AI startup Engram raises $98 million at $600 million valuation with just 13 employees

AI startup Engram, based in Israel, has successfully raised $98 million, achieving a valuation of $600 million with a relatively small team of just 13 employees. This funding round highlights the significant interest in artificial intelligence technologies and their development within the Israeli startup ecosystem.

Engram specializes in providing AI-powered software solutions aimed at enhancing productivity and efficiency in workplaces. The startup's innovative approach has attracted considerable investment, underscoring Israel's role as a leader in the global tech industry.