ISSTA Group, a leading Israeli travel and real estate company, completed a private placement of shares and options to institutional investors, raising approximately USD 17.6 million (NIS 65 million). Upon full exercise of warrants, the company expects to raise an additional USD 24.9 million (NIS 92 million), boosting its capital base for ongoing operations and […]
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Bank Hapoalim, one of Israel’s largest financial institutions, has obtained Supreme Court approval for a USD 135 million (approx. NIS 500 million) settlement in a high-profile US tax-related derivative claim—the largest of its kind ever approved in Israel. The Supreme Court rendered its judgment after the appellant withdrew his objections to the settlement’s approval in […]
Veteran Israeli infrastructure and real estate group Shikun & Binui has sold 50% of its holdings in three major Israel Defense Forces infrastructure projects—Ofek Rahav, the ICT Campus, and the Intelligence Campus—to a new strategic partner. These long-term concession projects, awarded by the Israeli Ministry of Defense, support the national plan to relocate key military […]
Lipa Meir & Co. partners Alon Pomeranc, Managing Partner and Head of the Litigation Department, and Reut Beitz, partner in the same department, provide an essential guide to Israel’s civil litigation system in a new Q&A published by Lexology. They outline how Israel’s judiciary operates with no jury system, strict deadlines, and significant judicial involvement—factors that can […]
Israel and the United States are launching a joint USD 200m quantum computing fund, with the UAE and Saudi Arabia expected to join as strategic partners. Spearheaded by Maj. Gen. (res.) Tamir Hayman and U.S. congressional leaders, the initiative aims to elevate quantum technology as a cross-border priority—advancing regional cooperation through deep-tech investment. The fund […]
Authorities in the U.S. and Europe have begun cracking down on companies accused of “AI washing”—falsely marketing themselves as powered by artificial intelligence without credible technological backing. This regulatory momentum is now extending to Israel, where startups are being warned that overstating AI features may soon trigger legal consequences, not just reputational damage. According to […]
Israeli venture capital firm Red Dot Capital Partners has closed its third flagship fund at USD 320m, raising its total assets under management to USD 750m. The firm focuses on early-growth companies—typically in Series A to C rounds—with annual revenues of USD 1–5m, investing between USD 10–20m per deal. It has already backed four startups […]
Israeli real estate developer BaitVeGag has completed its debut bond series issuance on the Tel Aviv Stock Exchange, raising NIS 105 million following robust institutional demand totaling NIS 288 million. This milestone strengthens BaitVeGag’s capital base and underscores the market’s confidence in secured, asset-backed offerings within Israel’s real estate sector. The move comes amid continued […]
Kardan Real Estate has secured final approval for a major new urban development plan in West Netanya. The project, covering 345 residential units, 900 sqm of office space, and 1,600 sqm of commercial space, represents a total investment of approximately NIS 500 million. Kardan entered into a combination agreement with landowners holding around 80% of […]
Together Pharma Ltd., an Israel-based publicly traded company active in the medical cannabis industry, has secured a NIS 12 million strategic investment from Yehezkel Damri. The transaction positions Damri as a major shareholder, signaling confidence in the company’s growth potential and expanding its investor base. Pearl Cohen advised Together Pharma, with the transaction led by […]
