Message From The Team
In August, Sequoia, A16Z, General Catalyst and other top global VCs came to Israel to close a series of defense-tech investment rounds. Army reservists returning home with firsthand experience of major challenges like friendly fire, autonomous drones and advanced intelligence gathering are rapidly developing agile solutions attracting global attention. During the month, US defense tech startup Anduril also made history by raising $1.5 billion at a $14 billion valuation, a major stamp of approval for VCs to enter a massive sector where Israeli startups have a clear competitive advantage. Read More
Sector Spotlight
AI is revolutionizing the $200 billion global games industry, slashing multimillion-dollar budgets that have historically been required for game development and marketing. For example, China’s largest gaming group Tencent, is leveraging generative AI to swiftly create animations, realistic 3D backgrounds, and scenes. AI tools are also enhancing game testing, simulated gameplay and mission creation. This allows game writers to concentrate more on developing storylines, characters, and dialogue—tasks that AI cannot yet handle at a professional level. The result is faster, cost-effective game releases, increasing the number of annual launches, reducing the risk of losses from a single flop, and decreasing reliance on aging titles for revenue. Read more
Portfolio News
- Regulus Cyber highlighted as one of Israel's five leading defense-tech startups. Read more
- Voom ranked on INC. 5000's list of America's fastest-growing private companies. Read more
- Dataloop announces partnership with IBM to streamline generative AI pipelines. Read more
- Astrix Security featured in two Gartner 'Hype Cycle' reports on Machine Identity Management. Read more
- Parametrix featured on CNBC 'Sqauwk Box' to analyze CrowdStrike outage. Read more
- F2 closes pre-seed investment in AI startup disrupting the $25 billion academic publishing market.
What We Are Reading
- Now is The Time to Invest in Israeli Companies | The Wall Street Journal
- Monday.com Achieves Significant Financial Milestone with $1 Billion in ARR | Yahoo Finance
- Google Has an Illegal Monopoly on Search, US Judge Finds | Reuters
- Palo Alto's Platformization Strategy Pays Off: Revenues Soar to $8 Billion | Calcalist
- Serial Israeli Entrepreneur Avigdor Willenz Founds New Chip Startup | Globes
