Generative AI landscape

May 2024

On May 9th, 2024 Remagine Ventures published the latest version (v. 1.4) of the Israeli generative AI startup landscape at CTech by Calcalist.

In our latest map, we’ve included 238 Generative AI startups in Israel, according to our definition, nearly double the figure than the version we published in September 2023.  To date, Israeli generative AI startups raised a total of $5.47 billion.

The 2024 AI Index report by Stanford University placed Israel in the top place when it comes to AI talent concentration in a geo-location, and we’re excited about the potential if of Israeli startups in this space.

Remagine Ventures portfolio companies on the map are highlighted in yellow. See a company missing? You can request to add a company by scanning the QR code in the image. You can find a high resolution copy of the map on our blog, VC Cafe.

Israeli generative AI startup landscape May 2024

September 2023

At Remagine Ventures, we’ve been interested in tools for content creation, distribution and monesation from day one. While we called it ‘Synthetic media’, or ‘Creative Automation’, we made our first generative AI investment in 2019, writing the first cheque for Hour One, the company building foundational models for text to video based on human and animated avatars. We’ve since invested in 8 more Israeli startups leveraging generative AI or building foundational models.

So much has happened in the generative AI space globally, and in Israel since we published the previous version of the Israeli generative AI landscape, in April 2023. We’ve seen new foundational models, open source LLMs and all sorts of new companies building the co-pilots for every category. The technology is advancing at a breathtaking pace and it’s enough to look at Hugging Face’s LLM leaderboard to understand that generative AI is much more than just ChatGPT.

The current Israeli Gen AI landscape includes 144 companies (more than double the 67 companies included in our previous version) and the total amount raised by Israeli generative AI up to September 21st 2023, reached $2.3 billion. We are excited to continue to be the first backers of Israeli founders re-inventing the future with generative AI.

You can read more about our areas of interest in generative AI on our blog, VC Cafe or via the Remagine Ventures Pulse, our monthly newsletter.