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 USD 3.51 Billion in 2020 – the best year ever for VC fundraising. Meanwhile, Taylor Wessing in partnership with the British Embassy in Israel, is to launch The VC Club to increase the UK’s market share in investments in Israeli startups and to help Israeli investors identify exciting opportunities in the UK. IFLR1000 Women Leaders 2021 identifies 20 Israeli lawyers.
This past week, Agmon advised Delek Drilling as it plans to restructure and list on the London Stock Exchange. In other global news, Bryan Cave Leighton Paisner acts for Israeli state-owned Rafael Advanced Defense Systems on a breakthrough JV with Abu Dhabi-based technology company Group 42, H-F & Co. advised Israeli-US universal data storage solutions company VAST Data on its latest Series D financing round at a company valuation of USD 3.7 Billion, Goldfarb Seligman advised Israeli ag-tech startup Prospera as it was snapped up by U.S. firm Valmont for USD 300 million while Herzog acted for Super Group in a USD 4.75 Billion SPAC deal with Sports Entertainment Acquisition Corp!
Legally Israel is the weekly roundup of news, moves, events, and interviews with the key figures at domestic and global law firms – distributed for further coverage via our extensive network.