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Dan smart transport investment unit files for TASE IPO
Dan Mobilitech has filed to raise NIS 36 million to invest in smart transport startups.
Dan Mobilitech R&D partnership for investments in the smart transportation industry has published a draft prospectus to raise NIS 36 million in an Initial Public Offering (IPO), on the Tel Aviv Stock Exchange (TASE).
The purpose of the partnership is to invest in startups in the fields of smart transportation and electric transportation.
Dan Group, led by CEO Ofir Karni, will serve as the strategic and financial anchor of the partnership. Dan possesses major experience and is highly proficient in operating public transport and is a leading player in smart transportation, and electric infrastructures for transportation in Israel. ....

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