Legally Israel – News Roundup January 14th 2022

Another fast paced week in the startup nation, with Herzog Fox & Neeman acting for Vietnamese investor in Fast-charging battery startup StoreDot, as it hits USD 1.5 billion valuation in recent financing round. Shibolet act for construction and infrastructure company, Danya, as it enters the air conditioning market. Naschitz, Brandes, Amir  act for longstanding client, Memed in USD 93 million round. Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron act for both parties – IEC and UK-based private equity firm Energy Growth, in an investment in Israeli start-up, EGM Ltd. Gornitzky & Co act in complex four-party merger the payments sector to form a single company – Hyp.

In other news, summarizing 2021, Japanese investments in Israeli start-ups reach record USD 2.9 billion in 2021. Gilad Majerowicz, a partner and head of the Japan Practice at Herzog Fox & Neeman, shared his insights on the topic. The Israeli 2021 Tech Review Report by IVC Data and Meitar  was published, covering all Exits, Unicorns, Financing Rounds IPO’s and more. Last, White & Case M&A Explorer reviews the deal making landscape from 2021 and provides an outlook for 2022.

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