Israeli AI Startup Funding Rounds of May 2019

As of May 31st 2019, Israel's AI startups have already raised $1.33 billion in private funding across 72 deals. Here's the average deal sizes for the 2019 calendar year:

• Seed - $3.6 million
• A round - $10.9 million
• B round - $19.9 million
• C round - $39 million
• D round - $176 million

Fundraising, as measured by total capital raised, is tracking higher in 2019 for every month so far except for February (see graphic below). However, the total count of deals for the 2019 calendar year (72 to date) is tracking lower than the previous period, with 88 deals from January 2018 to May 2018. This is largely attributed to the uptick in growth rounds in 2019, compared to the higher count of small ticket, early-stage rounds in 2018. For the month of May 2019, Israel's AI startups raised $193 million in private funding, up 68% from the previous period.Here’s the list of fundraising rounds for the month of May 2019:Techsomed, thermal ablation ultrasound monitor, raised a $2.6 million Seed roundEqualum, data beaming solution, raised a $18 million B roundLogz.io, predictive log analytics cloud service, raised a $52 million D roundTriEye, short-wave infrared sensor for AVs, raised a $17 million A roundVOOM, telematics-based insurtech platform, raised a $5 million A roundHunters.ai, autonomous cyber security solution, raised a $5.4 million Seed roundPercepto, autonomous drone solutions, raised a $15 million A roundVeego, autonomous IoT malfunction monitor, raised a $5 million Seed roundRavinAI, vehicle damage inspection, raised a $4 million Seed roundSiemplify, incident response and security orchestration, raised a $30 million C roundWekaIO, shared file system for AI computing, raised a $31.7 million C roundMultiVu, single lens camera 3D imaging, raised a $7 million Seed roundSubscribe to our weekly newsletter to keep up with the market.