Olim & Networking in Tech With Abbey Onn of Nevo Network. $2.5B Buyout. $125M Funding

This Week in IsraelTech - Building the Future for Israeli Olim [Immigrants] in Tech ft. Abbey Onn from Nevo Network

Building the Future for Israeli Olim [Immigrants] in Tech ft. Abbey Onn from Nevo Network

Why do so many talented immigrants leave Israel within just a few years? Abbey Onn, Executive Director of Nevo Network, joins IsraelTech to expose a challenge most don’t talk about: one in three English-speaking Olim leave Israel within three years and it’s often because they can’t find their footing professionally. Nevo is changing that by creating long-term, high-impact support systems for immigrant talent in Israeli tech. Abbey brings 20 years of leadership experience in higher ed and nonprofit sectors, including as CEO of InsideIL. She now partners with Michael Eisenberg (Aleph VC) to build a top-tier professional network for global talent already living in Israel, offering mentorship, cohort-based programming, leadership development, and a deep sense of community. In this episode:

  • Why career stagnation, not culture shock, is what drives many Olim to leave

  • How Nevo helps turn potential into leadership

  • What changed after October 7 and how Nevo’s members responded

  • Why belonging is the foundation for long-term impact

If Israel wants to retain its best global minds, it needs to start with connection. This is how. Hosted by Yoel Israel at the Aleph office

Shorts of the Week

Struggling to build a career in Israel as an Oleh? - Ft. Abbey Onn of Nevo Network
From getting backed by Gili Raanan to becoming his VC partner - Ft Hila Zigman of Cyberstarts
Startups raising their Series A aren’t always following the "rules" we’re told to expect. - Ft. Judah Taub of Hetz
2,000 engineers. Every. Single. Year. - Ft. Sivan Cohen Shachari of DeserTech
95% of TLV Partners’ seed investments reach Series A. - Ft. Rona Segev of TLV Partners

This Week in Israeli Tech News

  1.  Snyk Acquires Invariant Labs to Secure Agentic AI
    The cybersecurity unicorn is leveling up its AI Trust Platform by acquiring Invariant Labs, a Zurich-based AI security research startup. The move brings new muscle to defending against emerging threats like tool poisoning and MCP vulnerabilities.

  2. Quinn Raises $11M to Scale Personalized AI Financial Advice
    Israeli startup Quinn is eliminating the scalability limits of traditional financial planners with its AI-powered wealth advisory engine. The company closed an $11M seed round.

  3. Waltz Secures $25M to Expand into LATAM
    Waltz is unlocking global access to U.S. investment property loans, now with a $25M credit line to fuel $1B in loan volume. The move marks their entrance into Latin America.

  4. Rafael Buys $153M of Office Space to Expand R&D in Tel Aviv
    Defense giant Rafael is doubling down on R&D with a major real estate acquisition in Tel Aviv’s Cosmopolitan towers. The deal, tied to relocation from their East TLV site, includes 16,000 sqm of office space.

  5. Xero Acquires Melio for $2.5B to Expand in the US Market

    Melio, the Israeli-founded B2B payments platform for SMBs, is being acquired by New Zealand-based accounting giant Xero in a landmark $2.5 billion deal.

  6. ForSight Robotics Raises $125M to Transform Eye Surgery with AI
    ForSight Robotics, an innovative Israeli medtech startup, is on a mission to change the way eye surgeries are performed. Their ORYOM robotic system is designed to improve cataract surgery precision and make eye care more accessible.

Culture Corner

At 4 a.m. Monday, June 16th a missile exploded at journalist Shanna Fuld’s Tel Aviv apartment destroying her home, her studio, and nearly taking her life. Moments before the impact, she had wrapped another episode of the Israel Daily News Podcast, reporting from the field in Bat Yam. Now living out of a city-assigned hotel and working off broken gear, Shanna continues to deliver the news under unimaginable conditions. Her story is one of grit, survival, and the vital role of independent journalism during wartime.

Hear her full story in the Israel Daily News podcast and show your support on her website IsraelDailyNews.org

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