The award related to investments in Spanish solar projects. The Court found no genuine link to Israel, criticized the filing as forum shopping, and applied the doctrine of forum non conveniens.

This ruling marks the first time an Israeli court addressed enforcement of an ICSID award.

Pearl Cohen advised the Kingdom of Spain in the proceedings, with partners Yossi Markovich, Nathaniel Agou, Ittai Gross, and Naama Israeli leading the Litigation team. The spanish goverment has entrusted Pearl Cohen to the extensive relationship of Meny Broid and Ilana Soloducho Kashmir, Co-Heads of the Latam & Spain Group.

The post Tel Aviv District Court Dismisses ICSID Award appeared first on IsraelDesks.

The deal reflects Sphera’s strategic move to broaden its financial services platform and strengthen its presence in Israel’s capital markets.

Herzog advised Sphera Group’s shareholders, with Ohad Graub leading the transaction alongside Ori Oren and Lihi Alon Brown, supported by Or Hoffer, Limor Tshuva, Shahar Hibert, and Omer Ben Weiss.

The post Sphera Group Shareholders Acquire Sela Investment House appeared first on IsraelDesks.

The transaction supports Kravitz’s continued growth and transformation in Israel’s competitive retail sector.

S. Horowitz & Co. advised Kravitz Israel, with partners Amit Steinman and Guy Firer leading the matter alongside associate Nicole Cherniavsky.

The post Kravitz Israel Secures Investment From Manor Evergreen appeared first on IsraelDesks.

The financing underscores strong belief in ProteanTecs’ vision and the ongoing strength of Israeli R&D despite global headwinds.

White & Case served as legal advisor, led by London partners Daniel Turgel and Angus Nunn, with support from associate JX Zheng. Herzog also advised, with partner Yuval Meidar leading the team.

The post Israel’s ProteanTecs Raises USD 51M Series D appeared first on IsraelDesks.

The deal will transform Lakera’s Zurich office into Check Point’s global AI security R&D center, expanding its capabilities against rapidly evolving AI-driven cyber threats.

The move reflects growing demand for advanced defense solutions as organizations seek to safeguard networks and infrastructure from new AI-enabled risks.

Naschitz Brandes & Amir advised the NASDAQ-listed buyer.

Learn more in Calcalist.

The post Israeli Cyber Giant Check Point Buys Lakera for USD 300M appeared first on IsraelDesks.

The company develops technology for public transit agencies and cities, offering software, data analytics, demand-responsive ride sharing, routing, and operational tools used in more than 30 countries.

The listing strengthens Via’s position as a leading innovator in the mobility sector and highlights the growing international footprint of Israeli tech companies on Wall Street.

Skadden represented the company and Latham & Watkins represented the underwriters.

Learn more in Globes.

The post Israel’s Via Transportation Completes USD 493M IPO appeared first on IsraelDesks.

The shift, sparked in 2023 by political instability tied to proposed judicial reforms, persists despite the shelving of those reforms after the October 7 Hamas attacks and subsequent conflict in Gaza.

Industry leaders, including Dan Shamgar of Meitar, warned that continued relocation could weaken Israel’s high-tech ecosystem. They called on policymakers to create incentives that keep economic activity local.

Tech remains a cornerstone of Israel’s economy, generating about 20% of GDP, 15% of jobs, and over half of exports. At the IATI conference, executives also pressed for more domestic investment and a revival of the health tech sector, which has seen a downturn. The government has not yet responded to the findings.

Read more in Reuters.

The post Nearly Half of Israeli Startups Incorporate Abroad appeared first on IsraelDesks.

The funds will be directed to Glilot Seed and Glilot Plus to back startups in cybersecurity, enterprise, and AI software, reinforcing the firm’s global expansion and commitment to disruptive technologies.

Learn more in Globes.

The post Glilot Capital Raises USD500M for VC Funds appeared first on IsraelDesks.

Vectorious, headquartered in Israel, develops implantable monitoring devices for heart failure patients, advancing precision in cardiovascular care.

Fischer (FBC & Co.) advised Edwards Lifesciences on the acquisition, which gives Edwards full ownership of Vectorious, strengthening its portfolio of implantable cardiac solutions.

The post Edwards Lifesciences Buys Israeli MedTech Company Vectorious for USD 497M appeared first on IsraelDesks.

Carter Ledyard Milburn, led by partners Guy Ben Ami and Steven Glusband. advised longstanding client Gilat on the U.S. aspects, while Naschitz Brandes Amir, advised on the Israeli aspects.

The post Israel’s Gilat Announces USD66M Private Placement appeared first on IsraelDesks.