Fresenius Medical Care Ventures, the venture capital unit of Fresenius Medical Care, has invested $2 million in the Series B financing round for Vectorious Medical Technologies (“Vectorious”).
Roni Abelski, partner in the hi-tech and start-ups department and head of German desk, led the team with Itamar Lev.
For media coverage, please click here.
ERM has represented Kape Technologies PLC, Teddy’s Sagi cyber security company, on its USD 16 million acquisition of the entire issued share capital of Neutral Holdings Ltd trading as Intego (“Intego”), a leading Mac and iOS cybersecurity and malware protection SaaS business.
Asaf Rimon, partner in the corporate and M&A department and Galit Farkash led the team.
For media coverage of the deal in Hebrew, please click here.
ERM Partners Nimrod Rosenblum, Head of Corporate M&A, and Asaf Rimon, Energy & Infrastructure, had the pleasure of speaking in Hong Kong at the ‘China Investment in Israel’ seminar about Israeli market trends and investment opportunities held on Wednesday July 11th 2018. The audience was a mix of China and Hong Kong based banks, venture capital funds and energy companies. A big thank you to our friend Louis Rabinowitz and his team at Latham & Watkins for organizing the event.
ERM has represented Maverick Ventures in the sale of Precog to the German company Samson. Maverick Ventures is the sole investor in Precog.
Natalie Noy, partner and head of hi-tech and start-ups at our firm, led the team which included Guy Kofman.
For media coverage of the investment, please click here.
ERM is pleased to announce that the real estate department of Zahavi Blau & Co. merged into the firm. This merger will position ERM’s real estate department as one of the leading real estate departments in Israel.
This is a merger between a firm with more than 40 years of experience and young and dynamic law firm that brings new energies to the real estate industry in Israel.
For further information, please click here.
ERM has acted for the second fund of Maverick Ventures (Israel) II LP in a Series B investment round in Orasis Pharmaceuticals. Maverick Ventures co invested along with Sequoia Capital, Visionary Venture Fund, SBI JI Innovation, LIFESCI 100 Plus Management Partnerships. Orasis pharmaceuticals raised in total approximately $13,000,000 million.
The ERM team was led by Adv. Natalie Noy, partner head of our Hi-Tech practice and Adv. Raz Mechalovich.
For media coverage of the investment, please click here.
ERM has represented Access Point Fund (formerly TFRG) in a NIS 45million loan agreement to Effi Capital for the construction of a multipurpose real estate project at Bet-Shemesh. The project will include 300 residential units and commercial units. The fund will provide 80-85% of the shareholders’ equity that will be required to purchase the rights in the land from the Israel Land Authority and to execute the project.
Gilad Maoz and Erez Gurion, partners in our real estate, urban renewal and Hotels department led the team that included associate Roni Shema-Rimon and Yaara Libay (Trainee).
ERM represented The Mivneh Group in the sale of a NIS 11 million commercial asset at the Atarot Industrial Zone in Jerusalem. This is the 5th deal in which ERM represents The Mivneh Group this year.
Erez Gurion, partner in the Real Estate and Urban Renewal practice at ERM, led the team that included Naama Irony (Associate) and Zvi Zavner (Trainee).
ERM has acted for Mishkei Renewable Energies, the renewable energy arm of the Kibbutzim Organisation (one of Israel’s strongest energy players) for the construction, operation and financing of power plants in Kibbutz Ein Tzorim and Tarabin, a Bedouin settlement. The cooperation with Clal Insurance, who acted as lender on the NIS 100 million loan for the project, is expected to continue for future projects that shall be constructed within the competitive process published by The Electricity Authority.
Amnon Epstein, partner and Head of our energy and infrastructure department and associate Eran Ifargan led ERM’s team.
For media coverage of the deal in Hebrew, please click here.
ERM is proud to have represented Karamba Security in a $USD 10 million debt funding from Silicon Valley based venture debt firm – Western Technology Investment (WTI). This brings the total investment in Karamba Security to $27 million.
ERM has represented Karamba Security since its incorporation in 2016. Karamba Security is widely regarded to be one of Israel’s most promising startups, with innovative cyber security products geared toward the automotive, medical devices and IoT industries.
Nimrod Rosenblum, Head of our Corporate/M&A department led the team that included ERM partner Itai Yonai and associates Galit Farkash and Lev Rich.