Israel’s EnergyTech sector is thriving, and has more than 230 established companies as of 2023, as revealed in a recently-held event by Start-Up Nation Central (SNC), a nonprofit that promotes Israeli innovators to help solve global challenges. See the infographic here.
Author: Idan Nishlis
Mobileye Global Inc controlling shareholder Intel has made a regulatory filing to sell 35 million shares in the Israeli advanced driving assistance systems (ADAS) company. Since holding its Wall Street IPO in late 2022, Mobileye’s share price has doubled in value and now Intel is cashing in to the tune of USD 1.4 billion in […]
The Tel Aviv Stock Exchange the office of the Accountant General at the Israeli Ministry of Finance, and three leading tech companies in the field have completed the proof of concept (PoC) phase for Project Eden. The project will see the issuance of a government digital bond on a dedicated blockchain platform. Read more in […]
Clal Insurance Enterprises Holdings Ltd. has successfully raised NIS 250 million, via a private placement of TASE traded bonds. Goldfarb Gross Seligman represented Clal, led by Adva Bitan, Head of the Securities, Capital Markets and Corporate Department, together with associate Matan Kaddar.
Guy Carpenter, the reinsurance broker arm of Marsh McLennan and a leading global risk and reinsurance specialist, has announced plans to buy Re Solutions, Israel’s leading independent reinsurance broker. Greenberg Traurig is acting for the buyer, led by Joey Shabot, the Tel Aviv Managing Shareholder, together with Fort Lauderdale Shareholder Fred Karlinsky, with the support of […]
Bank Leumi has raised NIS 3.8 billion as part of an expansion of existing series of bonds, as well as the issuance of a new series of commercial papers. A huge demand of NIS 6 billion was registered but ultimately Bank Leumi raised a hugely significant NIS 3.6 billion from institutional entities. Last January, Leumi raised […]
Berlin-based healthtech company, Patient21 has secured €100 million in Series C Funding, as it looks to grow its digital healthcare platform and network of clinics – to make the entire patient journey more seamless and digital. Taylor Wessing’s Hamburg, Berlin and Düsseldorf offices advised Patient21. The investment was led by Israel’s largest VC fund, Pitango, together […]
NTA Metropolitan Mass Transit System Ltd. today issued the tender for operating the Tel Aviv Metropolitan region light rail Green and Purple Lines, which are currently under construction. The tender for operating the lines after construction is completed is worth billions of shekels. Read more in Globes.
Xsolla President Chris Hewish talks about the biggest trends in gaming, cultural differences between American and European gamers, and how Israel fits into the global gaming market. Read more in the Jerusalem Post.
AI is becoming an integral part of our professional environment, as more and more companies, and their employees, are using generative AI tools, such as ChatGPT and CoPilot, in their daily work. The advantages of using those tools are unparalleled, increasing productivity, saving costs and creating new opportunities. However, with great power comes great responsibility, […]
