Investments in early-stage start-ups, and Seed investments, in particular, are the fuel that will drive Israeli high-tech in 2023, CTech’s comprehensive VC survey has shown. Interviews held with dozens of VC executives who invest in companies at various stages revealed that in the coming year Seed investments will reign over all others. Read more in […]
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Israeli start-ups raised over USD 500 million in December 2022, according to press releases seen by financial newspaper, Globes. In December, the major financing rounds that were completed included: * Cybersecurity company Snyk, which raised USD 196.5 million. * Metabolism measurement device company Lumen raised USD 62 million * Precision pollination company Beehero raised USD […]
Amid a global rout in equities, some recently listed European tech companies have seen their shares plummet by up to 98%. That means startups looking for an exit must find other means this year — namely being bought by another company. Larger companies will take advantage of their smaller peers’ reduced valuations to add different dimensions to […]
Herzog Fox & Neeman ranked top of the table in Deal Volume for MEA, followed by Meitar in six place and Yigal, Tadmor-Levy in 14th place, according to Mergermarket’s year end report. Gornitzky was ranked as the leading law firm in Israel by value and 11th overall in MEA, with Agmon & Co., Rosenberg Hacohen […]
Two weeks after the Bank of Israel awarded a conditional license to new Israeli bank Esh, the bank has announced that Clal Insurance and Finance will invest NIS 100 million in the Esh group. The companies will take a 4.99% stake in each of the group companies, the bank and the technology company. The bank […]
Steakholder Foods Ltd. an international deep-tech food company listed on Nasdaq has closed its public offering of 6,500,000 American Depositary Shares and warrant, raising gross proceeds of USD 6.5 million. With facilities in Rehovot, Israel and Antwerp, Belgium, Steakholder Foods Ltd., formerly MeaTech 3D Ltd., is an international deep-tech food company at the forefront of […]
The sale of Israel’s Haifa port has been finalized for NIS 4.1 billion (appx. USD 1.15 billion, cementing the country’s position as a regional economic power. A consortium headed by India’s Adani Group has finalized its purchase of Israel’s Haifa Port, Israel’s Finance Ministry announced. Previously, the Haifa Port was run by the Haifa Port […]
After a long-running saga in the Israeli gas sector, the Supreme Court in Israel has rejected one the largest class action in Israel – in terms of damages – that had been filed against the holders of the Tamar gas field, one of the country’s largest gas fields. The class action related to allegations over […]
Taylor Wessing advised MLP GROUP S.A., one of the leading developers of logistics and production space in Central Europe, in connection with the public offering of Series F ordinary bearer shares and the listing of these shares on the main market of the Warsaw Stock Exchange. The Group’s ultimate parent company is Israel Land Development […]
There was also good news reported with regards to Israel’s exports, which are expected to have risen more than 10% to a record level of at least USD160 billion in 2022, led by exports of services, the Economy Ministry said on Sunday. Read more in Calcalist.
