The article belongs to the category:Deals & Cases

HIVE2040 R&D Ltd. Partnership has completed an IPO and invested in three target companies

July 2021

HIVE2040 R&D limited partnership, controlled by AVNON Group, has completed the first public offering (IPO) of its partnership units, together with a new series of warrants, raising NIS 32 million.

As part of the offering, the partnership completed an investment in three target companies – IXDen Ltd. , viisights Solutions Ltd., and NanoLock Security Inc. – in a total amount of approximately USD 9 million.

The IPO was accompanied by EBN’s Capital Markets Department, led by partners Moty Yamin and Hagar Guri, together with associate Ofir Saada.

The investment in the target companies was accompanied by the Hi-Tech department in our firm, led by partner Roy Caner together with associates Daniel Kelman and Bar Fenster and Intern Moataz Istaiti.

Click on Globes to read the full article in Hebrew.