The past week was one of the most eventful of 2026 in the Israeli funding and M&A scene. Within days, several of the year's largest deals closed, led by AI infrastructure company Decart, which raised $300 million at an approximately $4 billion valuation, with Nvidia joining as a new investor.
The big rounds
Decart, which develops real-time AI infrastructure and world models, raised $300 million in a Series B led by Radical Ventures. Nvidia joined as a strategic investor alongside eBay Ventures, Adobe Ventures, Toyota Ventures, and Valor Equity Partners. The Israeli-American company, founded in 2023 by Dr. Dean Leitersdorf and Moshe Shalev, has now raised over $450 million to date.
Kela, the defense-tech and cybersecurity startup founded by Hamutal Meridor, raised $200 million at a roughly $1 billion valuation — becoming a unicorn less than two years after founding. The round was led by Stripes and D1 Capital Partners, with participation from Sequoia, Lux Capital, billionaire Bill Ackman, and former Google chairman Eric Schmidt.
Unframe, which builds an enterprise AI deployment platform, raised $50 million led by Highland Europe. Founded by former Noname Security executives, the company surpassed $100 million in total contract value within its first year.
Ocean, an AI-driven email security startup, raised $20 million in a Series A. The company uses intent analysis rather than pattern matching to detect advanced phishing attacks.
Hot seed rounds
On the early-stage front, three rounds stood out: NanoCo — creator of the open-source NanoClaw platform for secure AI agents — raised $12 million led by Valley Capital Partners; Tribal — an enterprise agent platform founded by former Salesforce, Wix, and Spot.io executives — raised $10 million led by Team8; and Arito — an AI tool for finance teams founded by Daniel Zahavi — raised $6 million led by Amplify Partners.
Exits and M&A
The exit market was equally active. U.S.-based Artivion acquired Israeli Endospan in a deal worth up to $335 million, triggered by FDA approval of its aortic repair system. Ondas acquired Omnisys, an Israeli military software developer, for $200 million.
In cybersecurity: cyber unicorn Cyera acquired Genie Security for $50 million — just five months after Genie's founding; and Check Point acquired Deepchecks, an AI startup, for an estimated $10–20 million to strengthen its AI security platform.
The bottom line
Recent weeks reinforce the picture that has emerged since the start of 2026: the Israeli ecosystem is raising less capital in total deal count (down 17% year-over-year), but the largest deals — particularly in AI, cybersecurity, and defense tech — are growing bigger. Capital is flowing to quality companies with deep technology, and the exit market is awakening with hundreds-of-millions-dollar transactions.
