Skip to content (access key 's')
Logo of Technion
Logo of CS Department
News

The Taub Faculty of Computer Science News and Announcements

Meet The First AI Unicorn In Israel! Decart, Founded By Dr. Dean Leitersdorf , A Graduate Of The Faculty
Sunday, August 10, 2025

Meet the first AI unicorn in Israel! Decart, founded by Dr. Dean Leitersdorf, a graduate of the faculty, together with Moshe Shalev, has completed a capital raising round of 100 million at a valuation of 3.1 billion. This is the company's third round in 11 months, and brings the total investments in the company to 153 million dollars in less than two years.

The company has two revenue streams. The first is the acceleration of GPU activity, which currently generates tens of millions of dollars in revenue for the company, and the company's new Mirage model, which allows it to sell to gaming, real estate, film, education and other companies that can use the model to create live simulations. The combination of deep infrastructure expertise and product vision is what allows Decart to lead the development of the next generation of smart, real-time interactions between people and technology.

For the full article on Calcalist, click here

[Back to the news index]