- TASE IPOUSD 18M — Parent company Airtouch Solar Ltd is listed on the Tel Aviv Stock Exchange (TASE) under code ARTS. Institutional placement raised NIS 61M, while the public phase raised approximately NIS 2M (with oversubscription of approximately NIS 30M), resulting in a post-money valuation of NIS 411M (including employee and service provider exercises). Underwriting was led by Poalim IBI, legal counsel Goldfarb Seligman, and auditor BDO. The company stated it will evaluate adding production bases in India. | Source: Airtouch Solar Official Press Release (March 2021) · Mercom India · EQ Magazine · Globes
- Private PlacementUSD 7M — Company announced completion of directed fundraising exceeding USD 7M, oversubscribed. Founder and Chairman Yanir Allouche stated funds will be used for business goals in 2021 and beyond; CEO Nick Lanir Brown stated it will be used to maintain technological leadership, expand production, and enter new markets. Part of raised funds invested in Indian market expansion. | Source: Airtouch Solar Official Press Release (2021-01-03, ir.airtouchsolar.com)
- Strategic InvestmentUSD 2M — Israeli listed energy company Meshek Energy invested USD 2M for 4% equity, becoming a strategic shareholder; prior to listing, signed a control agreement with Kibbutz Revivim (Negev kibbutz), with shareholders including Alpha Fund (managed by Gabi Dishi / Michael Weiss) and underwriter Poalim IBI. This page does not reverse-engineer overall valuation from the 4% consideration. | Source: Globes (en.globes.co.il, 2021) · Airtouch Solar prospectus disclosure
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