Four Wiz founders enter global billionaires list with $1 billion each
CTech by Calcalist
CTech is a technology news site providing high impact stories from the Israeli tech scene
Four Wiz founders enter global billionaires list with $1 billion each. According to Forbes, CEO Assaf Rappaport, CTO Ami Luttwak, VP Product Yinon Costica, and VP R&D Roy Reznik are now among the world’s 2,781 billionaires. Another new entrant is monday.com co-CEO Roy Mann with $1.3 billion. There are 36 Israelis on the list in total, with Eyal Ofer leading the way with $24 billion.
Former senior Intel exec raises $24 million in Seed funding for AI-powered video security platform. Lumana's platform analyzes organizations' video in real-time to provide visibility when critical events occur.
Spatial AI biomarker startup Nucleai raises $14 million led by Merck’s VC arm. Leveraging AI and machine learning, Nucleai analyzes pathology images and spatial data at the cellular and tissue levels. The proprietary technology extracts detailed patterns and features from medical images, offering insights into the tumor microenvironment, cellular morphology, and spatial relationships between different cell types.
“Heavyweight tech companies operating in Israel are doubling down,” says Cardumen Capital. Gonzalo Martinez de Azagra and Nimrod Brandt have joined CTech to share insights into the Israeli VC space.
Has Israeli tech's March Madness got the sector back on track? Also on our AI-native show: A new report reveals the Israeli tech sector has raised $3.1 billion and seen $3.7 billion in M&As since the war began and Pango nears $200 million acquisition of Gett.
The Israeli startup developing the first new, non-hormonal contraceptive in 60 years. Hervana Bio Founder and CEO Rachel Teitelbaum spoke to CTech about their innovative new non-hormonal contraceptive with no side effects and with added protection against STIs, and about why funding is needed to access the $25 billion contraceptive market.
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