AI data company raises 93.94 billion won… enterprise value of 67.1 billion won

Israel-based AI data infrastructure firm Edelbyte raised $70 million across seed and Series A rounds, comprising a $25 million seed led by Sequoia Capital and a $45 million Series A led by Quiet Capital with participation from QP Ventures, Startpoint Capital, Cerca Partners and existing investors. The company, which builds a platform for handling AI-driven search and analytics requests across enterprise data, was valued at $500 million post-funding. The raise signals continued investor appetite for infrastructure layer startups that sit between AI models and corporate data systems. What to watch next is how Edelbyte deploys the capital to scale its platform and compete with larger data infrastructure incumbents.