The First Digital Bank, the first Israeli bank to be established in more than 40 years, is raising $120 million from local and international investors led by Swiss bank Julius Baer, Chinese technology giant Tencent, and Japanese financial group SBI. The bank, founded by Amnon Shashua, began a running-in period, with the aim of gradually […]
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Econergy Renewable Energy Ltd. has completed its first successful Convertible Bond issuance. The Company won the capital market trust and raised NIS 242 million by issuing a series of Convertible Bonds to the public. Econergy Renewable Energy Ltd. was represented by Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron, led by Moty Yamin, Hagar […]
Delek Drilling has completed the sale of its 22% interest in the Tamar and Dalit natural gas reservoirs to Mubadala Petroleum of Abu Dhabi, for over USD 1 billion. Agmon & Co. Rosenberg Hacohen & Co. act for Delek Drilling in this historical transaction, with Dan Hacohen, Eddie Ashkenazi, Evyatar Sadeh and Rebecca Baskin Zafrir […]
In the first ever Women In Law Awards by Asian Legal Business, Israeli law firms and lawyers are right in the mix for the awards, which are to be announced via an online award ceremony on December 15. Litigator of the Year, India and Middle East Hadas Bekel of Erdinast Ben Nathan Toledano […]
hiSky S.C.S Ltd., a leading developer and provider of satellite networks and solutions for IoT, has closed a Series A USD 30 million round. The financing round was led by ST Engineering Ventures Pte Ltd., the Corporate Venture Capital unit of ST Engineering, a global technology, defence and engineering group headquartered in Singapore. The financing […]
Intel has acquired Israeli start-up, Screenovate, which has developed screen duplication solutions technology for USD 150 million. Founded in 2010, Screenovate has developed a technology that enables smartphone screens to be projected onto TVs and computers, and can also be used to scan, print, and copy files. The Yigal Arnon team was led by Barak […]
Israeli cyber unicorn Claroty hxas completed a USD 400 million Series E financing led by Softbank, as well as its purchase of Medigate, a leading Israeli healthcare IoT security company. With these two transactions, Claroty broke two local records – the IoT cyber company with the highest total funding (USD 635 million), and the largest […]
Israeli AI company, Windward has listed on the AIM market, valued at more than £126 million. Windward’s real-time tracking tech is used by corporations including BP, Shell and HSBC to ensure chartered vessels do not violate shipping regulations or international sanctions. Customers also include US defence and homeland security agencies, the EU coastguard and the […]
Israeli tech cos newly listed on Wall Street are struggling SentinelOne, monday.com and Global-e are flourishing but the other 17 Israeli companies are losing ground. “Globes” analyzes why. More than 20 Israeli tech companies have begun trading on Wall Street in 2021, one of the busiest ever years for overseas listings. Half of those companies […]
In its latest high-profile energy power transaction, Shikun and Binui USA was involved in a triple transaction to acquire 100% of the Brazoria West Solar Project with 260 megawatts of planned solar energy productivity from Savion, part of Macquarie’s Green Investment Group. Pillsbury advised on the acquisition as well as the debt financing and tax equity […]
