Israeli startups raised approximately $3.3 billion in June 2026, the strongest monthly figure since 2022, according to reports published this week by Globes and CTech. The figure caps a robust first half: $8.45 billion total, up roughly 45% year-over-year.

The largest rounds

The month was led by AppsFlyer, the marketing analytics company, which raised $1.3 billion in a Series E at a roughly $2.7 billion valuation, with participation from Google, Meta, Unity, and Moloco. It is one of the largest rounds in Israeli tech history.

Cybersecurity company Cyera raised $600 million at a $12 billion valuation. DriveNets, which develops cloud networking solutions, raised $410 million at an $8.5 billion valuation.

Dream Security completed a $260 million Series C at a $3 billion valuation, co-led by Bicycle Capital and Group 11. Observability company Coralogix raised $200 million at a $1.6 billion valuation, and ZutaCore, which develops waterless cooling technology for data centers, raised $100 million.

Rylo (formerly Nagish), an AI platform for real-time speech and sign language translation, raised $85 million at a $500 million valuation. NewCore raised $66 million for workforce identity security, and PointFive raised $60 million for AI efficiency management.

Other notable rounds included Aligned ($60 million, B2B AI sales agents), Honeycomb ($40 million, insurtech), Pi ($35 million, cloud code analysis), Aryon Security ($25 million, cybersecurity), Jedify ($24 million, enterprise AI context layer), Limitless Labs ($20 million, AI for manufacturing), Lama AI ($12 million, AI banking agents), Baz ($9 million, AI coding tools), and Tenet ($6 million, AI agent runtime protection).

M&A wave

June also saw a wave of exits and acquisitions. Motorola Solutions acquired D-Fend Solutions, which develops counter-drone technology, for $1.5 billion. Canadian payments company Nuvei acquired Israeli fintech Payoneer for $2.75 billion in an all-cash deal.

In the identity security space, 1Password acquired Apono for an estimated $250–300 million, the company's first Israeli acquisition. SailPoint acquired Entro Security for approximately $200 million, strengthening its non-human identity management capabilities.

Additional deals: Western Union acquired Israeli fintech GMT for $70 million; Belgian cyber unicorn Aikido acquired Root for $70–100 million; and Priority, the Israeli ERP provider, acquired Obol for tens of millions of shekels.

New fund: Deep33 closes at $200M

Deep33, a deep-tech venture capital fund founded by Israeli VC veteran Lior Prosor and US entrepreneur Michael Broukhim, closed its maiden fund in June at $200 million, well above its $150 million target. The fund focuses on early-stage deep-tech investments in AI infrastructure, energy, quantum computing, and advanced physical technologies. About 70% of its investments target Israeli-founded companies.

Separately, Stratos Ventures announced a $50 million first close for a new defense-tech fund targeting early-stage Israeli startups.

The bottom line

June 2026 paints a clear picture: an ecosystem concentrating around larger rounds in fewer companies. Cybersecurity remains the dominant sector alongside a significant rise in AI and infrastructure deals. With $8.45 billion in H1, 2026 is on track to be one of Israeli tech's strongest years, not necessarily in deal count, but in the sheer scale of capital raised and the size of individual rounds.