The week of May 18–23 was one of the busiest this year for Israeli tech, with a string of large funding rounds, acquisitions, and continued acceleration in AI investments. Israeli startups raised $1.78 billion across 68 rounds since the start of 2026, according to Tracxn data, building on a strong Q1 of ~$3.1 billion — up roughly 34% year-over-year.

Decart — the week's largest round

Decart, which develops real-time AI infrastructure and world models, closed a $300 million round at a $4 billion valuation. Nvidia leads the investment, with Amazon as a strategic customer. It's one of the largest Israeli rounds of the year overall and the biggest in the AI infrastructure space.

Unframe crosses $100M in contracts

Unframe, an AI platform for rapid enterprise deployment, raised $50 million in a Series B led by Highland Europe, with participation from Bessemer Venture Partners, Craft Ventures, TLV Partners, and Third Point Ventures. Founded by former Noname Security executives, the company reported over $100 million in total contract value within 12 months and 400% net revenue retention.

Cyera acquires Genie Security for ~$50M

Cybersecurity unicorn Cyera acquired Genie Security, a data loss prevention startup just five months old, for approximately $50 million. Genie developed a solution to prevent data leaks through generative AI tools. Early investors included Mensch Capital, Dynamic Loop, and Wiz's Assaf Rappaport. Genie's ~30-person team will join Cyera.

Tribal, Ocean, NanoCo — the AI agent wave continues

Three more companies in the AI agent space raised significant capital this week:

  • Tribal — $10 million for an enterprise AI agent platform. Founded by former Salesforce, Wix, and Spot.io executives, backed by Team8.
  • NanoCo — $12 million Seed round for open-source enterprise AI agents, already used at Amazon, Google, and Meta.
  • Ocean — $20 million Series A for AI-driven email security.

Vortex Imaging — $12M for digital health

Vortex Imaging, developer of a cloud-based computational 3D ultrasound system, raised $12 million led by 10D Ventures. The Givatayim-based company plans to use the funds for clinical development, FDA clearance, and commercialization.

Oshi — $3M for plant-based salmon

Oshi, which produces whole-cut plant-based fish alternatives — including whole salmon filets — raised $3 million from a Latin American seafood conglomerate, alongside Unovis Asset Management and Alumni Ventures. The company posted 4x sales growth over the past year and is launching a new whitefish product line.

More M&A

Torq acquired Jit (estimated at $70 million), an all-Israeli deal adding context graph technology and ~30 engineers to Torq's AI-powered SOC platform.

The big picture

Despite ongoing regional challenges, Israeli tech continues to attract global capital. AI — particularly agents, infrastructure, and cybersecurity — is the central growth engine. According to Globes, April alone contributed $1.3 billion in fundraising. There's also a notable increase in local investor participation alongside international money, especially at Seed and Series A.

The Calcalist/CTech list of the 50 Most Promising Israeli Startups for 2026, published in April, illustrates the shift: the leading companies are AI-native, focused on revenue, infrastructure, and real-world applications — not just hype.