Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron and DLA Piper have acted for Israeli 4D imaging radar solutions for smart cars developer, Arbe Robotics Ltd. in its successful de-SPAC merger with Industrial Tech Acquisitions, Inc. and its listing on the NASDAQ. Arbe was represented by EBN partners Shay Dayan and Lior Etgar, along with attorneys Bar Fenster, Shmarya […]
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Israeli AI chip maker Hailo becomes newest ‘unicorn’ after USD 136 million investment, bringing the total raised to USD 224 million. The investment values the Tel Aviv-based start-up at over USD 1 billion. Founded in 2017, the company’s AI processor allows smart devices to run deep learning applications for industries such as automotive, drones, and […]
A joint effort between MizMaa Ventures and IVC Data and Insights has reviewed 100+ Israeli InsureTech companies across different verticals, seeking to discover the next generation of insurance technology companies. Some verticals are more crowded, such as automotive and life & health, and some are fairly new like crop, commercial and even drone insurance. Traditional […]
Israeli startups raised over USD 2.2 billion in September 2021, according to press releases from the companies and their investors as well as other sources, as reported in Globes. Israeli tech companies have now raised USD 17.5 Billion in the first nine months of 2021, already far above the record USD 10 Billion raised in […]
Tel Aviv-based start-up Adaptive Shield has closed a USD 30 million Series A funding led by Insight Partners as it looks to expand its business automating the security of software-as-a-service (SaaS) applications Additional funding came from Okta Ventures and existing investor, Vertex Ventures Israel. Adaptive Shield was represented by a Yigal Arnon team comprising Kobi […]
IBI Investment House Ltd. has joined forces with Africa-Israel Hotels to form a large-scale, first-of-its-kind hospitality fund in Israel with a total asset value of approximately NIS 1.2 billion. This deal is widely considered groundbreaking in the hospitality and private equity fund sectors in Israel. Shibolet partner Ram Spektor, co-lead of the firm’s Fund Formation […]
In yet another deal in the vibrant gaming sector, French gaming company Voodoo has agreed to buy Israeli gaming co Beach Bum for an amount between USD 200-300 million, according to a report in Globes. Beach Bum, which has developed digital board games backgammon, rummy and spades, is based in Ra’anana and had grown rapidly […]
Valens Semiconductor, Ltd. (“Valens”), a premier provider of high-speed connectivity solutions for the audio-video and automotive markets, has completed a business combination with SPAC, PTK Acquisition Corp. The company is now traded on the NYSE, with a USD 1.16 Billion valuation. Founded in 2006 and based in Hod Hasharon, Israel, Valens was represented by a […]
Motorola Solutions sells Agent Video Intelligence, a Motorola portfolio company to Irisity AB, a Swedish video analytics company traded on NASDAQ. Agent VI has developed smart systems for identifying irregularities using video camera at airports, power stations, college campuses, smart cities and more. Motorola was represented by Erdinast, Ben Nathan, Toledano & Co. with Hamburger Evron […]
Last year was considered a golden age of IPOs for Israeli startups and tech companies. Biotech hadn’t typically been part of that trend. No more. From January to August 2021, there were 65 biotech companies listed in the U.S., while in all of 2020 there were just 71 such offerings. In an article in Calcalist, […]
