FundGuard secures $100 million Series C for AI-powered investment platform

FundGuard secures $100 million Series C for AI-powered investment platform. The Israeli startup’s platform helps asset managers and their service providers to manage mutual funds, ETFs, hedge funds, insurance products, and pension funds, supporting digital transformation, operations automation, AI-based insights, resiliency, and migration to the cloud.

Mapping Israel’s booming crypto ecosystem. Against all odds, and amid the war, the Israeli crypto market is flourishing, driven by the bull market that followed the approval of the first Bitcoin ETF. Over $100 million has been raised by startups since October 7th, with the first Decacorn of the local industry also emerging, according to the Israeli Ecosystem Map published by VC Collider.

Foundational nets $8 million in Seed funding to bring AI agents into data engineering. The Israeli startup, which raised funding from Viola and Google's AI-focused fund Gradient, helps data and analytics teams to push continuous code changes, safeguarding against frequent issues and harmful incidents that affect critical data.

Simply co-founder and CTO Roey Izkovsky passes unexpectedly at 44. Izkovsky founded Simply (formerly JoyTunes) in 2011 with brothers Yigal Kaminka and Yuval Kaminka, the latter of whom serves as the company’s CEO and with whom Izkovsky served in unit 8200.

Israeli high-tech scene embodies a "big kibbutz" atmosphere, says Flint Capital. Sergey Gribov, Partner at Flint Capital, joined CTech to discuss 2024 investment trends and Startup Nation’s reputation around the world.