US design software program firm Figma (NYSE: FIG) has introduced the acquisition of Israeli AI powered design workflows firm Weavy. Figma, which is traded on the NYSE with a market cap of $25 billion and is shopping for its first firm in Israel, declined to reveal monetary particulars in regards to the deal. Nevertheless, market sources estimate that Figma is paying $150-200 million for the corporate, which was based final yr by veteran staff of Israeli gig-platform firm Fiverr (NYSE: FVRR).
Buyers in Weavy, which embody Entrée Capital, Designer Fund and Founder Collective and Fiverr founder Micha Kaufman, will obtain good-looking returns. In accordance with PitchBook, the Israeli firm solely raised cash in a $4 million seed spherical in June 2025 at an organization valuation of $13 million.
Kaufman’s involvement as an investor isn’t any coincidence. The corporate was based by CEO Lior Albeck, former director of Fiverr’s digital market service supplier division, and different firm executives together with Jonathan Alumot, Jonathan Gur-Zeev, and Itay Schiff.
Weavy has developed a platform that enables branding and design to be created from the definition stage to the promoting marketing campaign stage in minutes, all utilizing prompts and inventive AI capabilities. The platform permits advertising managers and designers to formulate a textual branding technique, and implement it by means of campaigns that embody high-quality designed pictures, by means of to the distribution stage on social networks and web sites.
Weavy says, “The imaginative and prescient is to construct essentially the most appropriate device for skilled work with GenAI, to not substitute human creativity however to reinforce it. This method, which locations the human creator on the middle of the artistic course of with AI, has rapidly attracted a rising world group of unbiased creators – designers, architects, entrepreneurs, animators and particular results artists – in addition to groups from Fortune 100 corporations.” The corporate’s clients are believed to incorporate Nvidia and Wix.
Though a comparatively small acquisition – Weavy has lower than 20 staff – it should change into the premise for Figma’s actions in Israel, because it expands its operations in Tel Aviv with an emphasis on AI.
A Figma spokesperson advised Globes, “We’ve got so many concepts for what we are able to construct subsequent. We’re excited to proceed supporting and rising the Weavy staff, wherever they discover nice expertise so as to add to the staff. This contains Tel Aviv, the place they’ve already constructed unimaginable momentum, in addition to world wide. The Weavy staff will proceed to develop its workplace in Tel Aviv, strengthening Figma’s presence within the area.”
Figma was an unknown firm till the start of the last decade however immediately emerged as a challenger to Adobe with the design software program it developed, which has change into particularly common amongst tech corporations for designing consumer interfaces (UI/UX) and visible prototypes of internet sites and software program.
Printed by Globes, Israel enterprise information – en.globes.co.il – on October 30, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
