Mekorot, Israel’s national water company, has secured an aggregate 65 MW allocation across two Israel Electricity Authority availability certificate procedures. The company received a 40 MW allocation in the second procedure, following a 25 MW allocation in the first procedure. Mekorot is Israel’s largest electricity consumer, accounting for a meaningful share of national electricity consumption […]
Author: Idan Nishlis
Glow has raised USD 180 million at a company valuation of USD 1.2 billion, becoming a unicorn within a year of its founding. The Israeli cybersecurity company, founded by former Meta executives Roi Tiger, Alon Haimovich, and Guy Shapira, develops an AI-native endpoint security platform designed to address risks created by AI agents and new […]
Bank of Jerusalem has completed its third private mortgage-backed securitization, involving a portfolio of mortgage-backed loans totaling approximately NIS 530 million. The transaction was structured through the issuance of senior notes, mezzanine notes, and subordinated notes to institutional investors. The senior notes received an international AA- rating from S&P, reflecting the structure of the transaction […]
Entera Bio announced the pricing of an oversubscribed USD 275 million private placement, led by existing investor BVF Partners. The financing marks the largest Israeli biotechnology PIPE transaction to date and includes participation from new healthcare investors, including Longitude Capital, Vivo Capital, TCGX, Spruce Street Capital, Venrock Healthcare Capital Partners, RA Capital Management, Perceptive Advisors, […]
Israeli companies seeking to expand globally should view Australia as a strategic launchpad, according to Paul Israel, executive director of the Israel-Australia Chamber of Commerce. Australia’s strong economy, demand for innovation, and early-adopter technology market can give Israeli companies a valuable opportunity to build credibility before entering larger markets such as the United States, Asia, […]
Greece’s National Security Council has approved a historic procurement of a multi-layered Israeli air defense system worth approximately USD 4 billion. The system will form part of Greece’s “Achilles Shield,” a broader defense modernization program intended to strengthen the country’s air, missile, and drone defense capabilities. The approval follows months of talks with Israel and […]
The Israeli technology ecosystem in New York has gained a dedicated new hub with the opening of Hakibbutz NYC in Manhattan’s Chelsea neighborhood. The hub was established through a partnership between Hakibbutz, an Israeli innovation and workspace company, and Israeli Mapped in NY, a platform tracking Israeli technology companies in New York. The space is […]
Israeli companies completed 325 public and private offerings totaling USD 32 billion in the first half of 2026, making it the third-strongest year for Israeli public transactions in the past decade, according to a new Grant Thornton Israel report. The report found that Israeli companies raised approximately USD 4.1 billion during the period, with approximately […]
Israeli exports reached an all-time high of USD 169 billion over the past year, according to official figures from the Foreign Trade Administration. The total exceeded the Economy and Industry Ministry’s forecast of USD 165 billion and surpassed the previous record of just over USD 166 billion set in 2022. The increase came despite geopolitical […]
Akamai Technologies has completed its acquisition of LayerX, an Israeli secure enterprise browser company, for approximately USD 205 million. LayerX’s technology helps enterprises secure employee access to SaaS applications, web activity, and generative AI tools directly through the browser. The acquisition is intended to advance Akamai’s workforce security strategy by adding AI usage control, browser-level […]
