Advs. Peter Sugarman and Guy Lachmann represented CropX in its $9M Series A investment round and corporate restructuring, following which CropX New Zealand was re-domesticated as an Israeli parent corporation. The transaction involved investment by top-tier international AgTech VCs, including Finistere Ventures, Innovation Endeavors, GreenSoil and OurCrowd. CropX is an ag-analytics company that has developed an advanced adaptive irrigation service, which automatically optimizes irrigation, thereby delivering dramatic crop yield increase and water and energy cost savings to farms.
Yigal Arnon & Co. represents TechnoArt - Israel's first and only incubator for technology entrepreneurs engaged in culture and arts. TechnoArt will assist entrepreneurs to develop business models that allow the existence and promotion of artists and investors as well. The firm provides TechnoArt with legal services, as well as training and consulting.
Yigal Arnon & Co. sponsored the GoMobile 2015 conference, one of the major conferences in the field of mobile in Israel. Adv. Zachi Zach lectured on "Legal Exposures in Mobile Marketing".
Advs. Adrian Daniels and Avi Anouchi represented Taykey, an Israeli startup, in its $15 million equity financing round. Participants in the round included new investors, Innovation Endeavors and MSR Capital, as well as existing investors Tenaya Capital, Marker LLC, Sequoia Capital, and SoftBank Capital.
Adv. Avi Anouchi represented Kaminario, an Israeli company which provides enterprise software for dynamic workflow, case management and work optimization solutions, in its $53 million equity financing round. The company's current investors participated in the round, including Sequoia Capital, Pitango Venture Capital, Tenaya, Globespan, and Mitsui, together with new investors Silicon Valley Bank, the Lazarus hedge fund, and a large public company that preferred to remain anonymous.
Advocates Barak S. Platt, Ben Sandler, Ofir Levy, Daniel Green, Eli Greenbaum and Nimrod Vromen represented Clarity Ray, an Israeli startup company developing tools helping publishers and networks identify and prevent ad-fraud, in its acquisition by Yahoo!.
Adv. Kobi Ben Chitrit and Liron Hacohen represented the Company's lead investor, Mr. Saar Wilf.
Clarity Ray's employees will be used by Yahoo! to form its new local R&D hub focusing on internet search frauds.
The event took place on May 13, and is one of the biggest start-up conferences in Israel. Spoke in the event, among others: Uri Levine Co-Founder at Waze and Founder and Chairman at Feex, Avishai Abrahami, Co Founder at Wix, Shahar Waiser, Founder at GetTaxi, Jonathan Medved, Founder & CEO at OurCrowd, Dr. Yossi Vardi, Aaron Harris, Partner at Y Combinator and Boris Veldhuijzen van Zanten, Founder at The Next Web. The event also included a start-up competition, the TLV Startup Challenge, in which Adv. Zachi Zach from the firm was one of the judges.
Our firm sponsored the kickoff event of the new FinTech Aviv initiative, Israel's new forum for financial technologies innovators, investors, entrepreneurs and professional experts. The event took place on Sunday, May 11, 2014 and included a key-note speech by Yoni Assia, CEO eToro and presentation by 5 new fintech star startups.