Figma has acquired one-year-old 🇮🇱 Israeli AI startup Weavy for over $200 million, marking the design platform’s largest acquisition to date and paving the way for a new R&D center in Tel Aviv. Founded in 2024, Weavy had raised $4 million and generated several million dollars in revenue within months of launching its product. Figma plans to maintain the Weavy brand and sell its product independently while gradually integrating its technology into Figma’s platform. Albeck, Weavy’s founder, will report directly to Figma CEO Dylan Field, who was personally involved in the deal. Entrée Capital, which led Weavy’s seed round, retains a 20% stake in the company. SALE PRICE: $200,000,000 Via tradedvc #VentureCapital #Figma #jewishpeople