While it is already supplying gas to Jordan and Egypt, if the right steps are taken, Israel has the potential to become a natural gas source for Europe, as well. “Europe is completely hysterical that it sits in the hands of Putin,” said Dr. Alexander Coman, from the Faculty of Management at Tel Aviv University. […]
Author: Idan Nishlis
Last month was the first month since August 2021, in which Israeli startups failed to raise more than USD 2 billion. It is too early to tell if this is a downward trend, but many people in the tech sector expect the sharp falls of the share prices of tech companies on the stock market […]
In a policy directive for the Israel Innovation Authority, Minister of Innovation, Science and Technology Orit Farkash Hacohen has for the first time set goals for significantly increasing the representation of haredim (ultra-Orthodox Jews), Arabs, women, and residents of Israel’s periphery in the country’s technology industry. Read more here.
YVS Energy Ltd., a leading global entrepreneurial company in the field of renewable energies, has raised NIS 100 million from Poalim Equity. Shibolet & Co. advised YVS Energy, led by our partners Alon Ziv, Ido Shomrony, and Shlomo Fishman in this transaction. Following the transaction, YVS shall take the next leap towards developing major renewable energy projects in Europe […]
Nisko Group Ltd. has signed a cooperation agreement with Supergas Energy Israel Ltd. to supply, install and operate charging stations for electric vehicles. Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron advised the Nisko Group, led by partner Gal Rub from the Energy and Infrastructure Department and Special Counsel Hai Baruch from the Corporate […]
Israeli digital health company MDClone has completed a USD 63 million Series C financing round led by new investors Warburg Pincus and Viola Growth, and with participation from existing investors aMoon, LightSpeed Venture Partners, and OrbiMed. Founded in 2016, MDClone was represented by Naschitz Brandes Amir on its latest fundraising. Beersheva-based MDClone provides clinicians and healthcare […]
Ogen, the largest and oldest group in Israel dealing with budgeting loans and access to affordable credit, has completed its very first ESG round of more than NIS 50 million. Vinograd & Co. founder and partner, Ronen Vinograd led the round, supported by Aviram Gruber.
A historic milestone has been reached for ThetaRay as it became the first Israeli Fintech company to have its solution chosen by Mashreq Bank a leading UAE financial institution. The strategic agreement marks an expansion of ThetaRay’s AI-driven solution into Middle East financial institutions. Herzog Fox & Neeman acted for ThetaRay, with partner Orli Gal leading, […]
State-owned Israel Electric Corporation has raised $500 million through dollar-denominated bonds sold to institutional investors in the United States and Europe. Herzog Fox & Neeman represented IEC, with a team led by Ron Ben-Menachem, Nir Dash, Yehuda Aharoni (Hommfor), Eldad Chamam, Dr. Ehab Farah, Mohammad Mawasi, Michal Gladstone, Nahum Mittelman, and Matan Amoyal. Cleary Gottlieb […]
More Provident Funds Ltd. has completed its IPO on the TASE, at a pre-IPO company valuation of NIS 600 million, while agrotech company Grace Breeding has completed its own IPO on TASE, raising NIS 16.8 million, at a post-money market valuation of NIS 96 million. Gross Law advised on both IPOs, with Ofer Hanoh, Yigal Binyamini, Amit Grinberger […]
