Tomer Biger

AI unicorn Gong to add 100 jobs following revenue surge. The Israeli company has hit a $300M run rate and is growing its global presence with new offices, in addition to significantly increasing its local workforce. https://lnkd.in/eJ6GM93M

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Thank you to Sigalit Ben Hayoun and Yael Steinhart for inviting me to talk to Tel Aviv University Alumni Organization — and to Assaf Gilad for moderating the discussion. Time really does fly 😅 and it was a real privilege to be back to discuss just how much has changed in tech since I first started, including the recent groundbreaking new leaps into AI. What’s incredible is the pace of innovation in this field. Current market estimates range from 3-7 years until AGI (Artificial General Intelligence) is achieved (AI systems surpassing human cognitive abilities). When this is achieved one can expect the pace of change to be the fastest we’ve ever seen in history 📈 Technology and AI is neutral - neither good or bad. What matters is what we (humans) choose to do with it. With good intent, AGI could help solve some of the biggest global challenges (health, longevity, climate change, scientific discovery). With bad intent, it can create even bigger global challenges with significant risks. That is why Google’s motto on AI is so important - to be “bold and responsible”. The stakes have never been higher. Hope humanity rises to the moment, does the right thing, and makes the right choices 🌍 Adding below in comments the link to the full discussion (tip: if you just want a summary, past the link directly into Gemini 🪄) #TelAvivUniversityAlumni #GoogleAI

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The startup nation has done it again! 👏🏼 Google for Startups just announced the first cohort of its Growth Academy: AI for GovTech, with 25 companies that leverage AI to assist governments and improve life for citizens across Europe, the Middle East, and Africa. And among those selected companies, there is an Israeli startup: CargoSeer, that streamlines how customs agencies check international cargo shipments using AI. I’m humbled to see founders who bring fresh solutions to the complex problems societies have been trying to solve for years and even decades. And so proud of how Google& Google for Startups Israel supports the ecosystem and helps innovative startups make a real difference in the world!

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Another milestone for Israeli cybersecurity and YL Ventures: Aim Security, led by founders Matan G. and Adir Gruss, has been acquired by Cato Networks! From their $10M seed round in 2023 through their $18M Series A, we had the privilege of working closely with the team as they built one of the fastest growing cybersecurity companies in Israel, and the category leader of AI Security. From day zero, Aim set out with a bold vision: to give enterprises a way to adopt AI securely and responsibly. In two years, Matan, Adir, and their exceptional team turned that vision into a reality, building a company trusted by some of the world’s largest organizations. This achievement demonstrates the power of brilliant founders, strong teams, and conviction from inception. For YL Ventures’ $400M Fund V, this is a significant outcome and another marker of Israel’s unique ability to produce companies that matter on a global stage. https://lnkd.in/erHnKmfN

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We have been mapping the Israeli Generative AI landscape since ChatGPT came out more or less. In the latest version, published on Thursday, we've mapped 342 startups that collective raised over $20 billion. More than half of the new companies we've added this year possess agentic AI capabilities. Can Israeli startups compete globally in Generative AI? Absolutely. 🇮🇱 Israel is emerging as a global GenAI hub, with the highest AI talent concentration (Stanford 2024) and a culture of deep tech innovation. 📈 The number of GenAI startups has nearly doubled in a year 🔐 The categories that saw the most growth this year were cyber and healthcare, followed by LLM ops and marketing tools 💡 Global VCs (like Andreessen Horowitz, Sequoia Capital and Insight Partners) are doubling down on elite Israeli talent, while global R&D centres including NVIDIA are planning multi billion expansion plans in Israel. ⚙️ Despite global headwinds, the Israeli startup ecosystem is proving resilient, resourceful, and opportunity-driven—especially in tackling GenAI’s toughest challenges: privacy, cost, trust, and explainability. At Remagine Ventures we've made over 13 investments in GenAI startups at pre-seed are bullish on big wins ahead. Link to the landscape evolution in the first comment below 👇

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Moving to the US could be a startup's best move    Relocation to the US significantly increases the chances for international startups to become unicorns, according to our research.    For example, 44 Israeli VC-backed startups that moved to the US reached unicorn status. By contrast, only 3 unicorns in a comparable US-based sample were based in Israel. This suggests that Israeli startups relocating to the US are about 15 times more likely to achieve unicorn status.    We observed similar trends for other countries:  – India-founded startups relocating to the US are 6 times more likely to become unicorns (12 vs 2).  – UK-founded companies see an 8.5 times greater chance of achieving unicorn status after moving to the US (17 vs 2).    These numbers indicate that the US offers unique advantages for high-potential startups from around the globe, particularly from countries like Israel, India, and the UK.    Thank you to the Stanford University Graduate School of Business Venture Capital Initiative for support.    Note: all unicorns in our sample must be US-based at the time of their first unicorn round. 

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