Covid-19 taught us anything is possible, admit Israeli VC executives. We ended up having a record year in which we invested in more startups than ever before, said Pitango s Eyal Niv. Read more
Binah.ai launches ‘Binah Team,’ helping companies with employee wellbeing. The app is available on iOS, Android, and Windows in 12 different languages to help combat stress and anxiety. Read more
HR Post Covid | Salt Security: Covid-19 showed us the true meaning of teamwork. The company experienced 200% growth and secured two funding rounds - all in the middle of a pandemic. But how? Read more
Big-Tech 50 R&D Partnership raises NIS 85 million in TASE IPO. Big-Tech 50 R&D aims to build a portfolio of the 50 biggest private tech companies in Israel, by purchasing existing shares from the company s current shareholders. Read more
Millennium Food-Tech raises another NIS 52m
The latest successful offering makes Millennium the largest R&D Partnership on the TASE.
Within a few months of becoming a publicly traded company, Millennium Food-Tech (TASE: MIFT) has raised NIS 52 million in offerings from the public, making it the largest R&D Partnership on the Tel Aviv Stock Exchange (TASE). In total, the Partnership has so far raised about NIS 94 million, which it plans investing in food-tech companies. Millennium s first portfolio company SavorEat (TASE: SVRT), held its initial public offering two weeks ago, and the share has since recorded returns of tens of percentage points. Institutional investors took part in the public offering and since then Psagot Gemel has become a party at interest in the company.