Figma has acquired Weavy, a creative technology platform, following its rapid growth and success in redefining creative workflows through advanced AI, marking a significant milestone for Israeli tech.

Information on the Target

Weavy, a pioneering platform in the creative technology sector, has recently been acquired by Figma. Founded by a team of experts, including Lior Albeck (CEO), Jonathan Alumot (CTO), Jonathan Gur-Zeev (CPO), and Itay Schiff (Creative Director), Weavy emerged just a few months before entering seed financing led by Entrée Capital in late 2024. The team is recognized for its deep expertise in visual effects and engineering for large-scale media systems. Their innovative platform integrates multimodal generative models with professional editing capabilities, all presented on an intuitive node-based canvas.

Since its beta launch in May 2025, Weavy has experienced extraordinary growth, achieving viral acceptance within creative communities and generating significant annual recurring revenue (ARR) in mere months. This rapid success can be attributed to the platform's ability to support professionals across various fields—architects, marketers, and designers—in leveraging AI for enhancing creative processes.

Industry Overview in Israel

The creative technology sector in Israel is marking its prominence on the global stage, propelled by a robust startup ecosystem and a culture that fosters innovation. The country has a history of technological advancements,

View Source

Similar Deals

Sauce Labs TestFairy

Merger Mobile Application Software Israel
Vodafone Skaylink

2026

Merger Cloud Computing Services Germany
Currenc Group Inc. Animoca Brands Corporation Limited

2026

Merger Blockchain & Cryptocurrency (NEC) Australia
Epassi Group Belonio

2026

Merger Financial Technology (Fintech) (NEC) Germany
Relatech S.p.A. ConneXSoft GmbH

2025

Merger Enterprise Software Germany
Xerox Holdings Corporation Lexmark International, Inc.

2025

Merger Commercial Document Management United States of America

Figma

invested in

Weavy

in 2025

in a Merger deal

Deal Parameters
Industry
Country
Seller type

Sign Up to Dealert