Weekly Firgun Newsletter – August 7 2026

While August tends to be quieter as most people are still on their summer holidays, this week Israeli startups announced $314 million in disclosed funding plus
Visa’s $2.4 billion acquisition of BioCatch
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While August tends to be quieter as most people are still on their summer holidays, this week Israeli startups announced $314 million in disclosed funding plus
Visa’s $2.4 billion acquisition of BioCatch

This week in Israeli tech, the cyber and AI-agent-security boom kept compounding: four separate Israeli startups building tools to secure AI agents and machine identities: Onyx, Mate, Hush Security and Way Security, all announced funding within days of each other.

Israeli tech showed its enduring strength in cybersecurity, with three startups emerging from stealth after raising a combined $340 million. But the same week brought another painful wave of layoffs, including monday.com cutting 20% of its workforce. AI-driven automation is part of the story, but so is the unusually strong shekel, which is increasing dollar-denominated costs and shortening runways for Israeli companies.

I spent just over 48 hours in Israel this week and left feeling optimistic. Away from the headlines, founders are building, investors are backing them, and Bank of America this week ranked Israel among the world's leading AI hubs. In this edition: why tokenmaxxing is the wrong metric, the biggest AI stories, funding rounds, exits and the wins worth celebrating across our "small" community.

Did you know that H1 2026 produced more Israeli unicorns than any other FULL year before? Also, what are the 5 areas most attractive for AI infrastructure according to Bessemer? and what is the hottest new AI category according to Benchmark?

Global venture funding hit a record $510 billion in H1, and Israeli startups raised $8.4 billion in this period. Don't miss this Special 4th of July edition!

Quote of the week:
If a problem has no solution, it may not be a problem, but a fact - not to be solved, but to be coped with over time.” - Shimon Peres

“The purpose of knowledge is not knowledge itself, but what it leads us to do.” — The Lubavitcher Rebbe

It’s #Firgun time! The original version of Firgun was published on Linkedin. Subscribe to get the next one in your inbox. Firgun (pronounced ‘feer-goon’) is an Israeli term describing genuine, unselfish joy in someone else’s success… It’s basically the opposite…

It was a week of contradictions: Israeli startups raised over a billion this week and created $2.5B in exits alone, but over 60% of tech companies announced layoffs in recent months.
Weekly Firgun Newsletter
Join founders and investors reading the weekly Firgun newsletter by Eze Vidra.