Israeli AI-based machine health monitoring company Augury is to acquire Israeli AI-based process intelligence company Seebo in a cash and stock deal estimated at appx. USD 140 million. Augury’s machine health solutions help companies ranging from Colgate and PepsiCo to ICL and Essity predict machine reliability and performance issues to eliminate downtime and increase production […]
Author: Idan Nishlis
Abdel Wahid Rakal, director general of Morocco’s Ministry of Industry, Trade and the Digital Economy visited Israel at the head of a delegation of 18 CEOs of some of Morocco’s biggest technology companies. He spoke exclusively to Globes and you can read it here.
Gornitzky represents Fattal Group, Israel’s largest hospitality group, in the establishment, alongside Israeli institutional investors, of a new investment venture for the establishment, acquisition and renovation of hotels in Europe to be operated by the Fattal Group, in an aggregate amount of up to Euro 1 billion. The initial capital commitments raised amounts to Euro […]
Altshuler Shaham has recently completed a reverse triangular merger and an IPO, under which Altshuler Shaham Finance’s shares were listed on the Tel Aviv Stock Exchange, while Altshuler Shaham Provident Funds and Pension’s shares were delisted from the Tel Aviv Stock Exchange. As a result of the merger and IPO, Altshuler Shaham Provident Funds and Pension became […]
It seems that every week we hear news of a new Israeli unicorn and mega round of investment. Israeli high-tech funding reached a record $25 billion in 2021, with $18.93 billion (74% of total capital) raised in rounds over $50 million, according to the latest data from Israeli research institute IVC. 2021 also saw 33 […]
The Israel Innovation Authority (IIA) has been working overtime. The R&D-focused government branch is involved in a slew of new programs in the month of April, several of which were announced just this week. Two of those programs are related to the government’s recent decision to promote a national plan for smart transportation. Read more […]
The Israel Innovation Authority has granted USD 18 million in funds for the “world’s largest” consortium for cultivated meat development” – made up of 14 companies including leading Israeli food tech startups, and 10 universities and research institutions. Read more here.
Apollo Global Management Inc., one of the world’s leading high-growth alternative assets managers, has invested in Liquidity Group. The transaction, led by Apollo, includes debt and equity financing in an aggregate amount of up to USD 475 million, with the participation of existing Liquidity investors, MUFG corporation and Spark Capital and certain other investors, to […]
A survey offering a glimpse into the world of Israeli legal advisers and provides insights gained from the study, which every lawyer, domestic and foreign – who has activity in Israel, must read and comprehend. Among the trends, seen in this years report and in relation to the post-Covid reality, is the fact that more […]
Barely a week goes by when we are not learning about another #unicorn – a private company with a USD 1 billion valuation – and in this sizzling edition of IsraelDesks, we speak to the most prominent thought leaders in Israel to find out what factors help Israel account for some 8% of global unicorns, […]
