The Israeli start-up Airis Labs, which develops AI infrastructure for large-scale visual information analysis, has reported the completion of a 31 million dollar Series B funding round, bringing its total capital raised since its inception in 2023 to approximately 60 million dollars.
The round was led by the fund PSG Equity, with participation from funds including TLV Partners, which led the previous funding round, Stepstone Group, Redseed Ventures, and the angels Eyal Waldman, Yasmin Lukatz, Jeff Horing, and David Chin.
Airis Labs is building an AI platform that connects various digital sources such as video, images, and visual information from security cameras, drones, body cameras, and other media, and processes them into structured information that can be searched, investigated, and utilized for drawing conclusions.
The company was founded just a few months prior to October 7, 2023, by security and intelligence establishment veterans Noam Friedman, who serves as the company's CEO, Amos Lahav, and Rotem Abeles. The company notes that shortly after its establishment, it was already operating in operational environments where handling large volumes of video and data from various sources was required.
The information processing performed by the system developed by Airis Labs assisted security forces in identifying and locating hostages following the October 7 massacre, and in mapping terrorist operatives and their areas of activity. In doing so, the platform provided an initial intelligence picture that became critical amid the chaos of the outbreak of the campaign.
The work under these conditions, according to the company, shaped the product from the outset around an actual need of users in the field, rather than just around laboratory experiments or benchmarks. Airis Labs was also recently selected to join the Oracle Defense Ecosystem, which is a flagship program of the giant company Oracle for technology companies operating in the worlds of defense, government, and critical infrastructure.
The company currently employs about 50 workers in Tel Aviv and Washington and plans to double its size during 2026. The primary expansion in Israel will focus, according to the company, on development, product, research, data, and infrastructure recruitment, alongside expanding existing operations in the United States.
Noam Friedman, Co-Founder and CEO of Airis Labs: "One of the most interesting challenges in AI today is teaching a machine to understand what is truly happening in the physical world from millions of sources and in real time. This is a new field. Our team is small and generates immediate impact, as what we build now reaches production next month. We are looking for people whom this speaks to."
Eyal Waldman, Founder of Mellanox, investor, and board member of Airis Labs: "Airis was born out of a deep familiarity with the problem it comes to solve. The founders understand the need from the field, not just from the market, and that is an advantage that is very difficult to build in hindsight. The combination of technological depth, mission understanding, and a team that moves rapidly is the reason I chose to invest in the company and join the board."