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Sure-Tech R&D Partnership raises NIS 26m in TASE IPO Sure-Tech R&D Partnership for investment in insurtech and fintech has raised NIS 26 million, including NIS 5 million from the general partnership, in its Initial Public Offering (IPO) on the Tel Aviv Stock Exchange (TASE). Sure-Tech CEO Ran Tzror said, "We are setting out on a partnership whose declared aim is to make quality investments in startups in the fintech and insurtech sectors in Israel accessible to the investing public. I believe in the ability of the team that we have formed to make good deals that will bring value for investors...

Sure-Tech R&D Partnership plans raising NIS 36m in TASE IPO The insurtech R&D partnership has already invested in two companies: AI risk assessor Vesttoo and AI and machine vision property insurer GEOX. Israeli insurtech Sure-Tech Investments R&D Partnership plans to raise up to NIS 36 million in an Initial Public Offering (IPO) on the Tel Aviv Stock Exchange. The Partnership is committed to purchasing 20% of the final offering that will be set - at least NIS 25 million and it will invest between $1 million and $4 million in each target insurtech company. Sure-Tech Partnership is seeking to t...

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...

Millennium Food-Tech raises another NIS 52m The latest successful offering makes Millennium the largest R&D Partnership on the TASE. Within a few months of becoming a publicly traded company, Millennium Food-Tech (TASE: MIFT) has raised NIS 52 million in offerings from the public, making it the largest R&D Partnership on the Tel Aviv Stock Exchange (TASE). In total, the Partnership has so far raised about NIS 94 million, which it plans investing in food-tech companies. Millennium's first portfolio company SavorEat (TASE: SVRT), held its initial public offering two weeks ago, and the share has...