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Israeli agritech co Vertical Field headed for Toronto listing - Vimarsana News

Israeli agritech co Vertical Field headed for Toronto listing

Israeli agritech co Vertical Field headed for Toronto listing Vertical Field, controlled by Michael Mirilashvili, will be merged into an acquisition vehicle at a $100 million valuation. Yet another Israeli startup is making its way to an overseas listing. Ra'anana-based agritech company Vertical Field, developer of technology for growing produce in cities, will be traded on Canada's TSX Venture Exchange. This follows a merger with a CPC (capital pool company) a vehicle similar to a SPAC, a public company the aim of which is to find a company to acquire. Vertical Field has signed a letter of i...

AI genomics co NRGene raises NIS 100m in TASE IPO - Vimarsana News

AI genomics co NRGene raises NIS 100m in TASE IPO

AI genomics co NRGene raises NIS 100m in TASE IPO NRGene, which develops AI software solutions that analyze genomics big data to enhance plants and animals breeding, held the IPO at a company valuation of NIS 370 million. Israeli AI-based genomic company NRGene has completed its initial public offering (IPO) on the Tel Aviv Stock Exchange (TASE), raising NIS 100 million at a company valuation of NIS 370 million, after money. Leading Israel institutional bodies invested in the IPO. NRGene was founded in 2009 by CEO Dr. Gil Ronen and VP strategic accounts Guy Kol. The company's last financing r...