Breaking Update

AI Startup IVIX Raises $60M to Tackle Global Financial Crime

AI startup IVIX secures $60M to fight global financial crime. Co-founded by Israelis, their AI platform uncovers money laundering and tax evasion.

Breaking News

Jerusalem, 18 August, 2025 (TPS-IL) — IVIX, an AI-powered platform that helps governments combat financial crime, announced Monday it raised $60 million in a Series B funding round led by O.G. Venture Partners, backed by Israel’s Ofer Global, with participation from Insight Partners, Citi Ventures, Team8, Disruptive AI, Cardumen Capital, and Cerca.

Co-founded in 2020 by Israelis Mattan Fattal and Doron Passov, the New York-based company has now raised a total of $85 million. Its technology uses large language models, graph analytics, and open-source data to uncover offshore assets, money laundering, and tax evasion, and is already deployed by authorities in the U.S., Europe, and Asia.

Live Breaking Updates

Breaking News Coverage

Real-time breaking news coverage from Israel and the Middle East. Stay informed with the latest developments as they happen.

Wednesday, 29 April 2026 Updated continuously
Crime 1 hour ago New

Criminal attack foiled in Hadera – explosive device, stun grenades, and ammunition seized by Coastal District police officers. Police officers from the Hadera station searched the home of a suspect (33) in the city and located an explosive device.

Coastal District police in Hadera foiled a criminal attack, seizing an explosive device, stun grenades, and ammunition from a 33-year-old suspect.

Crime 2 hours ago New

Investigation into the murder of the young man in Petah Tikva – a short while ago, Central District police officers arrested an additional suspect involved in the brawl that led to the murder. To date, 11 suspects have been arrested in the case.

Central District police arrested a 12th suspect in the Petah Tikva murder investigation, following a brawl that led to the victim's death.