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 […]
Author: Idan Nishlis
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 […]
Israeli stent company, InspireMD has raised up to USD113 million as it looks to utilize its proprietary MicroNet technology to make its products the industry standard for carotid stenting. Greenberg Traurig advised the company, which is based in the U.S. and Israel, on the financing led by the LifeSci investment bank, with participation from Marshall Wace, […]
ISPAC 1, the first and only SPAC on the Tel Aviv Stock Exchange, has bought meat and food manufacturer Baladi Ltd., by way of exchange of shares in ISPAC with value of NIS 650 million. The value of the deal is over NIS 1 billion. The transaction – still requiring the approval of the shareholders of […]
Israeli 3D printing company Stratasys and U.S. 3D printing company Desktop Metal will combine with Stratasys in an all-stock deal valued at USD 1.8 billion. When the merger is completed Stratasys shareholders will hold 59% of the combined company, and legacy Desktop Metal stockholders will hold 41%. Scheduled for completion in the fourth quarter of 2023, […]
