Finland’s Nordic Capital private equity firm has invested USD 300 million in Israeli medical device company Equashield Medical for a 25% stake, at a company valuation of USD 1.3 billion. Nordic Capital will support the acceleration of Equashield’s growth ambitions and the achievement of its strategic objective of global leadership in compounding technologies. Latham & […]
Author: Idan Nishlis
Just two years after the signing of the Abraham Accords, memorandums of understanding are turning into business deals, and trade between Israel and Morocco is spiking at unprecedented rates. “In the last couple of years, the floodgates have opened,” said Jeremy Lustman of DLA. Read more in the Jerusalem Post.
The event will host investors, multinational agrifood corporations and experts in relevant fields, including Greenberg Traurig’s Israel Practice Chair Bob Grossman and Global Patent Prosecution Group Co-Chair Barry Schindler, and Shibolet’s Head of Hi-Tech Ofer Ben Yehuda and Hi-Tech associate Dor Amar, who will act as speakers and judges. Read more here.
Described by those present as the beginning of a “new era,” the Israeli and Lebanese delegations today signed an agreement on the maritime boundaries between the two countries at UN Interim Forces in Lebanon (UNIFIL) headquarters in Naquora. The agreement concerns the Karish gas field, which will be Israel’s third gas field connected to the grid […]
Reichman University (IDC Herzliya) has collaborated with Google to set up a Tech School to address the lack of underrepresented citizens of Israel in the Israeli high-tech industry. Shibolet represented Reichman University in this major social transaction. In other news, Google’s parent company, Alphabet, activated its local cloud region for Israel this past week, a […]
Ginegar Plastic Products has signed an agreement to establish a joint venture with a company in Morocco to establish a production plant for sheets for greenhouses and ground covers in Casablanca. Ginegar is an Israeli company and a world leader in the field of plastic sheets for greenhouses and engineering sheets for the fields of […]
UK-listed Alphawave IP has bought Banias Labs for USD 240 million and now owns 100% of the company’s share capital. Yigal Arnon – Tadmor Levy advises Tel Aviv-based Banias Labs, which is a leading provider of coherent optical DSP semiconductor technology. Advice was provided by Orly Tsioni, Odelia Sidi, Kobi Ben Chitrit, Miriam Freidmann, Eli Greenbaum, […]
Shikun & Binui Holdings Ltd.’s fully-owned unit Bereshit Ofek Rahav has been selected by the IDF Tenders Committee to build and operate the Ofek Rahav army base in Ramle. The company will plan, build and operate the base over 25 years. The Ofek Rahav base will be the IDF’s largest multi-division base and will include […]
Israeli insurtech company Vesttoo has completion of an USD 80 million Series C financing round, at a company valuation of USD1 billion (after money). The financing round was led by Mouro Capital with the participation of Gramercy Ventures, Black River Ventures (BRV) and Hanaco Ventures. The latest funding fuels its global expansion plans in a market ripe […]
KIRKBI A/S, the family-owned holding and investment company of the LEGO brand, and BrainPOP, a leading educational technology business, announced that they have entered into a definitive agreement for KIRKBI to acquire 100% ownership of BrainPOP. The edtech company, founded by former pediatrician and immunologist Avraham Kadar, develops short, animated movies for kids that aim […]
