On the negative side, starting November 2021, there has been a fall in investments in Israeli start-ups from new investors, who had not previously invested. On the positive side, IVC-LeumiTech found that the fall in the number of investments in Israeli startups is more moderate than the downward correction on Nasdaq. The full report will […]
Author: Idan Nishlis
We catch up with Michael A. Sweet, Partner and Co-Chair of the firm’s Israel Practice Group at Fox Rothschild. You have had an Israel Desk and team for some time, what was the driving force behind that and how does it fit in with the firm’s overall strategy and focus? Michael Sweet: Fox Rothschild seeks […]
OPC Energy, a subsidiary company of Ofer Brothers Group, has acquired the full ownership rights in the Sugat power plant from Dor Alon, managed and owned by Moti Ben Moshe. The deal is one of the largest deals in the energy industry, worth approximately NIS 1 billion. This deal was accomplished in a record time, vs. significant […]
Vayyar Imaging has raised USD 108 million in a Series E financed with a USD 1 billion valuation for the 4D imaging radar company. It takes the company’s total funding over USD 300 million. The Israeli semiconductor company supplies radars to the automotive and senior care sectors, producing affordable sensors that provide detection and tracking Herzog […]
Israeli SaaS company, Coralogix has completed a USD 142 million Series D financing. Advent International and Brighton Park Capital co-led the round with participation from Revaia Ventures and existing investors Greenfield Partners, Red Dot Capital Partners, O.G. Tech, StageOne Ventures, Joule Capital Partners, and Maor Investments H-F & Co advised the company, with advice provided by partner, Yuval Oren, […]
The Israel Electric Company (“IEC”) has successfully handed over the Hagit -East power plant to the consortium of new owners, Shikun & Binui Energy and Edeltech. The sale of the 660MW East Hagit Power Plant is part of the 2018 electric grid reform in which government-owned Israel Electric Corp. is relinquishing its electricity production monopoly. […]
The Israeli billionaire is asking £1.3 billion for the popular London tourist attraction, “The Financial Times” reports. Sagi is asking £1.3 billion for the popular London tourist attraction, the UK paper adds. The historic site, covering 16 acres, includes market stalls, bars, entertainment venues, housing and offices. Read more here.
The program aims to group Mexican and Israeli entrepreneurs to work collaboratively to advance creative solutions to local challenges, such as health, communication and water management, within Mexico — the 15th-largest economy in the world. Read more here.
Israeli credit asset manager Viola Credit has closed a USD 700 million fund to provide credit lines to fintech companies with platforms across the US, Western Europe, UK, Australia, and New Zealand that disrupt traditional lending sectors. All the money was raised from Israeli institutional investors. Viola Credit, formerly known as Plenus, was founded in […]
Under a new proposed plan, the two countries are set to jointly develop the Nitzana crossing between them, where commercial trade is handled, as a regional logistics center and a joint employment area; engage in R&D cooperation; develop joint projects in the area of green energy; and increase the number of direct flights. The plan […]
