Israel’s tech ecosystem has been at war and at work for the last two years.
War? Reserve duty? Bomb shelters? And still, we:

💰 Raised $20B+ in private capital
🤝 Closed 150+ M&A deals worth ~$50B
📈 Hit a 3-year funding high in H1 2025: $9.3B
🧑‍💻Added 25,000 new high-tech jobs

Israeli tech’s resilience and drive keep thriving - No Matter What. And IsraelTech is here to bring that news to you.

Israeli Tech Always Delivers #nomatterwhat ft. Startup Nation Central, Viola and G-CMO

Take a look back on a previous episode of IsraelTech highlighting the resilience of the Israeli tech ecosystem. These wonderful ladies were some of the brains behind the viral campaign - Israeli Tech Delivers #NoMatterWhat.

Featuring: Aliza Tamir, CMO of Start-Up Nation Central, Sophie Melnik Amitay, Co-founder of G-CMO, and Merav Meluban VP of Marketing at Viola.

Since October 7th, 2023, Israeli tech companies have taken a hit economically. Their global clients were worried as to whether they would be able to work and live up to their expectations during war and under rocket fire. Well, guess what? The Israeli tech ecosystem has outdone itself. Businesses continue to serve and delight their customers beyond their expectations.

Resilience isn’t just a slogan. It’s the enduring spirit that has made Israeli tech what it is today.

As Golda Meir said 50 years ago - our secret weapon is that we have no other place to go, so we can’t lose. This is ingrained in the Israeli mentality, both in life and in business.

Shorts of the Week

Think raising a VC fund starts with pitching LPs? You’re already behind. ft. Nir Goldstein of Greenfield Partners

Israeli tech’s unfair advantage? The fighter pilot mindset. ft. Chemi Peres of Pitango

How do you go from startup to acquisition? ft. Gil Shai of Meron Capital

Everyone’s focused on bringing Olim to Israel, but what’s keeping them here? ft. Abbey Onn of Nevo Network

Can you solve industry challenges without being an expert in that industry? ft. Lea Cromwell of UpWest

This Week in Israeli Tech News

1. Imagene AI Raises $23M to Advance Precision Medicine 
   Imagene AI is pioneering AI-powered diagnostics and personalized treatment by integrating imaging, omics, and clinical data, cutting cancer mutation detection from weeks to minutes.

2. Wonderful Raises $34M to Reinvent AI Contact Centers in Underserved Markets
   Wonderful is stepping out of stealth with an AI-powered platform that delivers real-time support via voice, chat, and email with no queues, targeting overlooked regions in Europe, Asia, and Mena.

3. ICI Fund Secures $50M for Fund II, Plans 15 More Investments by 2026 
   VC firm ICI Fund just closed a $50 million raise for its second fund, aiming to back startups across AI, cybersecurity, healthtech, fintech, and infrastructure. The fund already counts successful exits with Eureka (Tenable) and Suridata (Fortinet).

4. Rafael Wins Romanian Tender for SPYDER Air Defense 
   Romania selects Israeli defense leader Rafael for a short-range missile system deal, likely involving the SPYDER platform. The decision follows Bucharest’s recent Iron Dome purchase and boosts Rafael’s European footprint.

5. Cato Networks Raises $359M at $4.8B Valuation, Delays IPO
   Cato Networks, a leader in cybersecurity and remote network access using a cloud-native SASE (Secure Access Service Edge) platform, has secured a massive $359 million Series G funding round, bringing its valuation to $4.8 billion. The firm provides enterprise-grade security and connectivity, replacing legacy patchwork solutions with a unified, AI-powered platform. The company is opting for employee rewards over an immediate IPO, with over $100 million of the new funding going to secondary sales for staff.

Culture Corner

Israel’s South: Seven Gaza Border Communities Approved to Return Home as Hostage Crisis Persists

The Israeli government has approved the immediate return of residents to seven of the Gaza border communities most devastated by the October 7 Hamas attack, following essential renovations and the removal of military restrictions. Residents of Re’im, Kerem Shalom, Nirim, Ein Hashlosha, Sufa, Nir Yitzhak, and Netiv Ha’asara can return starting Tuesday, while subsidies for alternative housing will end on July 31 for those who choose not to go back. Additional communities, including Nahal Oz, Kissufim, Holit, Kfar Aza, and Be’eri, are expected to reopen in phases through 2026. Kibbutz Nir Oz, where terrorists attacked nearly every home and kidnapped or murdered a quarter of the population, has no return date as planning for its 350 million NIS rehabilitation just began. Despite structural repairs, many residents face severe mental, emotional, and financial challenges, with local leaders emphasizing that true rehabilitation extends beyond physical reconstruction. Ongoing IDF operations in Gaza continue to shake nearby Israeli towns with heavy airstrikes, causing persistent structural damage even to recently repaired homes. As of now, 116 hostages remain in Gaza, 112 have been returned alive, and 43 bodies of hostages are still believed to be held in the Strip.

Learn more at IsraelDailyNews.org

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