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Reading: Nvidia acquires Israeli information co Illumex
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PhreeNews > Blog > World > Business > Nvidia acquires Israeli information co Illumex
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Business

Nvidia acquires Israeli information co Illumex

PhreeNews
Last updated: February 23, 2026 8:53 pm
PhreeNews
Published: February 23, 2026
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US chip big Nvidia has confirmed that it’s buying Israeli startup Illumex, which manages enterprise information and creates joint languages between completely different databanks with built-in governance and operated by AI. Nvidia can pay $75 million for the small Israeli startup.

Illumex, which was based by CEO Inna Tokarev Sela, has raised $13 million so far, primarily from Israeli traders together with Cardumen Capital, JIBE, and ICON. Based on PitchBook, the funds had been raised in June 2024 at an organization valuation of $32 million, sop since then the corporate has greater than doubled its valuation.





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Illumex will assist Nvidia market to prospects – giant corporations and cloud giants – a software program layer that may assist handle enterprise information in numerous repositories to coach AI and function AI brokers, that’s, packages able to performing serial operations and duties independently. It follows Nvidia’s acquisition of Israeli startup Deci, in 2024, which helped Nvidia compress giant language fashions to enhance their implementation by organizations.

A Nvidia spokesperson mentioned: “We’re happy so as to add the Illumex group to Nvidia. Their deep experience in constructing ontologies will assist us speed up the event of libraries and fashions that may allow the adoption of Agentic AI in organizations.”

Printed by Globes, Israel enterprise information – en.globes.co.il – on February 23, 2026.

© Copyright of Globes Writer Itonut (1983) Ltd., 2026.


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