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Gigi Levy-Weiss and Redis co-founder Yiftach Shoolman launch defense tech startup Line 5, raising $20M Seed round | CTech
Line 5, a stealth Israeli startup, has completed the largest Seed round in the defense tech sector this year. Founded by Gigi Levy-Weiss and Yiftach Shoolman, the company focuses on battlefield innovation. The Seed round was led by the NFX fund and included prominent angel investors and the Iron Nation fund. Line 5 aims to transform the battlefield to reduce risks to soldiers. The company is part of a booming local defense tech sector, with other companies like Kela Technologies also securing significant funding. Line 5 is in the R&D stage and is developing AI technology.
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