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CTech's Monday Roundup of Israeli Tech News

Technion suing senior professor for 50% of his company stake; Enlight Renewable Energy closes stock offering with $62 million committed

CTech 15:4022.04.19
Technion suing senior professor for 50% of his company stake. Computer Science Professor Eli Ben-Sasson founded a blockchain company with his PhD candidate. Now, the Technion is claiming the company’s intellectual property as its own. Read more 
Technion's Haifa campus. Photo: Technion Technion's Haifa campus. Photo: Technion

 

Enlight Renewable Energy closes stock offering with $62 million committed. On Tuesday, Enlight announced it is in talks to acquire a 100% stake in a wind energy venture in northwest Europe. Read more

 

Israeli Supermodel Bar Refaeli to pay evaded taxes for earnings of $4.5 million. The Israeli model has been under investigation by the Israeli tax authority since 2015, suspected of falsely reporting she was living outside of Israel to evade taxes. Read more 

 

German submarine maker ThyssenKrupp hires Israeli crisis management firm. ThyssenKrupp became a household name in Israel thanks to a police probe examining possible misconduct related to the purchase of submarine and warship from the conglomerate. Read more

 

EIF, Peninsula Growth sign NIS 300 million agreement to finance Israeli companies. Under the agreement, Israeli companies in the domains of technology, industry, and services will be eligible for credit enhancement services and financing under favorable terms. Read more

 

Israeli boutique hotel chain buys NIS 100 million development in Tel Aviv’s south. Brown Hotels is planning to open a 190-room hotel on Tel Aviv’s Salame Street. Read more 

 

Drone vision startup Sightec raises $2 million. Sightec develops an artificial intelligence and computer vision-based spatial navigation system for fully or partially autonomous aerial vehicles. Read more
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