IQVIA and Clalit Health Services have announced they will join together to launch the first Prime Site in Israel. The alliance is expected to merge the respective expertise of IQVIA and Clalit in clinical trial delivery, real-world research and genomics, and establish a unique and innovative platform for the advancement of data science and technology. Lipa Meir […]
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Having secured the rights to buy 100% shares of Haifa Port Company Ltd., a consortium comprising India’s Adani Ports and Israel’s Gadot Group has now closed the financing. Adani Ports and Gadot Group hold 70%-30% shares respectively in the consortium, which won the auction for the port last July, agreeing to pay NIS 4.1 billion. […]
Delek Group Ltd.’s UK North Sea oil and gas production unit Ithaca Energy completes its flotation on the London Stock Exchange. The flotation will give Ithaca a valuation of between USD2.9, and inject USD 303 million cash into Delek. This will be another milestone in a remarkable recovery for Delek, controlled by Yitzhak Tshuva (50.2%), […]
Healthtech startup Navina announced on Thursday that it has raised a USD 22 million Series B funding round, doubling the total investment to date to $44 million. The financing was led by ALIVE Israel HealthTech Fund, with participation from existing investors Grove Ventures, Vertex Ventures Israel, and Schusterman Family Investments. Navina uses medically-informed AI to […]
Mobility space, Spree Acquisition Corp. 1 Limited (NYSE: SHAP) has entered into a definitive business combination agreement for a de-SPAC merger with zTrip, the largest taxi fleet operator in the U.S. The business combination agreement would result in zTrip becoming publicly listed on the NYSE and the combined company will be named WHC Worldwide, Inc. […]
In September, the Ministry of Innovation, Science and Technology named blue tech as one of Israel’s top research and development priorities over the next five years. That came after the July launch of the National Center for Blue Economy and Innovation, which aims to build sustainable technological innovation and entrepreneurship in the maritime space. Read […]
With sustainable energy taking center stage at the COP27 climate change conference in Egypt, news has emerged that Israel, the UAE and Jordan will sign an MOU at COP 27. The deal confirms the commitment of the three countries to develop a huge solar energy project in Jordan which will supply electricity to Israel and […]
“We’re optimistic and hopeful that we will close the deal by the end of the year,” Bahraini Minister of Industry and Commerce Zayed Alzayani said during a visit to a leading Israeli venture capital firm, Jerusalem Venture Partners. Read more on Reuters.
This week, ironSource merged with Unity to become the leading end-to-end platform for mobile game developers. ironSource completed its SPAC merger and began trading on Wall Street in June 2021, with a market cap of USD 11.1 billion, the most valuable SPAC merger involving an Israeli company. It is now completing its merger at a […]
Cybersecurity company Apiiro has raised a USD100 million Series B financing round led by General Catalyst, with participation by Greylock and Kleiner Perkins. The company did not share the valuation. The total raised so far is USD 135 million, as per Crunchbase. The Tel Aviv-based company’s solution identifies risks and weaknesses in the code of […]
