Israeli Tech Pulls in USD 950m
Israeli startups raised over USD 950 million across 18 deals in May 2025, according to a report by CTech. While this reflects a drop of more than 30% compared to May 2024, the decline stems from the absence of an outsized investment like Wiz’s USD 1 billion round last year. Still, the tech ecosystem demonstrated resilience with multiple significant raises across cutting-edge sectors.
AI21 Labs, a leader in natural language processing, closed a USD 300 million Series D—the largest round of the month. Quantum computing firm Classiq raised USD 110 million in Series C funding. Other major rounds included USD 72.5 million for maritime AI company Orca AI, USD 72 million for bereavement tech platform Empathy, and USD 60 million each for cybersecurity startups Ox Security and Kela. Digital pharma company PhaseV also secured USD 50 million.
Read more in Calcalist Tech.
