Darrow raises $35M in Series B Funding Round
Astrix closes $25M Series A round
Read More

F2 News | August 2024

F2 Team

September 8, 2024

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.

Parametrix COO Sharon Haran on CNBC's 'The Squawk Box,' August 2024

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

Download Pre-seed Report
Download Pre-seed Report