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

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
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.






