In the past few days (July 19-23, 2026), several significant funding rounds and deals were reported in the Israeli tech ecosystem, centered around cybersecurity and AI security.
Glow Emerges from Stealth at $1.2B Valuation
Israeli cybersecurity startup Glow, founded by ex-Meta, Snowflake, and Claroty executives, raised $180 million in a round that valued the company at $1.2 billion. The startup focuses on securing AI systems.
Neo Launches with $100M Round
Another Israeli-American startup, Neo, launched operations with a $100 million raise backed by a16z, Bessemer, Craft, and Merlin. It specializes in securing AI agents.
Additional Activity
- Plantopia raised $9 million to produce dairy proteins without cows, led by Schreiber Foods.
- Defense tech firm ASIO signed a multi-million dollar deal with Anduril and raised $15 million, its first external investment after over 20 years of self-funding.
- Reports indicate Cisco is investing in Zafran_io and in talks to acquire the cyber startup for $150–200 million.
The Bottom Line
The Israeli market continues to show strong activity in security and AI, with meaningful rounds underscoring the strength of local startups. All figures are drawn from reports by Calcalist and IsraelTech.
Why It Matters
These rounds highlight growing demand for advanced security solutions in the AI era and reinforce Israel's position as a hub for cybersecurity innovation.
