The third week of May 2026 is producing blockbuster headlines for Israeli high-tech, with a string of acquisitions, mega-rounds, and multinational expansion on the ground.
Acquisition #1: Cyera Buys Genie Security
Israeli cybersecurity unicorn Cyera is acquiring early-stage startup Genie Security for approximately $50 million. Genie, founded just five months ago with only five employees, developed AI-powered technology to detect attempts to leak sensitive data from employee devices — a risk that has become critical as enterprises embrace generative AI tools.
This marks Cyera's fifth acquisition in a short period and signals an aggressive growth strategy. Cyera itself carries a valuation of roughly $9 billion following its last mega-round. Founders Nadav Noy and Noam Dotan will join the company along with their small team.
Acquisition #2: Torq Adds AI Context Graph
On Tuesday, Israeli cybersecurity company Torq announced its acquisition of fellow Israeli startup Jit (jot.io) in a deal estimated at roughly $70 million. Torq builds an autonomous AI-powered Security Operations Center (SOC) platform. Jit's AI Context Graph technology maps relationships between users, assets, identities, and privileges inside an organization, dramatically improving threat detection and response.
The deal comes months after Torq raised $140 million at a $1.2 billion valuation, and follows its earlier acquisition of another Israeli startup, Revrod.
Mega-Round: Decart Raises $300M
Israeli AI infrastructure company Decart closed a $300 million round led by Nvidia, with Amazon as a strategic customer. Decart is considered one of the most promising infrastructure plays in the AI space, and this raise solidifies its position in a fiercely competitive market.
Additional Rounds
Several other notable raises this week: Unframe secured $50 million in Series B and crossed $100 million in contracts within a year; Ocean raised $20 million in Series A for AI-driven email security; Tribal raised $10 million for an enterprise AI agent platform (backed by Team8, with founders from Salesforce, Wix, and Spot.io); and NanoCo raised $12 million in Seed funding for enterprise AI agents.
Nvidia Expands in the South
On the ground, Nvidia is relocating its Be'er Sheva R&D center to a new 3,000-square-meter facility — three times its current space — and plans to hire hundreds more employees, including chip developers and hardware and software engineers. Israel remains Nvidia's second-largest development hub globally, with over 5,000 employees nationwide.
The Bottom Line
The Israeli ecosystem continues to show strength despite geopolitical and macro headwinds. Rapid acquisitions of young startups by unicorns, mega-rounds in AI infrastructure, and expansion by global tech giants all point to an industry maintaining strong momentum into 2026.
