Top Ten Deals of the Year: Israeli Tech Startups, Game-Changing Investments 

Israel’s tech ecosystem, often referred to as the Startup Nation, continues to demonstrate its unparalleled ability to innovate and grow, despite an ever-changing global landscape. The country’s ecosystem thrives on what we call “Impatient Innovation”—bold, fast, and solution-driven advancements that push boundaries and defy norms. This unique culture of relentless problem-solving has enabled Israeli tech startups to make significant strides, especially in high-impact sectors like cybersecurity, health tech, fintech, and industrial technologies.

Israeli Tech Startups Continue to Thrive

It has been a landmark year for Israeli startups, with substantial investments flowing into some of the most promising companies. These funding rounds underscore Israel’s tech landscape’s resilience and highlight its ability to attract global investors and venture capital firms. At Startup Nation Central, these investments prove that Israel remains a global powerhouse, driving technological innovation across critical industries – even through difficult domestic and global challenges.

With the highest venture capital investments per capita, Israel’s tech sector thrives. Even amidst challenges such as geopolitical uncertainties and a shifting economic landscape, Israeli tech startups have raised remarkable rounds of funding that will propel them to the next phase of growth and global impact. This year’s top deals cover sectors ranging from cybersecurity to health tech, fintech, and industrial technologies, showcasing the breadth and depth of Israel’s tech capabilities.

As we enter a new Jewish year, here are the ten largest funding rounds since last year which have reshaped the Israeli tech landscape and positioned these companies for continued global leadership.

1. Wiz – $965M in Cybersecurity (E Round)

Topping the list is Wiz, a cybersecurity giant that secured an impressive $965 million in May 2024. Wiz has revolutionized cloud security with its platform, helping businesses identify and mitigate risks in their cloud environments. This E round positions Wiz as one of the world’s most valuable cybersecurity firms, continuing to attract global investors and leading enterprises.

2. Cyera – $300M in Cybersecurity (C Round)

April saw Cyera, another leader in cybersecurity, raising $300 million in a C round. Cyera’s platform provides real-time insights into sensitive data exposure and security vulnerabilities, helping companies better protect themselves against data breaches. The significant investment highlights the importance of cybersecurity solutions in today’s digital landscape.

3. Next Insurance – $265M in Fintech & Insurtech (F Round)

Next Insurance, a trailblazer in the insurtech sector, secured $265 million in November 2023. This F round of funding will accelerate the company’s efforts to simplify and digitize insurance solutions for small businesses. Next Insurance’s innovative platform is designed to streamline the insurance process, providing faster, more affordable coverage.

4. Axonius – $200M in Cybersecurity (E Round)

In March 2024, Axonius, a leading asset management platform for cybersecurity, raised $200 million in an E round. Axonius simplifies the management of IT assets and helps companies ensure their networks are secure. The investment is set to further expand the company’s global footprint.

5. Island – $175M in Cybersecurity (D Round)

Island, a cybersecurity startup focused on creating enterprise-grade browsers, secured $175 million in April 2024. This D round of funding highlights the growing need for secure, customized browsers in today’s business environment, and Island is poised to meet that demand.

6. Insightec – $150M in Health Tech & Life Sciences (G Round)

June 2024 marked a significant milestone for Insightec, a health tech innovator, as it raised $150 million in its G round. Insightec’s non-invasive surgery technology, which uses focused ultrasound to treat neurological disorders, continues to gain traction, improving outcomes for patients globally.

7. Weka – $140M in Business Software (E Round)

Weka, a company revolutionizing high-performance data storage solutions, closed an E round of $140 million in May 2024. The company’s platform provides businesses with fast, scalable storage solutions, enabling them to manage large data sets efficiently, especially in AI and machine learning applications.

8. Guesty – $130M in Fintech & Insurtech (F Round)

In April 2024, Guesty, a fintech and property management platform, raised $130 million. Guesty’s software simplifies property management by automating tasks and integrating various platforms, helping property managers streamline operations and improve guest experiences.

9. Semperis – $125M in Cybersecurity (D Round)

Another strong player in the cybersecurity sector, Semperis, raised $125 million in June 2024. Semperis specializes in identity protection for hybrid environments, offering solutions that safeguard organizations from cyberattacks targeting Active Directory systems.

10. Hailo – $120M in Industrial Technologies (C Round)

Rounding out the top ten is Hailo, an industrial tech company that raised $120 million in April 2024. Hailo develops AI processors for edge devices, enabling smart applications across industries like automotive, smart cities, and Industry 4.0.

Looking Ahead: Israeli Tech Startups of Tomorrow

These investments illustrate the resilience and growth potential of Israeli tech startups across multiple sectors. A