As global defense budgets surge and technological innovation reshapes warfare, Israeli startups are emerging as key players in the defensetech revolution. With a legacy of military expertise and a thriving tech ecosystem, Israel is uniquely positioned to tackle challenges like asymmetrical warfare and low-cost threats from drones and missiles. Viola Ventures’ latest report highlights the […]
Author: Idan Nishlis
Omri Casspi, former NBA player and the founder of Swish Ventures, has raised USD60 million for the fund’s second Seed stage venture fund. Investors in the fund include Sequoia, pension funds, and over 25 serial entrepreneurs. Swish, which now manages approximately USD125 million in assets, includes portfolio companies such as PointFive, Eon, and Upwind. Read […]
The USD9 billion raised in the first eleven months of 2024 reflects a recovery from 2023 when USD6.9 billion was raised in the entire year. Recent highlights include the USD300 million raised by cybersecurity company Cyera. Read more details in Globes.
Cyberattacks are no longer just a technical issue; they represent a global strategic, economic, and social challenge, reshaping the agenda in the business and legal worlds. In this analysis piece in Calcalist, Pearl Cohen lawyers Ilan Gerzi, partner and Chair of the firm’s Capital Markets and Securities Practice Group, and associate Sahar Ezer weigh in […]
FIMI Opportunity Fund (FIMI) has acquired a 50% stake in Federman & Sons (Holdings) and Gat Fertilizers for NIS 130 million (approximately USD 34 million). Most of the investment will support expansion into global markets and the development of innovative solutions. FIMI is Israel’s largest private equity firm. Shibolet acted for Federman & Sons (Holdings), […]
Dekal-Dia Ltd. has signed a financing agreement for approximately NIS 450 million with Discount Bank for a project to design, build and operate an organic waste treatment facility at the Dia site in the Eshkol Regional Council. The Dia project, launched under a government initiative to support the Gaza border region, will process 200,000 tons […]
Subject to obtaining various required approvals, Menora Mivtachim, one of Israel’s leading insurance and financial groups, will acquire approx. 33% of Isracard’s shares at a company valuation of NIS 3.15 billion. The move follows several earlier attempts by other entities to acquire Isracard after its spin-off from Bank Hapoalim in 2019. Herzog advised buyer Menora, […]
Initial estimates show unexpectedly robust 3.8% growth, on an annualized basis, in the third quarter of 2024, the Central Bureau of Statistics reports. GDP rose by 0.9% compared with the preceding quarter. Read more in Globes.
The Calcalist Miami 2024 conference focused on fostering connections between the Israeli business and tech ecosystem and Florida’s growing entrepreneurial scene. The event, supported by prominent players like Pillsbury and Greenberg Traurig (GT), aimed to highlight opportunities for Israeli companies in Florida. Pillsbury’s Miami partner Shani Rivaux, along with Justin Rubin, led the firm’s sponsorship […]
Pillsbury has bolstered its practice areas with the addition of prominent hires in defense contracting and cross-border litigation. These additions reinforce Pillsbury’s capabilities in defense, national security, and cross-border legal matters, with a focus on Israeli and international clients. Joining Pillsbury’s Government Law & Strategies group in Washington, D.C., is a three-person National Security and […]
