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Commercial news from Israel - 28th May 2024
May 28, 2024Accel raises new $650 million fund to invest in Israeli and European startups The VC giant has invested to date in over 30 Israeli startups, including Melio, Snyk, and Fiverr in the past, and Cyera and Oasis since the start of the war.
I believe that sooner, rather than later, a ceasefire will come. The Middle East will face stability and rehabilitation in Gaza, a new order on the Israeli border with Lebanon and, the most important event for the area and the world, a normalization agreement between Saudi Arabia and Israel. There is much to wait for.
This week, my Hebrew post discusses REACH ISRAEL, a scale-up program of the investment arm Second Century Ventures, a technology fund for investing in early-stage companies with over 1.6 million members. You can read it on my FB, LinkedIn or I can send it to you.
A subsidiary of MISHORIM REAL ESTATE INVESTMENTS LTD has signed agreements for the sale of 8 Courtyard hotels, in the USA, for approximately $92 million.
BULIGO CAPITAL LTD is buying two logistic assets in Texas. W. Crosby and Harry Hines.