This week, ironSource merged with Unity to become the leading end-to-end platform for mobile game developers. ironSource completed its SPAC merger and began trading on Wall Street in June 2021, with a market cap of USD 11.1 billion, the most valuable SPAC merger involving an Israeli company. It is now completing its merger at a […]
Author: Idan Nishlis
Cybersecurity company Apiiro has raised a USD100 million Series B financing round led by General Catalyst, with participation by Greylock and Kleiner Perkins. The company did not share the valuation. The total raised so far is USD 135 million, as per Crunchbase. The Tel Aviv-based company’s solution identifies risks and weaknesses in the code of […]
Delek Group Ltd.’s UK North Sea oil and gas production unit Ithaca Energy is set for its flotation on the London Stock Exchange next week. The flotation will give Ithaca a valuation of between USD2.9 billion and USD 3.6 billion, and inject USD 340 – USD 540 million cash into Delek. This will be another […]
Israel-based computer vision company, Trigo, has raised USD 100 million in a new Series D equity financing round. Trigo, which builds the infrastructure for autonomous retail stores, plans to scale its deployment of autonomous urban supermarkets across Europe and the US, enter new jurisdictions, and develop its comprehensive store and inventory management software application suite, […]
Israeli startups raised over USD 700 million in October 2022, according to Globes. The relatively low figure for October can be explained partly by the slowdown in the global tech industry and partly by the fewer number of work days in the month due to the holidays. In October, the major financing rounds that were […]
Today, Israel is one of the world’s leaders in water technologies, reusing nearly 90% of its wastewater, and producing almost 80% of its drinking water through desalination plants. For Morocco, water stress has become an increasingly alarming problem. To address the issue, Baraka emphasized the need for “hydro-diplomacy.” At the beginning of this year, the Moroccan […]
There are many ways in which Israeli companies can penetrate the EU markets, and the current economic challenges in the UK serve only more reasons that companies should look within the world’s largest trading bloc for options to expand their business. As companies look into how to enter the market, Polish officials are turning to […]
With more than 2,500 lawyers around the world in 43 different offices, Greenberg Traurig has dramatically bolstered its corporate and capital markets practices, with the addition of McDermott Will & Emery’s Israel practice. While it is obviously common to see lateral partner moves in the legal industry, it is more uncommon to see a whole […]
Israeli start-up OpenWeb has raised USD 170 million in a Series F financing – led by Georgian – valuing the company at USD 1.5 billion. To date, the company has raised USD 393 million in funding. OpenWeb has developed a community engagement platform for a healthier open web, and has increased its valuation despite the […]
Israel-based SatixFy has listed on the New York Stock Exchange following its merger with Endurance Acquisition Corp., a SPAC company. SatixFy plans to use proceeds from its SPAC deal to fund an aggressive sales strategy for the antennas, terminals, and modems it produces based on semiconductors developed in-house. SPACs helped launch nine space companies to […]
