The 2023 finalists for the Europe, Middle East, & Africa awards. The Awards aim to recognize the most gender diverse and progressive law firms and in-house teams, as well as the most innovative achievements by the region’s leading female lawyers. Seven Israeli law firms made the shortlist for Israel Firm of the Year: Agmon with […]
Author: Idan Nishlis
Foretellix, the leading provider of safety-driven verification and validation solutions for Automated Driving Systems and Advanced Driver Assistance Systems (ADAS), announced today it has raised $43 million in the first closing of its Series C funding round led by 83North, bringing its total raised capital to over $93 million. Woven Capital, the growth fund of Toyota, […]
Where patents are concerned, interested parties have made efforts to convince patent authorities worldwide that AI should be granted the status of “inventor” because it is capable of developing inventions on its own. So far, those efforts have not been successful because one of the requirements in most patent laws is that an inventor must […]
Agmon with Tulchsinky has opened a new southern branch in the southern Israeli city of Be’er Sheva, celebrating recently with many prominent figures in Israel’s southern business community. These included, among others, Mr. Reuven “Ruvik” Danilovic, the Mayor of Be’er Sheva, Adv. Alon Yifrah, the Head of the Southern Transition Administration at the Ministry of […]
China and Israel continue to make progress on a free trade agreement. The Ministry of Foreign Affairs of the People’s Republic of China reports that, at the end of March, a further round of direct talks on the agreement took place between representatives of the Israeli and Chinese governments. This is the eighth round of […]
Venture capital firm Vesey Ventures announced the raising of its first fund today, amounting to USD 78 million, with a focus on early-stage investment in fintech and on technology companies in cyber, AI and data that sell to the financial services industry. The founders of the firm are three former managing directors of American Express’s […]
Investment in Israeli privately-held tech companies slowed to just USD 1.7 billion in the first quarter of 2023, Start-Up Nation Policy Institute (SPNI) reports. Israeli privately-held tech companies raised USD 15 billion in 2022, according to IVC-Leumitech. At the current rate, Israeli start-ups are unlikely to raise more than USD 7 billion this year. In […]
New York City is now home to a record-breaking 30 Israeli-founded unicorns, according to the United States – Israel Business Alliance (USIBA). These privately held companies are valued at USD 1 billion or more and all 30 have their global or U.S. headquarters in New York City, making it the city with the most Israeli-founded tech […]
S. Horowitz partners Alex Hertman and Noam Zamir, together with Adv. Maya Ganor, successfully represented Discount Investments in a precedent-setting case before the Supreme Court regarding dividend distribution tests. The Court accepted the company’s arguments and established a legal precedent that the profit test for dividend distribution does not necessarily have to consider anticipated losses […]
Volvo Group Venture Capital AB has completed a Series C Round Investment into Israeli company Foretellix, a leader in the Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicle Safety industry. Greenberg Traurig advised on the deal – led by Tel Aviv Managing Shareholder Joey Shabot, with the support of attorneys Ephraim Schmeidler and Aaron R. Katz.
