$1 billion revenue for Deel
Israeli HR and payroll tech startup Deel (see previously) has reached a $1 billion annual revenue run rate as of the first quarter of 2025, marking a significant milestone for the six-year-old company. Deel says it now serves 35,000+ customers and 1.25 million workers in over 150 countries.
Exits, takeovers, and mergers to 8th Jun
Netherlands-based QIAGEN acquired Israel’s for a minimum of ;
Israel’s compliance startup acquired Israel’s IT audit software startup for .
US Qualcomm has finally taken over Israel’s for “” after the was abandoned due to US regulatory issues in 2024.
Israel’s is to acquire US-based Arm-based virtualization Corellium for .
Startup investment – to 8th Jun
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Good return from Wealth fund
The Citizens of Israel Fund (Israel’s sovereign wealth fund) manages some $2 billion of state revenues from the levies on the profits of Israel's natural resources, to be used for social, economic, and educational purposes. In 2024, the fund’s return on investments was a healthy 11.5%.
1,000+ Israeli startups poised to launch
Analysis firm Dealigence, in collaboration with Google for Startups, has revealed that there are currently 1,054 entrepreneurs operating in stealth mode in Israel. This high volume of companies quietly building systems, indicates a 30% surge in future early-stage funding rounds.
Startup investment – to 1st Jun 25
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Tenzai raised ;
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awarded from EIC Transition Programme;
Exits, takeovers, and mergers to 1st Jun 25
US Tenable has acquired Israel’s for $105+ million;
Israel’s has Israeli text-to-video startup .
Israel’s has acquired Israeli cybersecurity startup , in a deal estimated to be worth .
Vegan salmon available on-line
US customers can now order online the plant-based salmon from Israel’s Oshi and have it delivered straight to their door.
400+ Haredim work for IAI
The number of Haredi employees working for Israel Aerospace Industries (IAI) has risen steadily to over 400. IAI attributes the increase (48 in 2024) to recruitment activities, partnerships with Haredi organizations, an accommodating work environment and more.
Massive new Tel Aviv HQ for Check Point
Israeli cybersecurity giant Check Point is building a 100,000 square meters Tel Aviv campus with 6,000 workstations. It is also hiring 500 employees to power its new AI research hub. It signals Check Point’s growth ambitions and commitment to Israel’s high-tech ecosystem.