Migdal (company)

ISF Raises $312 Million for a 3rd Secondary Fund Focusing on the Israeli High-Tech Market

Retrieved on: 
Monday, June 13, 2022
Financial management, CFO, Initial public offering, ISF, Policy, Evergreen, WSC, Investment, Glass, Samsung, Growth, SolarEdge, Tel Aviv University, Technology, TEL, Bank Hapoalim, Migdal (company), Israel Corporation, Fund, General partnership, Financial services, Security (finance), Bank, Vertex, Mervin F. Verbit

The Fund is backed by major institutional investors from Israel, Europe, and the U.S.

Key Points: 
  • The Fund is backed by major institutional investors from Israel, Europe, and the U.S.
    TEL AVIV, Israel, June 13, 2022 /PRNewswire/ -- ISF (Israel Secondary Fund) announced today that it has raised its 3rd fund totaling 312 million dollars.
  • In 2017, ISF raised its 2nd fund of 100 million dollars and currently manages over half a billion dollars focused on secondary transactions in the Israeli technology market.
  • ISF (Israel Secondary fund) is a leading technology-focused secondary fund headed by Dror Glass, Nir Linchevski, and Eva Hubsman.
  • Nir Linchevski, a Managing Partner at ISF, adds: "ISF has played a crucial role in Israel's secondary market evolution.

ISF Raises $312 Million for a 3rd Secondary Fund Focusing on the Israeli High-Tech Market

Retrieved on: 
Monday, June 13, 2022
Financial management, CFO, Initial public offering, ISF, Policy, Evergreen, WSC, Investment, Glass, Samsung, Growth, SolarEdge, Tel Aviv University, Technology, TEL, Bank Hapoalim, Migdal (company), Israel Corporation, Fund, General partnership, Financial services, Security (finance), Bank, Vertex, Mervin F. Verbit

The Fund is backed by major institutional investors from Israel, Europe, and the U.S.

Key Points: 
  • The Fund is backed by major institutional investors from Israel, Europe, and the U.S.
    TEL AVIV, Israel, June 13, 2022 /PRNewswire/ -- ISF (Israel Secondary Fund) announced today that it has raised its 3rd fund totaling 312 million dollars.
  • In 2017, ISF raised its 2nd fund of 100 million dollars and currently manages over half a billion dollars focused on secondary transactions in the Israeli technology market.
  • ISF (Israel Secondary fund) is a leading technology-focused secondary fund headed by Dror Glass, Nir Linchevski, and Eva Hubsman.
  • Nir Linchevski, a Managing Partner at ISF, adds: "ISF has played a crucial role in Israel's secondary market evolution.

viisights Secures $10 Million in Additional Funding

Retrieved on: 
Thursday, February 24, 2022
GLOBE, Entrepreneurship, Software as a service, Algorithm, City, Investment, CTO, Bullying, CPO, Safety, VP, BD, CAPEX, Machine learning, Dance, PSA, Migdal (company), Solution, CEO, Online gambling

These funds will expand marketing efforts and product enhancements to penetrate additional target markets, and initiate a new SaaS business model.

Key Points: 
  • These funds will expand marketing efforts and product enhancements to penetrate additional target markets, and initiate a new SaaS business model.
  • We anticipate that by the end of 2023 more than half of our company's revenue will come from SaaS services," said Asaf Birenzvieg, viisights CEO and Co-Founder.
  • viisights can extract much more information and insights from video content in real-time than any other company, delivering more value for end-users."
  • viisights offers its products through a growing network of strategic relationships with system integrators and sales channel partners.

To Accelerate Business Activities, GenCell Raises Some NIS 112.5 million from the Harel Group, Migdal Insurance, Meitav-Dash and Other Investors in a Private Placement of Shares

Retrieved on: 
Tuesday, January 18, 2022
TDK, Technology, Migdal (company), House, GenCell, Harel Group, CEO, Veteran, Acceleration, EV, ABB, NIS, Telecommunication, TASE, Company, Hydrogen, Ammonia, Organization, Transport, Deutsche Telekom, Renewable energy

PETAH TIKVA, Israel, Jan. 18, 2022 /PRNewswire/ -- GenCell Energy, (TASE: GNCL), a leading Israel-based developer of green energy solutions based on fuel cells employing hydrogen and ammonia to power is preparing to accelerate its activities.  To this end, the Company announces today that it has completed a significant raising of capital to the amount of approximately NIS 112.5 million to support the expansion of its business activities. The fundraising was carried out through a private placement of shares which constitutes approximately 10.4% of the company's capital (fully diluted), by a number of leading institutional entities in the Israeli capital market. Participants in the placement include the Harel Group which has become a stakeholder in the company and Migdal Insurance which has made an additional investment alongside other institutional investors.

Key Points: 
  • To this end, the Company announces today that it has completed a significant raising of capital to the amount of approximately NIS 112.5 million to support the expansion of its business activities.
  • Participants in the placement include the Harel Group which has become a stakeholder in the company and Migdal Insurance which has made an additional investment alongside other institutional investors.
  • GenCell delivers resilient, robust and weather-resistant backup power for utilities, telecom and other mission-critical applications which have been deployed in 22 countries.
  • GenCell Energy numbers more than 110 employees, including veterans of space and submarine projects.

To Accelerate Business Activities, GenCell Raises Some NIS 112.5 million from the Harel Group, Migdal Insurance, Meitav-Dash and Other Investors in a Private Placement of Shares

Retrieved on: 
Tuesday, January 18, 2022
TDK, Technology, Migdal (company), House, GenCell, Harel Group, CEO, Veteran, Acceleration, EV, ABB, NIS, Telecommunication, TASE, Company, Hydrogen, Ammonia, Organization, Transport, Deutsche Telekom, Renewable energy

To this end, the Company announces today that it has completed a significant raising of capital to the amount of approximately NIS 112.5 million to support the expansion of its business activities.

Key Points: 
  • To this end, the Company announces today that it has completed a significant raising of capital to the amount of approximately NIS 112.5 million to support the expansion of its business activities.
  • Participants in the placement include the Harel Group which has become a stakeholder in the company and Migdal Insurance which has made an additional investment alongside other institutional investors.
  • GenCell delivers resilient, robust and weather-resistant backup power for utilities, telecom and other mission-critical applications which have been deployed in 22 countries.
  • GenCell Energy numbers more than 110 employees, including veterans of space and submarine projects.

Doral LLC Acquired a 150 MW Solar Development Project in Macon County, Ga.

Retrieved on: 
Wednesday, December 22, 2021
Environment, Construction & Property, Finance, Other Energy, Utilities, Professional Services, Public Policy, Government, Energy, State, Local, Other Construction & Property, Income, Brenneman, PJM, Investment, Georgia Power, Industry, Migdal (company), Acquisition, Avangrid, NCAA Division III, Wind, Solution, CAISO, Tel Aviv Stock Exchange, Project, Business, MISO, SERC, Electricity, Renewable energy, County, ERCOT

Doral Renewables LLC (Doral) announced today that it has acquired Brenneman Solar Project from AVANGRID, Inc.

Key Points: 
  • Doral Renewables LLC (Doral) announced today that it has acquired Brenneman Solar Project from AVANGRID, Inc.
  • The Project is a nominal 150 MWac utility-scale solar photovoltaic development project in Macon County, GA.
  • During construction, the Project will pay tens of millions in wages and other local purchases, said Jon Baker, Director Project and Business Development at Doral.
  • Doral LLC (Formerly named Global Energy Generation LLC) was founded in 2019 as a joint venture between Doral Group and Clean Air Generation LLC.

Lightricks, Award-winning App Developer, Raises $130M Series D to Power Expansion and Champion Creator Economy Users

Retrieved on: 
Wednesday, September 22, 2021
Software, Technology, Photography, Audio, Video, Software as a service, Social media, IOS, Insight, Boost, Digital health, Insight Partners, Viola Ventures, Google Play, Google, Goldman Sachs, Scale, Culture, Software, Income, Shutterstock, Twitter, CEO, Growth, Migdal (company), Agtech, Technology, Creativity, Apple, Investment, TEL, Industry, Individual, Creative industries, Video game, Public relations

Lightricks , creator of the world's leading photo and video editing apps including Facetune2 , Facetune Video , and Videoleap , today announced $130M in Series D funding.

Key Points: 
  • Lightricks , creator of the world's leading photo and video editing apps including Facetune2 , Facetune Video , and Videoleap , today announced $130M in Series D funding.
  • Lightricks raised this strategic Series D to power the expansion of its suite of tools and offer more features and services for creators, further cementing its position as a leading player in the booming creator economy.
  • The rise of the creator economy has only exacerbated the need of mobile users to streamline the content creation and monetization processes.
  • With this latest funding, were able to help elevate our users' creativity and capabilities with continued advancements to our technology and offering.

Doral Renewables LLC (formerly named Global Energy Generation LLC) Appoints Evan Speece as Chief Financial Officer

Retrieved on: 
Thursday, September 16, 2021
Accounting, Manufacturing, Professional Services, Other Energy, Utilities, Alternative Energy, Environment, Insurance, Energy, Engineering, Finance, Wind, Capital market, Business, Treasury, History of Duke University, BS, CEO, Migdal (company), Tel Aviv Stock Exchange, Natural gas, VP, Company, CFO, Duke University, Fuqua School of Business, Clean Energy Finance Corporation, Clearway, Risk management, Solution, Doral, Accounting, Financial adviser, Renewable energy

Doral Renewables LLC (Doral LLC), a developer and operator of clean energy generation assets, welcomes Evan Speece as Chief Financial Officer (CFO).

Key Points: 
  • Doral Renewables LLC (Doral LLC), a developer and operator of clean energy generation assets, welcomes Evan Speece as Chief Financial Officer (CFO).
  • He also has significant expertise in tax, accounting, financial reporting, treasury and risk management within the renewable generation industry.
  • Mr. Speece earned a BS in Finance and Accounting from Boston College and an MBA in Energy Finance from Duke University's Fuqua School of Business.
  • In June, Doral Renewables LLC closed on a $355 million transaction with Migdal Insurance as an investor partner.

Former Israeli Mossad Chief, Yossi Cohen, Appointed as Director at Doral Renewables LLC

Retrieved on: 
Friday, September 3, 2021
Other Energy, Insurance, Utilities, Oil, Gas, Finance, Coal, Nuclear, Public Policy, Government, Alternative Energy, Banking, Energy, Professional Services, Environment, Other Policy Issues, Acquisition, Migdal (company), Tel Aviv Stock Exchange, Solution, Climate, Investment, Industry, Goal, Growth, Israel Prize, Mossad, Renewable energy

Mr. Yossi Cohen, former Head of Israeli Mossad, the national intelligence agency of Israel , was appointed today as a Director at Doral Renewables LLC (Doral LLC), the U.S subsidiary of Doral Group, a leading Israeli renewable energy developer.

Key Points: 
  • Mr. Yossi Cohen, former Head of Israeli Mossad, the national intelligence agency of Israel , was appointed today as a Director at Doral Renewables LLC (Doral LLC), the U.S subsidiary of Doral Group, a leading Israeli renewable energy developer.
  • Dori Davidovitz, Chairman of Doral Group: We are proud of the appointment of Yossi Cohen, Former Mossad chief and Israel Prize winner, as a Director at Doral LLC.
  • Doral LLC (Formerly named Global Energy Generation LLC) was founded in 2019 as a joint venture between Doral Group and Clean Air Generation LLC.
  • The management team of Doral LLC includes experienced multidisciplinary individuals who have worked together for several years in the renewables industry.