Advertising tech company, Innovid has acquired TV Squared Ltd., a measurement and attribution platform, in a cash and stock transaction valued at approximately USD 160 million. The move comes as Nielsen’s dominance of TV metrics wobbles, leaving the field in flux. Israeli-founded Innovid focuses on streaming television. DLA Piper was lead deal counsel for Innovid […]
Author: Idan Nishlis
CAF (Construcciones y Auxiliar de Ferrocarriles) and Shapir Civil and Marine Engineering Ltd. have won the tender for the design, financing, construction, operation and maintaining of the “Purple Line” of the Tel Aviv light rail transit project. The Purple Line is expected to connect the cities of Kiryat Ono and Yehud to central Tel Aviv, […]
In this bumper edition of IsraelDesks Magazine, we take a deep dive into the world of climate tech and speak to powerhouse domestic and global law firms on Israel’s unique role in the sector, soaring VC investment, and how Israel can support the promises made during November’s COP26 Climate Conference in Scotland. We also explore […]
The Agriculture Ministry and the Israel Innovation Authority launched a joint program to develop Israeli technology in the field of agriculture. The grants are part of a joint program by the ministry and the innovation authority to assist in the development of tech products for Israeli agriculture and solutions to ensure food security. Read more […]
Israeli cryptocurrency security company, Fireblocks has completed a USD 550 million financing round, at a company valuation of USD 8 billion. The company’s valuation has nearly quadrupled since it raised USD 310 million at a company valuation of USD 2.2 billion in June 2021, while in March 2021 it was only valued at USD 700 million. […]
Sensi.AI has raised USD 14 million in a Series A financing round led by Entrée Capital. Shibolet & Co represented Sensai.ai, a virtual care management platform that is changing the face of age-tech with their AI-based technology. Partner, Chezi Yehezkeli, together with associates Amit Lieblein represented Sensi.AI in the deal. Meyrav Oren represented Sensi.ai in employment law […]
Israeli global Fintech-as-a-Service company, Rapyd has completed the acquisition of Hong Kong-based Neat, a cross-border trade enabling platform for SMBs and start-ups. The price of the acquisition was not disclosed. Rapyd made headlines last August when it raised USD 300 million in a Series E funding round at a USD 10 billion valuation. DLA Piper […]
Check Point Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, has bought Spectral, an Israeli startup and key innovator in developer-first security tools designed by developers for developers. Spectral had raised USD 6.2 million in funding since its founding in 2020, and brings 20 employees. The Naschitz Brandes Amir team representing Check […]
Ribbit Capital VII, L.P. has invested in the seed funding of Israel’s reDeFine Technologies, Ltd. (“reDeFine”). The round totaled approximately USD 11 million. California-headquartered Ribbit is a global venture capital firm that specializes in early-stage companies. It seeks to invest in financial services and financial technology with a focus on lending, payments, insurance, accounting, tax […]
Israeli capital market players are looking to February with bated breath, in hopes that the results of a survey of global investors will lead to Israeli stocks being added to a key regional index benchmark, a move that could add at least USD 1 billion in investments into Israeli equities, according to some estimates. MSCI […]
