Several notable funding rounds and deals emerged from Israeli tech and business circles in the past four days.
Alta Raises $25M Series A
Alta, an AI agent platform serving marketing and sales teams, raised $25 million in a Series A round. The round was led by IN Venture (Sumitomo) with participation from Mindset Ventures, Skywell Capital, LeumiTech, Entree Capital, Target Global, and Verissimo. The company has now raised a total of $32 million, including a prior $7 million seed round. Revenue grew 800% year-over-year to a $15 million annual run rate.
J-Ventures Closes $36M Third Fund
J-Ventures closed its third fund at $36 million, bringing total assets under management to $110 million. The fund focuses on Israeli and US startups and is backed by approximately 600 Jewish investors and executives.
Matrix Acquires Majority Stake in Laor Energy
Matrix acquired 80% of Laor Energy for $24 million. The deal expands Matrix's presence in defense and electromechanical systems.
Additional Activity
- Factor X, a skincare startup co-founded by Bar Refaeli and others, raised several million dollars.
- Fattal acquired the Blakely Hotel in New York City for $38.5 million, marking its first North American hotel property.
- Vast Data and the Tmura Foundation launched a $1 million scholarship fund for Israeli AI students at Tel Aviv University, Technion, and the Open University, funded through secondary deal proceeds.
These transactions reflect continued activity across AI, venture capital, defense tech, and hospitality sectors in the Israeli ecosystem. All figures and details are drawn from posts by accounts in the israeli_funding profile.