More Investment House and Schestowitz Group are investing NIS 200 million in renewable energy technology company Ener-T, in a pre-IPO transaction that values the company at approximately NIS 1 billion. The investment will be injected into Ener-T, with a smaller portion paid to the company’s founders. The transaction comes as Ener-T prepares for a planned […]
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Israel has the world’s highest concentration of AI-native startups, according to a new global study, Engines of Growth, conducted independently by Strand Partners for Amazon Web Services. The report found that 31% of Israeli startups less than five years old are classified as AI-native, meaning they were built around artificial intelligence from day one. Israel […]
Israel has launched a new competitive process for natural gas exploration in its economic waters, opening five new offshore blocks covering approximately 7,100 square kilometers in the Mediterranean Sea. The Energy and Infrastructure Ministry said hundreds of billions of cubic meters of natural gas may remain undiscovered in Israel’s exclusive economic zone. Additional discoveries could […]
The Israeli government has approved the merger of Elta Systems into Israel Aerospace Industries, advancing a corporate restructuring aimed at simplifying IAI’s operations ahead of a potential IPO. Elta, an IAI subsidiary based in Ashdod and Beersheba, specializes in radar, intelligence systems, and unmanned vehicles. Following the merger, Elta’s operations, assets, rights, and liabilities will […]
Carter Ledyard & Milburn and ACC Israel will host a joint webinar on CFIUS, the Committee on Foreign Investment in the United States, from a US legal perspective tailored for Israeli companies with US inbound business activity. The webinar, titled “CFIUS Explained: What Israeli Companies with US Inbound Business Need to Know,” will take place […]
A group comprising Delek Israel, Keystone Infrastructure Fund, and Leumi Partners has signed an agreement to acquire Hot Mobile from telecom giant Altice at a valuation of approximately NIS 1.2 billion. Under the transaction structure, Delek Israel and Keystone will each hold 40% of Hot Mobile, while Leumi Partners will hold the remaining 20%. The […]
Israeli biotech company Chemomab Therapeutics and Scipher Medicine have entered into a definitive merger agreement to combine in an all-stock transaction that values the combined company at USD 150 million, before a concurrent USD 30 million private placement. The combined company will operate as Scipher Medicine Corporation and is expected to trade on Nasdaq under […]
Migdal Capital Markets has agreed to invest NIS 325 million in Guy & Doron Levy Engineering, Construction and Investment, an Israeli real estate development and construction company, at a pre-money valuation of approximately NIS 2 billion. The investment will be made through the issuance of new shares, following which Migdal will hold 14% of the […]
Moburst, an Israeli digital marketing and AI-powered solutions agency, has acquired Hyperzon, a full-scale Amazon marketing firm that helps brands grow, optimize, and scale their e-commerce presence. Hyperzon has worked with more than 150 companies across sectors including supplements, cosmetics, pet, baby, fitness, and wellness, home, kitchen, and garden. The acquisition will see Hyperzon operate […]
Belgian cybersecurity unicorn Aikido Security has acquired Israeli-founded cybersecurity company Root Security in a USD 70 million deal, expanding its software supply chain security capabilities with technology for automatically patching open-source vulnerabilities without requiring upgrades or migrations. Root’s platform is designed to help developers remediate vulnerabilities in the versions of open-source software they are already […]
