With new PM Naftali Bennett having achieved great success in the ever-vibrant and growing fintech sector, we also look at 11 Israeli fintech unicorns helping to change the world and note how Yigal Arnon & Co. has helped to achieve a vital step on the way to regulating blockchain activity in Israel. In big data, Herzog, Fox & Neeman advised [...]
As a new coalition government was agreed this week, it is business as usual for many Israeli businesses. The capital markets remain busy, with the ad-tech company Tremor filing for a Nasdaq IPO at USD 1.5 Billion valuation, while Pearl Cohen advised Geffen Technologies on its capital raising down on the Australian Stock Exchange and [...]
As we roll into May, the talk is investment, investment, investment! Israeli startups raised over USD 2.2 Billion in April, the second successive month in which Israeli startups raised more than USD 2 Billion, after raising a record USD 2.8 billion in March. In another IVC report, carried out with Sweetwood Capital, Israel VC's raised [...]
Digital intelligence and forensics firm, Cellebrite looks to list on NASDAQ at USD2.4 Billion valuation (with White & Case LLP and Meitar advising Cellebrite, Herzog Fox & Neeman support the SPAC). Gornitzky & Co. advised Yum! Brands Inc. on its purchase of Israeli food ordering start-up, TicTuk Technologies Ltd., while Bryan Cave Leighton Paisner LLP advised Macquarie Capital on a partnership with [...]
While Israel’s politicians try to negotiate the country towards a coalition government, there are plenty of negotiations for Israeli businesses this past week. Israeli startups raised a record USD 2.8 billion in March 2021, almost doubling the previous monthly record of USD 1.44 billion, set in January. Erdinast, Ben Nathan, Toledano & Co. represented More [...]
While the Israeli election remains uncertain, there is no doubt that the trend of SPAC transactions shows no sign of slowing. This past week, we saw Meitar and Erdinast Ben Nathan Toledano & Co. continue to advise on SPACs. Meitar advising ironSource on its SPAC merger, valuing the merged company at a whopping USD 11 billion, EBN acted for [...]
As we step towards Passover, it has been a SPACtastic week again in Israel. While Herzog, Fox & Neeman acted for PLAYSTUDIOS in huge SPACmerger in mobile gaming sector, Meitar advised Israeli fintech company, eToro on a record-breaking merger via another SPAC by FinTech Acquisition Corp. V represented by Gornitzky & Co. While their valuations surged [...]
As we race into March and hope springs up, yet another Israeli company joined the Unicorn Club –Axonius, which recently completed a USD 100 million Series D funding round, giving the company a valuation of over USD 1 Billion. Both Greenberg Traurig, LLP and Goldfarb Seligman advised. There were twin acquisitions for Bryan Cave Leighton Paisner LLP to [...]
Last Friday (February 19th), President Biden recommitted theUnitedStates to the Paris Climate Agreement. Climate change and renewable energy are firmly back on the map. With UK Prime Minister Boris Johnson looking to “turn Britain into the Saudi Arabia of wind” and Israel building some of the most cutting-edge solar farms in the world, we explore the current state of play [...]
As we head towards Valentine’s Day, there is a lot of love still in the air for the SPAC. Israeli digital payments company Payoneer is set for a $3.3B value SPAC merger, with Meitar acting as Israeli counsel, Davis Polk & Wardwell and Paul Hastings as regulatory counsel, while Morgan, Lewis & Bockius represented FTAC Olympus Acquisition Corp. There were key sales in [...]
