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 […]
Author: Idan Nishlis
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, […]
Israeli fintech unicorn Tipalti has raised USD150 million in credit financing from JPMorgan Chase Bank and Hercules Capital. Tipalti raised a USD270 million Series F in 2021 at a valuation of USD8.3 billion that brought the company’s total funding to over USD550 million. Latham & Watkins and Gornitzky represented Hercules. White & Case and Gornitzky […]
FIMI Opportunity Funds, the leading private equity firm, has invested USD 60 million in Nasdaq-listed Kamada Ltd., a biopharma company and leader in the specialty plasma-derived field. Naschitz Brandes Amir advised FIMI in a deal led by Sharon Amir, Senior Partner and Head of M&A, Tuvia Geffen, Head of International Capital Markets, M&A partner Adi Lahat and Golan Kaneti, Head of […]
