Israeli AI Startup Funding Rounds of August 2020

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For the month of August 2020, Israel’s AI startups raised $389 million in private funding across 16 funding rounds, tracking lower than the $401 million raised last month, but tracking nearly 30% higher than the total funding raised in August 2019.

August’s funding total was derived from 72 individual investors, slightly up from last month’s 70.

Enterprise, technologies and healthcare focused startups attracted the most investment activity, by deal count and total amount invested:

View the funding rounds of August 2020 below:


EyeControl, communication device for “locked-in” patients, $2.5 Million Grant


GiantLeap, gamified child cognitive development test, $900,000 Pre-Seed


Erudite, reading comprehension platform

Hour One, synthetic media avatar character creation, $5 Million Seed

Series A:

Voiceitt, non-standard speech recognition software, $10 Million Series A

EcoPlant, monitor and optimize compressed air systems, $8 Million Series A

EyeControl, communication device for “locked-in” patients, $7.5 Million Series A

Series B:

Thriver, employee experiences and food platform, $33 Million Series B

Silverfort, agentless multi-factor authentication platform, $30 Million Series B

ZenCity, analytics platform for municipal governments, $13.5 Million Series B

TipRanks, stocks research and analytics platform, $12 Million Series B

IronScales, automated phishing attack security platform, $8 Million Series B+

Series C:

ProteanTecs, electronics’ health and performance monitoring, $45 Million Series C

MobileODT, mobile colposcope and clinical decision support, $4 Million Series C

Series D:, conversational AI for sales calls, $200 Million Series D

Funding Round:

Picodya, point-of-care in vitro diagnostic device, $10 Million

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