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Osman Husain · · 6 min read

Winter fails to appear in Israel; 36 startups raise $547m in June

Photo credit: Moyan Brenn .

Photo credit: Moyan Brenn .

Startups in Israel continue to raise the bar and set standards for tech ecosystems around the world. A total of 36 startups from the country raised a combined US$547 million from investors, according to data compiled by Israeli techies Nir Ben and Hillel Fuld. That’s despite all the talk of an impending credit crunch and weakening VC appetite.

To give you some context, Israeli startups pocketed an average of US$300 million every month in 2015. June’s figures mean they’re on course to smash that record – and perhaps double the average – by the end of the year.

Here are all the funding announcements in June:

1. Walkme

Walkme helps guide people through confusing and complicated online services. It raised US$50 million at a US$400 million valuation in a series E round led by Insight Venture Partners.

2. Meta

Meta is an augmented reality startup which develops both hardware and software. It nabbed US$50 million in series B funding to expand its range of products and scale into markets like China. The round was led by Horizons Ventures.

3. Interlude

Interlude is a nifty new media and technology company that’s trying to develop different kinds of videos which respond to a person’s emotions and interests. It raised approximately US$50 million (exact terms were undisclosed) from Sony Pictures Entertainment.

4. Trax

Trax is headquartered in Singapore but has Israeli founders and maintains a large research and development office in Tel Aviv. The startup builds computer vision technology products for the retail and “fast-moving consumer goods” sectors, helping brands get more control over how their products are arranged on shelves. It raised US$40 million in series C at a valuation of US$220 million.

5. Weka

Weka is trying to radically simplify the way storage is deployed in datacenters. It works mainly with enterprise and cloud companies. The startup got US$22.5 million in series B led by Walden Riverwood Ventures.

6. SundaySky

SundaySky generates personalized videos based on user profiles every time they visit a website. It’s trying to help businesses engage with their customers better. The startup raised US$30 million series D led by Viola Private Equity.

7. Airobotics

Airobotics is an autonomous drone startup that’s trying to take humans out of the equation when it comes to piloting drones. It raised US$28.5 million in a “combined” series A and B.

8. Zimperium

Zimperium is a cybersecurity startup focusing on mobile and in-app protection. It pocketed US$25 million led by Warburg Pincus.

9. EarlySense

10. Yotpo

11. Eyeview

12. Zerto

13. Lightcyber

14. Talkspace

15. Elastifile

16. Lumus

17. Nexar

18. Signals

19. Colu

20. Dapulse

21. Hibob

22. GamEffective

23. Nanit

24. Gong

25. Oribi

26. Sixgill

27. Nucleix

28. CallVU

29. Kwik

30. Nuro

31. Fortvision

32. Armeron

33. DeepSense

34. AppFront

35. Moburst

36. Comeet

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Community Writer

Osman Husain

Interested in consumer-facing startups, gadgets, and VR. Not necessarily in that order. For story tips and suggestions, contact osman@techinasia.com or Twitter @osman_husain