The last week of June was one of the busiest on record for the Israeli tech ecosystem, with a mega-round, a new deep-tech fund closing, an Israeli-Israeli fintech acquisition, and a major policy expansion by the Israel Innovation Authority.

AppsFlyer Raises Over $1B

The biggest story of the week was AppsFlyer, the marketing measurement and attribution platform, which raised over $1 billion (reportedly around $1.3 billion) from Google, Meta, Unity, and Moloco at a $2.7 billion valuation. Much of the capital came through secondary share purchases, providing liquidity to early investors. The company plans to accelerate AI-powered measurement and attribution tools and remains independent.

Deep33 Closes $200M Oversubscribed Deep-Tech Fund

Deep33, the Israeli deep-tech VC founded earlier this year by Lior Prosor and US entrepreneur Michael Broukhim, closed its debut fund at $200 million—above the $150 million target. Over half of the LPs are from the US and UK, with Israeli institutional investors also participating—a shift in sentiment the fund says didn't exist six months ago. Deep33 focuses on AI, infrastructure, energy, quantum computing, and communications components, with roughly 70% flowing to Israeli-founded companies. Portfolio companies include Particle, QuamCore, Seabridge, and OHR.

Priority Acquires Obol

Priority, the Israeli financial software company, acquired Obol, an AI-driven cash-flow forecasting startup, for tens of millions of shekels. This is Priority's fourth acquisition since its Blackstone-backed transformation and signals continued consolidation in Israeli fintech.

Israel Innovation Authority Expands Early-Stage Support

On June 28, the Israel Innovation Authority announced a significant expansion of its Startup Fund, raising investment caps, broadening eligibility for pre-seed and seed rounds, and adding flexibility. The move aims to support early-stage deep-tech companies at a time when global capital continues to concentrate in larger, later rounds.

Bottom Line

The week's activity underscores sustained international investor confidence in Israeli tech, but capital is consolidating in mature companies and mega-rounds. H1 2026 data from Poalim Tech and Dealigence shows Israeli tech companies raised approximately $8.6 billion in the first half of 2026—up 45% year-over-year—while the number of rounds dropped 35%.