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Israeli emergency tech platform Carbyne has raised $100 million in a funding round led by AT&T, bringing its total funding to approximately $136 million. The company, which provides cloud-based solutions for emergency call centers, aims to modernize emergency communications infrastructure amid funding challenges, as 80% of 911 calls now come from mobile devices. Carbyne's technology offers a cost-effective solution for public safety answering points struggling to upgrade from legacy systems, reflecting a growing investor confidence in addressing these critical needs.
In June 2025, funding activity in Asia remains robust despite challenging macroeconomic conditions, with notable deals including India’s Udaan raising $114 million and China’s D-Robotics securing $100 million. A total of 58 deals worth over $575 million were reported recently, highlighting ongoing investor interest in the region's startups. Additionally, a new platform, Glasswall, aims to enhance transparency in fundraising by allowing founders to share feedback on investors.
Colugo Systems, an Israeli eVTOL drone startup, has raised $8.5 million in its initial funding round, valuing the company at $65 million pre-funding. Founded in 2018, Colugo has generated $4 million in revenue primarily from defense contracts, with its drones increasingly adopted in civilian sectors for various applications. The company’s Adaptive Wing Technology sets it apart in the competitive eVTOL market, which is projected to grow significantly by 2030.
Israeli mobile gaming firm Playtika has laid off approximately 90 employees, including 40 in Israel and 50 in Poland, due to declining revenues. The cuts primarily affect the development teams of Best Fiends and Redecor, with Best Fiends’ monthly revenue plummeting from $8 million in March 2022 to $3 million in May 2025. This follows a recent round of layoffs at Wooga, a Playtika subsidiary, and highlights ongoing challenges in maintaining momentum post-acquisition in the mobile gaming industry.
Cellebrite, an Israeli digital forensics firm, is acquiring mobile testing startup Corellium for $170 million, enhancing its capabilities in detecting mobile vulnerabilities. The deal, which includes $20 million in equity, requires approval from the U.S. Committee on Foreign Investment due to national security concerns. This acquisition underscores the ethical tensions in mobile security, as Corellium has faced scrutiny for its ties to government spyware makers, raising questions about the dual-use nature of such technologies.
Speedata, a Tel Aviv-based startup, has secured $44 million in Series B funding to develop analytics processing units (APUs) aimed at enhancing big data and AI performance. Backed by notable investors including Intel CEO Lip-Bu Tan, the company claims its APUs can outperform traditional CPUs and GPUs, significantly reducing processing times for data-intensive tasks, such as completing a pharmaceutical workload in just 19 minutes compared to 90 hours with standard processors. This innovation highlights a shift towards specialized hardware designed for specific computing needs, potentially transforming research and business operations.
Kamari Pharma has secured $23 million in Series A financing, co-led by BRM Group and Pontifax, to advance its lead program, KM023, an oral TRPV3 inhibitor targeting rare genetic skin diseases, including Olmsted syndrome, severe keratoderma, and ichthyosis. Clinical trials for Olmsted syndrome are set to begin in the second half of 2025, with results expected by year-end. CEO David Aviezer emphasized the potential of KM023 to become a leading treatment in the rare dermatology field.
Israeli cybersecurity startup Zero Networks has raised $55 million in a Series C funding round led by Highland Europe, bringing its total capital to over $100 million. The company, which specializes in microsegmentation solutions, has seen a 300% revenue increase and a tripling of its customer base, driven by rising demand for tools that prevent lateral movement in cyberattacks. The new funds will support expansion in sales, marketing, and R&D as the cybersecurity market continues to grow significantly.
Israeli cybersecurity startup Zero Networks has secured $55 million in a mid-stage funding round, raising its total funding to over $100 million. Since its last funding round in late 2023, the company has experienced a 300% revenue growth and tripled its customer base, driven by its technology aimed at preventing ransomware and cyber attacks. The funding round was led by Highland Europe, with participation from existing investors F2 Venture Capital and PICO.
Japanese startup Ispace is set to attempt a lunar landing with its Resilience lander on June 6, 2025, targeting Mare Frigoris. This mission follows a previous failure in April 2023 and carries multiple payloads, including the Tenacious microrover developed with the European Space Agency. If successful, it will mark the first European-built rover to land on the moon, highlighting the shift towards private lunar exploration and the emerging cislunar economy.
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Carbyne secures 100 million funding to modernize emergency response technology
10:40 09.06.2025
Asia's tech landscape thrives with significant funding deals amid challenges
11:30 07.06.2025
Israeli drone startup raises 8.5 million to expand eVTOL technology applications
07:00 07.06.2025
Playtika lays off 90 employees amid significant revenue decline in mobile games
06:00 07.06.2025
Cellebrite acquires Corellium for 170 million amid national security scrutiny
07:20 06.06.2025
speedata secures 44 million funding to advance analytics processing units
06:00 04.06.2025
kamari pharma secures 23 million funding for rare skin disease treatments
03:12 04.06.2025
Israeli cybersecurity firm Zero Network secures 55 million in series C funding
03:10 04.06.2025
Israeli cyber startup Zero Networks secures 55 million in funding round
13:44 03.06.2025
Japanese startup Ispace aims for historic lunar landing with Resilience lander
08:40 03.06.2025
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