Israeli startup Decart is raising US$25 million with a valuation of US$500 million.

This follows a seed funding round last month, securing US$21 million at a US$100 million valuation.

Benchmark is leading the current funding round. The seed round was led by Sequoia Capital, with participation from Oren Zeev.

Decart was founded in 2023 by Dean Leitersdorf and Moshe Shalev, both veterans of Israel’s Unit 8200.

Decart focuses on AI infrastructure, aiming to boost AI model efficiency. Its platform enhances training speeds and real-time inference capabilities.