Israeli investment platform, OurCrowd has been approved and licensed by Abu Dhabi Global Market (ADGM), the international financial center in Abu Dhabi, and becoming the first Israeli VC fund to operate in UAE. Read more here.
Author: Idan Nishlis
Teva Pharmaceuticals recently issued USD 5 Billion worth of SLB, or Sustainability-Linked Bonds, the first time a generic pharma company has offered bonds linked to sustainability targets, and also the largest issuance of SLB bonds to date. As part of the Environmental and Corporate Responsibility (ESG) trend, the interest paid on the bonds will be […]
Camtek Ltd., a leading manufacturer of metrology and inspection equipment for the semiconductor industry, has announced a USD 175 million offering of 0% Convertible Senior Notes due 2026 (the “Notes”) in a private offering. The offering on the Nasdaq was led by Shibolet & Co. partners Lior Aviram, Shelly Blatt Zak and Chezi Yehezkeli, associates […]
German retail and cloud computing company, Schwarz Group is buying XM Cyber, the Israeli hybrid cloud cybersecurity firm co-founded by former Mossad chief Tamir Pardo, for USD 700 million. Founded in 2016, XM Cyber has developed a platform that simulates organized cyberattacks so companies can learn of the best ways to respond to them. XM […]
New cryptocurrency regulation comes into force, enabling Israeli banks to accept profits from digital currency trading without falling foul of anti-money laundering legislation. The money laundering prevention ordinance will apply to all providers of financial services: fintech companies, credit providers, and cryptocurrency companies. Read more here.
Many entrepreneurs struggle with the question of “how and when you should patent your invention.”Dr. Kfir Luzzatto of The Luzzatto Group puts that question into perspective in his recent Jerusalem Post op-ed article. The question hinges on whether, while considering it, you are still a “dreamer” or already an “inventor.” Our world is moving ahead […]
Israel and Australia discuss free trade agreement, with Economy ministers agree on kicking off preliminary talks as early as January, according to a recent article published in Ynet. Israeli export of goods and business services to Australia in 2020 amounted to about USD 736 million while imports amounted to about USD 325 million with a […]
Compugen completed a $20M dollar PIPE by American bio-pharma company, BMS, marking and reinforcing the continuation of the strategic cooperation between two companies. In return for the investment, BMS received 2.3 million Compugen shares at a price of $8.57 per share, representing a 33% premium on the closing price of the share prior to the date […]
Clearwave, one of the fastest-growing SaaS platforms in digital patient engagement, announced a strategic growth investment from Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies. William Blair & Company served as financial advisor to Clearwave and Goodwin Procter served as legal advisor to Great Hill. Great Hill was also advised […]
American growth equity firm Providence Strategic Growth (“PSG”) has led a Series A-2 investment of USD 205 million in Lusha Systems, a crowdsourced data platform for B2B sales, at a valuation of USD 1.5 billion. The round was led by PSG, with additional investment by ION Crossover Partners, bringing total investment in the company to […]
