British bookmaker Evoke, owner of brands William Hill, Mr. Green, and 888, agreed to be acquired by Greek lottery and gaming firm Bally’s Intralot in an all-share transaction valuing Evoke at approximately USD 326 million. The offer values Evoke at 52 pence per share, representing a 33.8% premium to its closing price before deal discussions […]
Author: Idan Nishlis
Israeli-founded data security company Cyera completed a USD 600 million financing round at a company valuation of USD 12 billion, further cementing its position among the world’s most valuable privately held cybersecurity firms. It’s now the second-most valuable among Israeli privately held tech companies. The round was led by Evolution Equity Partners, with participation from […]
Netafim has opened a new manufacturing plant in Hermosillo, Mexico, expanding its production capacity and strengthening its presence across North and Central America. The 30,000-square-meter facility will supply farmers across the region and is expected to create approximately 200 direct jobs, while supporting local suppliers and service providers. The plant will include advanced automation systems […]
DLA Piper will host a webinar on June 16, 2026, focused on significant UK employment law reforms expected to take effect in January 2027. The session, featuring Partner Vinita Arora and Legal Director Jan Colhoun, will examine key changes to unfair dismissal rules, including the lowering of the qualification period and the removal of the cap […]
Israeli cloud cybersecurity startup Aryon Security completed a USD 25 million Series A financing round, bringing its total funding to USD 38 million since its founding in late 2024. The round was led by Brightmind Partners, with participation from existing investors Viola Ventures and Blumberg Capital, as well as new investors including Datadog Ventures, Skinos […]
DriveNets completed a USD 410 million Series D financing round to support rising demand for Ethernet-based networking infrastructure for large-scale AI deployments. The round was led by Bessemer Venture Partners and Atreides Management, with participation from new investors including AMD and Red Dot Capital, alongside existing investors Pitango and D1 Capital Partners. The company said […]
Bagira M Holdings Ltd. completed its initial public offering on the Tel Aviv Stock Exchange, raising approximately NIS 855 million at a company valuation of approximately NIS 3.3 billion. Bagira develops military training simulation systems used by defense forces worldwide, with customized mission-readiness solutions deployed in approximately 40 countries and used by hundreds of thousands […]
Rustic Bakery Ltd. completed its initial public offering and an offer for sale by certain existing shareholders, raising approximately NIS 200 million at a pre-money valuation of approximately NIS 800 million. As part of the transaction, approximately NIS 33.3 million of the offering proceeds were paid to shareholders participating in the offer for sale. Arnon, […]
Nvidia and Google have approached the Israel Tax Authority about the possibility of paying Israeli corporate taxes in dollars rather than shekels, as the shekel’s sharp appreciation creates new cost pressures for global technology companies operating in Israel. The proposal would allow companies to reduce exposure to exchange-rate volatility while potentially limiting additional demand for […]
The Phoenix Group is acquiring a 49% stake in Meshek Energy’s renewable energy and energy storage portfolio, which has a valuation of at least NIS 610 million. The portfolio includes nearly 117 megawatts of photovoltaic assets and over 300 MWh of storage capacity. Meshek Energy will retain 51% of the partnership and continue managing the […]
