Israeli cloud cybersecurity company Wiz today announced the completion of a USD 300 million Series D financing round at a company valuation of USD10 billion. The latest financing round was led by Lightspeed Venture Partners and existing investors Greenoaks Capital Partners and Index Ventures. Also participating were existing investors Sequoia, Insight Partners, and Gil Ra’anan’s Cyberstarts. Private […]
Author: Idan Nishlis
Leading Israeli insurance and finance group Harel sells 50 Broadway SW1. Harel Insurance and Finance is one of Israel’s largest insurance and finance groups. Their comprehensive product portfolio includes health, life, business, and motor insurance as well as investment services such as pension and mutual funds. Harel purchased 50 Broadway in 2014 and together with […]
Investments by European companies in Israeli startups last year totaled USD 1.66 billion last year, or about 10% of the total funds raised, research company IVC announced. The company added that there were 239 transactions involving European money and the funds raised by Israeli startups in 2022 from European sources made up about 10% of […]
Israel and China are close to completing negotiations on a free trade agreement, which could be signed this year. The Chinese had planned for the pact to be signed last year, but the lockdowns because of the Covid-19 pandemic and the inability to conduct face-to-face meeting led to delays in the talks. Read more in […]
Clal Insurance Enterprises Holdings Ltd. has issued two series of convertible and non-convertible bonds on the Tel Aviv Stock Exchange for a total value of NIS 400 million. Goldfarb Gross Seligman acts for the company, led by partner Adva Bitan and Matan Kaddar from the Capital Markets Department of the recently merged firm.
NEVA SGR – the venture capital company of the Intesa Sanpaolo Group – has invested in CoreTigo – Industrial Wireless Automation, a highly innovative Israeli company in the revolution of wireless deterministic communications for industrial automation. Greenberg Traurig advised NEVA SGR, with the cross-border deal managed by shareholder Pietro Caliceti, together with Israeli shareholder Joey Shabot and Of […]
Tidhar Group and the Harel Insurance and Finance Group have acquired the Kastra Commercial Center in Haifa for NIS 400 million. Tidhar is an international real estate group that initiates, builds and marketsresidential, commercial and industrial projects in Israel and abroad, while Harel is one of Israel’s largest and most prominent financial groups. FBC advised the […]
Property and Building Corporation Ltd. (PBC) has issued a series of new secured TASE traded bonds for NIS 1.26 billion. Based in Israel, PBC is a real estate company that, together with its subsidiaries and affiliated companies, produces properties and construction for commercial and industrial purposes, both in Israel and abroad. Goldfarb Gross Seligman acted […]
Urgent.ly Inc. has signed a merger agreement with Otonomo Technologies Ltd., an Israeli auto-tech mobility data company traded on Nasdaq (OTMO). The transaction will see Urgent.ly acquire Otonomo in consideration for Urgent.ly shares and Urgent.ly will be registered for trade on Nasdaq. Herzog advised Urgent.ly, led by partners Nathan Wiesenberg, Nir Dash, Ran Hai, Dr. Yuval Navot, Shachar Porat and Amir Cooper, as well as associate Nesimyan Adawi.
Canadian Regulations Banning Foreign Homebuyers Aird & Berlis LLP – the articles references can be read in their entirety on Aird & Berlis’ website here and here. Canada’s Parliament recently passed the Prohibition on the Purchase of Residential Property by Non-Canadians Act (the “Act”), which has prohibited the purchasing of residential real estate by non-residents, directly […]
