Ehud Olmert joins Israeli cannabis co Univo

Former Israeli Prime Minister Ehud Olmert is joining Israeli medical cannabis company Univo Pharmaceuticals Ltd. (TASE: UNVO) as an investor and professional advisor, the company has announced. Since the start of the year, Univo has…

Africa Israel buys Ramat Gan boutique hotel

Africa Israel Hotels, owned by the Dayan family, has acquired Hotel Indigo, a boutique hotel in Ramat Gan, for NIS 115 million. The hotel, most of whose guests are businesspeople visiting the office districts in…

Altshuler Shaham mulls IPO for pension activities

The Altshuler Shaham investment house, managed by co-CEOs Gilad Altshuler and Ran Shaham, is considering an IPO for the provident and pension fund that it controls. Yair Lowenstein, CEO of Altshuler Shaham Provident Funds and…

Israeli AI fintech co Pagaya raises $25m

Israeli fintech company Pagaya has raised $25 million in a Series C financing round only six months after raising $14 million. The company has raised a total of $45 million to date. Pagaya manages investments…

Indias Lohia Group buys Israeli defense co Light…

Light & Strong specializes in aerospace and military carbon fiber and glass fiber composite components production. India's Lohia Group has entered the aerospace and defense sector by acquiring Israeli composite company Light & Strong Ltd.…

Fiverr hires US banks ahead of IPO –…

Israeli online marketplace for freelancers Fiverr has hired investment banks Citigroup and JPMorgan Chase to manage a Wall Street IPO, "Bloomberg" reports, according to people familiar with the matter. "Bloomberg" reports that Tel Aviv-based Fiverr…

Indias Lohia Group buys Israeli defense co Light…

Light & Strong specializes in aerospace and military carbon fiber and glass fiber composite components production. India's Lohia Group has entered the aerospace and defense sector by acquiring Israeli composite company Light & Strong Ltd.…

Home urine test co Healthy.io raises $18m

Healthy.io, which has developed a self-administered home urine test for diagnosing kidney disease that is analyzed using a smartphone, has raised $18 million in series B funding. The funding round was led by Aleph, with…