Israeli startups raised nearly $700m in January

Overall in 2024, Israeli privately-held tech companies raised $9.58 billion in 2024, according to IVC-LeumiTech.

By GLOBES/TNS

FEBRUARY 3, 2025 20:12

Updated: FEBRUARY 3, 2025 20:16

Israeli national flags flutter in front of an office tower at a business park also housing high tech companies, at Ofer Park in Petah Tikva, Israel August 27, 2020. (photo credit: REUTERS/Ronen Zvulun) — Israeli national flags flutter in front of an office tower at a business park also housing high tech companies, at Ofer Park in Petah Tikva, Israel August 27, 2020.

(photo credit: REUTERS/Ronen Zvulun)

Israeli startups raised nearly $700 million in January 2025, according to reports and press releases seen by Globes.

The figure may grow as some companies prefer to remain in stealth and sometimes do not publicize the investments they have received.

Overall in 2024, Israeli privately-held tech companies raised $9.58 billion in 2024, according to IVC-LeumiTech, up 38% from 2023 when $6.9 billion was raised, after $15 billion was raised in 2022, and a record $25.6 billion was raised in 2021.

Israeli flags flutter at a business park housing hi-tech companies, at Ofer Park in Petah Tikva. (credit: RONEN ZVULUN/REUTERS)

$191 million raised

In January 2025, the biggest financing round was completed by AI vehicle inspection company UVeye, which raised $191 million — $41 million in equity and $150 million in debt.

AI mental healthcare company Eleos raised $60 million, runtime application security company Oligo Security raised $50 million, and enterprise-grade FinOps platform Finout raised $40 million.