Wecom for up to NIS 265 million - The deal needs approval from the Competition Authority and the Communications Ministry.Sources: Gadgety, Developing TelecomsPlurai raises a $13 million seed round led by Team8 to test AI agents - The company was founded by former Nexar researchers Ilan Kadar and Elad Levi.Sources: Ynetnews, CTechS&P says Nvidia tax payments drove a 13.3% rise in Israel's tax revenues - S&P raised its 2026 growth forecast for Israel to 5.5%.Sources: CTechRafael unveils the Super Ice cruise missile - Rafael has not disclosed the missile's range or cost.Sources: Globes What to watch: Whether Pelephone wins regulatory approval for Wecom within 180 days and Wecom's mobile licence is extended by ten years. This episode was brought to you by SkillSim. Interactive, timed AI hiring scenarios that test what candidates can really do, instead of take-home tasks they paste into ChatGPT. Try it free at skillsim.co. Full transcript: https://www.startuptofollow.com/israel-tech-daily/2026-11-12-edelbyte-vine-ventures-cyberark-innoviz Israel Tech Daily is written from the day's reporting and voiced by AI hosts. Corrections: editor@startuptofollow.com
- 2 days ago8 min
Netafim nears a $1.2 billion sale, Revolut gets an Israeli bank licence, and Daylight raises $80 million
Orbia is in advanced talks to sell control of Netafim to Spain's MatHolding, the Bank of Israel gives Revolut a conditional banking licence, Daylight raises $80 million and the Zerto founders return with Dreeze. Orbia nears a sale of 80% of Netafim to Spain's MatHolding at a $1.2 billion enterprise value - Kibbutz Hatzerim would raise its stake to about 30%, with MatHolding and Tikehau Capital holding about 35% each.Sources: CTech, iceDaylight raises an $80 million Series B led by Goldman Sachs Alternatives - The round brings Daylight's total funding to $120 million, at a valuation reported at about $400 million.Sources: Globes, CTech, Geektime, iceBank of Israel grants Revolut a conditional licence to set up Revolut Bank Israel - Revolut would be the third new bank licensed in Israel, after One Zero and Esh.Sources: GlobesZerto's founders launch Dreeze with a $33 million seed round - Norwest and Bessemer Venture Partners co-led the round, with Claltech taking part.Sources: Israel Defense, iceEnghouse Systems agrees to buy MIND CTI for about $25.4 million in cash - The $1.30-a-share price is about a 42% premium to MIND CTI's 30-day average.Sources: Securities.io, MIND CTI filingNational Cyber Directorate head says Iran is trying to use AI for cyberattacks - Yossi Karadi spoke at Cyber Week at Tel Aviv University.Sources: JNSDreame importer Cristalino considers a Tel Aviv IPO - Globes says it seeks a pre-money valuation of NIS 800 million to NIS 1 billion.Sources: Globes What to watch: Whether Orbia and MatHolding sign the Netafim deal by the end of the year, and whether Tikehau Capital's investment in MatHolding closes first. This episode was brought to you by SkillSim. Interactive, timed AI hiring scenarios that test what candidates can really do, instead of take-home tasks they paste into ChatGPT. Try it free at skillsim.co. Full transcript: https://www.startuptofollow.com/israel-tech-daily/2026-11-11-netafim-revolut-daylight-dreeze Israel Tech Daily is written from the day's reporting and voiced by AI hosts. Corrections: editor@startuptofollow.com
- 3 days ago7 min
Vanta buys Pillar for $150 million, Cyera nears an $800 million round, and Spines raises $64 million
Vanta agrees to buy the Israeli AI security startup Pillar Security for about $150 million, Cyberstarts prepares about $300 million for Cyera, the AI publisher Spines raises $64 million, and Axonius cuts jobs in Israel. Vanta signs a deal to buy Israeli AI security startup Pillar Security for about $150 million - Pillar's more than 20 employees and both founders will form Vanta's research and development centre in Israel.Sources: CTech, iceCyberstarts prepares about $300 million for Cyera in a round of about $800 million - The round, in advanced stages according to Calcalist, would value Cyera at about $20 billion.Sources: CTechAI publishing company Spines raises $64 million in equity and debt - The round combines $29 million in equity led by Zeev Ventures with $35 million in debt from Twelve.Sources: Globes, Calcalist, FortuneAxonius to cut 66 jobs, including 22% of its Israeli workforce - The company says it is reshaping its engineering organization around an AI-driven way of working.Sources: CTechIsrael's national AI plan targets about 300,000 GPUs and a domestic frontier model - Erez Askal, head of the National AI Directorate, presented the strategy at AI and Cyber Week at Tel Aviv University.Sources: CTechFood-tech company Tastewise lays off dozens of employees - The company had about 100 employees, more than 60 of them in Israel.Sources: CTechClalit gets a $2 million Google.org grant for a multilingual AI voice assistant - The assistant is meant to serve about five million members, including on landlines and basic phones.Sources: i24NEWS What to watch: Whether Cyera's round of about $800 million closes, and which investors join Cyberstarts in it. This episode was brought to you by SkillSim. Interactive, timed AI hiring scenarios that test what candidates can really do, instead of take-home tasks they paste into ChatGPT. Try it free at skillsim.co. Full transcript: https://www.startuptofollow.com/israel-tech-daily/2026-11-10-vanta-pillar-cyera-spines-axonius Israel Tech Daily is written from the day's reporting and voiced by AI hosts. Corrections: editor@startuptofollow.com
- 4 days ago7 min
JFrog hits a record after its results, Shashua weighs a One Zero sale, and how Intel will pay for Classiq
JFrog's shares jump 35% to a record after strong cloud growth, Amnon Shashua is reported to be exploring a sale of control in One Zero, Intel plans to pay for Classiq in shares, and leaked documents put Cisco's Israel business in focus. JFrog shares jump 35% to a record $101 after third-quarter results - Revenue rose 31% to $179.2 million and cloud revenue rose 60%, the company says.Sources: Globes, CTech, JFrog (SEC filing)Amnon Shashua explores selling control of One Zero at up to $375 million, reports say - Shashua told Calcalist the report is incorrect.Sources: CTech, GlobesIntel and Classiq agree on payment in Intel shares, Globes reports - Intel's stock has fallen 42% since the session after the deal was announced, Globes says.Sources: GlobesLeaked documents show Cisco nearly lost a $67 million Israeli military intelligence account - Cisco did not respond to questions about the documents, first obtained by The Guardian.Sources: CTech, YnetnewsArrow engine maker Tomer prepares a bond issue of up to NIS 500 million - The structure lets the state-owned company raise money without listing its shares.Sources: CTechDefense supplier CM Composite Materials seeks court protection - The Modi'in company owes about NIS 26 million and cannot pay October salaries, Globes says.Sources: CTech, GlobesServiceNow swings to net debt after $9 billion of acquisitions led by Armis - Armis cost about $7.6 billion; ServiceNow also bought four other Israeli startups this year.Sources: CTechRafael's German unit wins an 84.5 million euro anti-tank deal in Finland - Deliveries of the RGW110 begin in 2027.Sources: Globes, Defence Industry EuropeBritain opens applications for the 2027 ScaIL UK program for Israeli tech companies - The British Embassy says more than 400 Israeli companies expanded into the UK in five years.Sources: Ynetnews What to watch: Whether a buyer signs for a controlling stake in One Zero, after reports of talks that Amnon Shashua denies. This episode was brought to you by SkillSim. Interactive, timed AI hiring scenarios that test what candidates can really do, instead of take-home tasks they paste into ChatGPT. Try it free at skillsim.co. Full transcript: https://www.startuptofollow.com/israel-tech-daily/2026-11-09-jfrog-one-zero-classiq-cisco Israel Tech Daily is written from the day's reporting and voiced by AI hosts. Corrections: editor@startuptofollow.com
- 5 days ago8 min
Intel's Classiq deal could reach $2.25 billion, Palo Alto eyes Beacon, and Amdocs clashes with T-Mobile
Intel's filing shows up to $350 million in milestone payments on top of $1.9 billion for Classiq, Palo Alto Networks is reported to be in talks for Beacon Security, and Amdocs cuts its forecast over a dispute with T-Mobile. Intel's Classiq deal includes up to $350 million in milestone payments on top of $1.9 billion - Intel may settle the purchase price in cash or shares and expects to close in the first half of 2027.Sources: CTech, Intel 10-Q (SEC)Palo Alto Networks in talks to acquire Israeli AI security startup Beacon - Beacon, founded in 2024, raised a $13 million seed round in July led by Notable Capital.Sources: CTech, CTech analysisAmdocs cuts its forecast over a dispute with T-Mobile, its second-largest customer - T-Mobile accounted for about 20% of Amdocs' revenue in fiscal 2025.Sources: Globes, CTechSri Lanka to buy four BlueBird drones in a $12.8 million deal - The purchase still needs review by the Attorney General's Department and the Cabinet.Sources: CTechIsrael launches a 60 million shekel program to help startups test technology in space - The program covers 35% of launch costs for 15 participants over three years.Sources: YnetnewsPlaytika ends its strategic review and will stay independent - The shares rose more than 12% after the announcement, Globes reports.Sources: GlobesT3 Defense completes its purchase of KeepZone AI from Israel's Nexera Technologies - The amended price is $1,539,800, paid in 425,594 T3 Defense shares.Sources: Stock TitanArkia partners with Israeli eSIM provider Voye Global - Arkia customers get data plans at about 20% to 36% off standard rates.Sources: The Jerusalem Post What to watch: Whether the dispute between Amdocs and T-Mobile, a customer worth about a fifth of Amdocs' revenue, moves to formal arbitration. This episode was brought to you by SkillSim. Interactive, timed AI hiring scenarios that test what candidates can really do, instead of take-home tasks they paste into ChatGPT. Try it free at skillsim.co. Full transcript: https://www.startuptofollow.com/israel-tech-daily/2026-11-08-intel-classiq-palo-alto-beacon-amdocs Israel Tech Daily is written from the day's reporting and voiced by AI hosts. Corrections: editor@startuptofollow.com
- 6 days ago7 min
Palo Alto in talks for Clutch at $500 million, MongoDB nears Firebolt, two Israelis charged in AI fraud case
Palo Alto Networks is reported to be in talks to buy Clutch Security for about $500 million, MongoDB is in advanced talks for Firebolt, and US prosecutors charge two Israelis in an alleged $129 million AI impersonation scheme. Palo Alto Networks in talks to buy Clutch Security for about $500 million - The talks were reported by The Information; Palo Alto Networks does not comment on rumors.Sources: Globes, CTechMongoDB in advanced talks to buy Firebolt for $250 million to $300 million - Firebolt was valued at about $1.4 billion in early 2022, according to ice.Sources: TheMarker, iceTwo Israelis among three charged in an alleged $129 million AI impersonation fraud - All three defendants were arrested in Europe and are awaiting extradition to the United States.Sources: Ynetnews, ABC News, The Times of IsraelPriority buys AI CRM company Fireberry at a valuation of more than $30 million - It is Priority's fifth and largest acquisition since Blackstone took control in 2024.Sources: CTechBria.ai lays off about 20 of its 60 employees - Vice president of research Ron Mokady has left the company.Sources: CTechIsraeli defense-tech investment expected to reach about $1 billion in 2026 - The forecast came from the Manufacturers Association of Israel, up from about $360 million in 2025.Sources: The Jerusalem PostIntel CEO Lip-Bu Tan buys another $9.7 million of Intel shares - Both of his purchases since August show paper losses, CTech calculates.Sources: CTechPayoneer adds an Israeli payments license as it heads toward its sale to Nuvei - Third-quarter revenue rose 5% to $222 million, the company says.Sources: PYMNTS What to watch: Whether Palo Alto Networks signs a deal for Clutch Security, which would be its fifth announced acquisition this year. This episode was brought to you by SkillSim. Interactive, timed AI hiring scenarios that test what candidates can really do, instead of take-home tasks they paste into ChatGPT. Try it free at skillsim.co. Full transcript: https://www.startuptofollow.com/israel-tech-daily/2026-11-06-palo-alto-clutch-mongodb-firebolt Israel Tech Daily is written from the day's reporting and voiced by AI hosts. Corrections: editor@startuptofollow.com
- 1 weeks ago7 min
Sentra raises $150 million, Explorium shuts down, and Nice says AI is part of its job cuts
Data security company Sentra raises $150 million led by Capital One Ventures, Explorium closes after raising more than $127 million, and Nice links its job cuts to AI as its results come in. Sentra raises $150 million led by Capital One Ventures - The round brings Sentra's total funding to more than $250 million; the valuation was not disclosed.Sources: Globes, CTech, YnetnewsExplorium shuts down after raising more than $127 million - Geektime says more than 70 employees are expected to lose their jobs.Sources: CTech, GeektimeNice ties its job cuts to AI and says there is no update on the Actimize sale - Third-quarter revenue rose 8% to $791 million, according to CTech.Sources: CTech, CTechFortissimo Capital buys cargo-tracking company Contguard for about $50 million - The seller is Ewave Mobile, part of the Ewave group; the figure was reported by TheMarker.Sources: iceBrava Security raises a $15 million seed round led by Pitango and F2 - Senior executives from Anthropic, Microsoft and Check Point also invested.Sources: CTech, iceSchneider Children's Medical Center and Clalit launch a pediatric health venture fund - The fund targets $50 million; outlets differ on how much it has raised so far.Sources: CTech, The Times of IsraeleToro agrees to buy Argentine investment app LB Finanzas - It is eToro's fourth acquisition agreement of 2026.Sources: FX News GroupWiz helps lift Google's headcount to a record as buyouts expand - Google had 204,757 employees at the end of September 2026.Sources: CTech What to watch: Whether Nice signs a sale of its Actimize division, after its chief executive said there was no update on the process. This episode was brought to you by SkillSim. Interactive, timed AI hiring scenarios that test what candidates can really do, instead of take-home tasks they paste into ChatGPT. Try it free at skillsim.co. Full transcript: https://www.startuptofollow.com/israel-tech-daily/2026-11-05-sentra-explorium-nice-contguard Israel Tech Daily is written from the day's reporting and voiced by AI hosts. Corrections: editor@startuptofollow.com
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About Israel Tech Daily
A short daily briefing on Israel's tech industry, in English: the funding rounds, acquisitions, IPOs, product launches, layoffs and scandals from the last day, explained in about six minutes. From Startup to Follow. Written from the day's reporting in English and Hebrew, with every source linked in the show notes, and voiced by AI hosts.
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