Menora Mivtachim Holdings Ltd.

www.menoramivt.co.il

Institutional Investor
Public Company

(TASE: MMHD)

Tech Verticals Preferences

Biotechnology, Content Delivery Platform, Cyber Security, Digital Health, e-Commerce, Energy Tech, Enterprise Applications, FinTech, Hardware, Healthtech, Image & Audio, Industrial Technologies, Insurtech, Internet Applications, MedTech, Memory & Storage, Mobile Applications, Security, Wireless Infrastructure

General Data

Established	1935
Current Active Portfolio Companies:	28
Reg. Number:	abCDe

DESCRIPTION

Menora Mivtachim Holdings Ltd. is one of Israel's five largest insurance & finance groups. The group specializes in asset management, manages the largest pension fund in Israel - ‘New Mivtachim', and is the largest General Insurer in Israel and the market leader in Motor Insurance sector.
The group operates through its subsidiaries, in all sectors of Life Insurance, Long/Mid/Short -Term Savings, General Insurance and Health Insurance. In addition, the group is active in the capital markets and finance sectors, including Mutual Funds Management, Financial Portfolio Management, Underwriting and worldwide real estate investments.
Among the group's financial activities, it invests in Israeli VC and Private Equity Funds and high-tech companies.

AFFILIATION

Account ID	Affiliation Type	Name	Parent Name	Status
DD7DE34A-207A-E111-AC59-00155D32A403		Menora Mivtachim Holdings Ltd.
6F092E81-B980-EB11-B809-00505695CD29	Accelerator	Intech by Menora Mivtachim	Menora Mivtachim Holdings Ltd.	Ceased
	Investment Arm	Menora Mivtahim Tech Ltd.	Menora Mivtachim Holdings Ltd.

REMARKS

Date	Remark
01/01/1935	Seed round by: Najaden Establishment (31.78%) Palamas Establishment (31.78%)

CONTACT INFO

Expand / Collapse All

Main Address: Ramat Gan, Israel

Address	23 Jabotinsky St.
City	Ramat Gan
Country	Israel
Zip	5251102

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Aharon Kalman	CEO, Menora Mivtachim Group
Mr. Lior Yochpaz	Chief Investment Officer
Mr. Yehuda Ben-Assayag	Chairman, Menora Mivtachim Insurance
Ms. Rona Lerer	Chief Compliance Officer
Mr. Jeki Cohen	Head of Innovation, Menora Mivtachim Insurance	Intech by Menora Mivtachim (Director Of Innovation)
Mr. Ofir Reiner-Sigler	Head of Direct & PE Investments
Mr. Yariv Yourista	Head of Israeli Equity
Mr. Omer Schipper	Director of PE & Direct Investments
Mr. Avi Moshe	Direct Equity Investments Analyst
Mr. Yoel Goodman	Private Equity Analyst
Mr. Netanel Sarusi	Private Equity Analyst
Mr. Ruben Besserat	Private Equity Analyst
Ms. Raisa Shapiro	Private Equity Analyst
Mr. Ben Daminovich	Growth Venture Investor & Technology Analyst

Public Offerings

Deal Date	Type of Offering	Exchange	Amount Raise	Valuation	Remarks
Jan. 01, 1982	IPO	TASE	abCDe	abCDe

	R&D Grants

Expand / Collapse All

Round

Date

Stage

Amount

Remarks

R&D Grant

Jul. 01, 2024

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij*	Government Agency	abCDe

	Acquisitions made by Menorah Mivtachim

Acquired Company	Sector	Date	Amount	Remarks
abC Defghij	N/A	Jun. 16, 2012	abCDe

Investment Data

Capital Remarks

Managing assets amounting to some $90b.

Preferences

Type of Financing	Equity,Investments in Funds
Stage Preferences	Initial Revenues,R&D,Revenue Growth,Seed

SECTOR SEGMENTATION (By Number Of Companies)

Enterprise Software & Infrastructure

41%

Hardware & Industrial

22%

Biomed

11%

Digital Health

Energy

Consumer-Oriented Software

Network Infrastructure

Agritech

	PORTFOLIO COMPANIES

Current Portfolio Companies (28)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

abra

Ent. SW

PIPE

29/07/2020

N/A

$8m

Beewise

Agri

Fourth Round	12/06/2025	N/A	$50m
Third Round	30/03/2022	$7.2m	$80m

BioLight

N/A

PIPE

08/03/2007

N/A

$4.75m

Hold 13.12% of the company; If options materialize, will hold 15.3% of the company.

EasySend

Ent. SW

Second Round	16/11/2021	N/A	$50.5m
First Round	22/09/2020	N/A	$11m
Seed	28/10/2018	$1m	$5m

Energy Works

N/A

Straight Equity

30/11/2015

N/A

$300m

Faye

Ent. SW

Second Round	30/07/2024	N/A	$31m
First Round	23/05/2023	N/A	$10m

Get Fabric

Fabric is building an on-demand supply-chain that allows retailers to offer sustainable, 1-hour delivery service to their online customers. Its Micro-Fulfillment-Center is an urban, automated fulfillment solution that combines the benefits of local distribution with the economics of automated fulfillment, and is re-defining the way goods are fulfilled and delivered within cities. By utilizing a novel approach to this last-mile challenge, robotics and AI, Fabric allows its clients to offer true on-demand services, significantly reduce their operational costs and benefit from operational scalability.

HW & Indust.

Third Round

26/10/2021

$16.3m

$200m

HSO Group (First)

Dig. Health

First Round

01/09/2019

N/A

Kissterra

Ent. SW

First Round

15/07/2021

$48m

$66m

Lendbuzz

Ent. SW

Fourth Round	08/08/2022	$2.6m	$48.1m
Third Round	23/06/2021	$0.67m	$60m

MediSafe

Dig. Health

Third Round - Extended	09/03/2023	N/A	N/A
Third Round	17/02/2021	$3.3m	$30m

Mend.io

Ent. SW

Fifth Round - Extended	22/08/2024	N/A	N/A
Fifth Round	01/10/2022	$2.6m	N/A
Fourth Round	07/04/2021	$0.8m	$75m

Nostromo Energy

Energy

Second Round	01/08/2020	N/A	$12.5m
First Round	01/03/2018	N/A	$6.1m

NoTraffic

Network Infra.

Second Round	27/06/2023	N/A	$45m
First Round	18/04/2021	$4m	$17.5m

OncoHost

Biomed

Third Round

10/05/2022

$6.7m

$35m

Open Finance

CO SW

Seed - Extended

23/03/2023

N/A

Through Menora Mivtachim Tech Ltd.

Ormat Technologies

Energy

PIPE

04/08/2010

N/A

$142m

RP Optical Lab

HW & Indust.

Secondary Deal

29/12/2025

N/A

$72m

SciSparc

Biomed

PIPE

25/10/2007

N/A

$5.7m

Silentium

HW & Indust.

Fourth Round - Extended

15/06/2021

$5.5m

$20m

Silk

Ent. SW

Seventh Round

07/07/2021

$6m

$55m

StreamElements

Ent. SW

Second Round - Extended	13/09/2021	N/A	$56m
Second Round	17/03/2021	N/A	$35.26m
First Round	24/01/2019	N/A	$11.3m

TopGum

HW & Indust.

PIPE	21/01/2026	N/A	$18m
Secondary Deal	05/08/2025	$14.7m	$32.4m	NIS 50m
PIPE	24/07/2025	$15m	$30m	NIS 50m

Travelier

Ent. SW

Third Round - Extended	18/04/2024	N/A	N/A
Third Round	10/05/2022	$5.5m	$35m

TSG

TSG, a partner of choice for many leading enterprises, provides connected digital workflows, powerful analytics, applied intelligence, and real-time data to transform mission-critical operations of government agencies, military units, businesses, and industries. The company channels data to drive insights and action in all domains: intelligence, telecom, cyber, homeland security, defense, municipal, and healthcare. Helping you adapt to changing demands with agile technologies pushing the limits of what is possible.

Ent. SW

PIPE	13/01/2026	$9.5m	$61m	NIS 30m
PIPE	13/01/2026	$9.5m	$61m	NIS 30m
PIPE	29/10/2025	$23m	$32m	NIS 74.5m
PIPE	29/10/2025	$23m	$32m	NIS 74.5m

UVEye

HW & Indust.

Fourth Round - Extended	29/01/2025	N/A	$41m
Fourth Round	09/05/2023	N/A	$77m
Third Round	06/05/2021	$13.06m	$60m
Secondary Deal	06/05/2021	N/A	$3m

VBI Vaccines

Biomed

PIPE

05/11/2017

N/A

$71.9m

Velox

HW & Indust.

Fourth Round	28/03/2024	N/A	$14m
Third Round - Extended	24/08/2023	N/A	$12m
Third Round	01/08/2021	N/A	$33m

Current VC Fund Portfolio (79)

Fund Name

Fund Type

Date Announced

Amount

Remarks

Accelmed Partners

Private Equity Fund

15/12/2015

N/A

ALIVE Fund

Venture Capital Fund

01/07/2020

$25m

Alto Fund II

Private Equity Fund

01/02/2014

N/A

AMI Opportunities I

Private Equity Fund

27/11/2014

N/A

Apax

Private Equity Fund

01/01/1981

N/A

Arkin Bio Capital

Venture Capital Fund

27/10/2021

N/A

Aviv I

Venture Capital Fund

01/01/2002

N/A

Aviv II

Venture Capital Fund

01/01/2008

N/A

Beresheit Fund...

Private Equity Fund

01/01/2009

$119m

NIS450m

FIMI IV

Private Equity Fund

01/01/2007

N/A

FIMI V

Private Equity Fund

27/06/2012

N/A

FIMI VI

Private Equity Fund

03/02/2016

N/A

Fortissimo II

Private Equity Fund

01/10/2008

N/A

Fortissimo III

Private Equity Fund

01/07/2012

N/A

Fortissimo VI

Private Equity Fund

01/12/2022

$3.3m

Added 24.10.2023

Genesis IV

Venture Capital Fund

01/01/2008

N/A

Giza III

Venture Capital Fund

01/01/2000

N/A

Glilot Capital II

Venture Capital Fund

01/01/2015

N/A

Glilot Capital III

Venture Capital Fund

01/01/2019

N/A

Glilot Capital IV

Venture Capital Fund

01/03/2022

N/A

Glilot Plus I

Venture Capital Fund

12/01/2021

N/A

Greenfield Partners...

Venture Capital Fund

15/06/2023

N/A

1.10.2024

Group 11

Venture Capital Fund

17/03/2021	N/A
01/01/2019	N/A

Hanaco Growth III

Venture Capital Fund

01/01/2022

N/A

Helios Funds (I+II)

Private Equity Fund

24/11/2013

N/A

Infinity I-China

Venture Capital Fund

01/01/2006

N/A

Israel Biotech Fund...

Venture Capital Fund

23/10/2015

N/A

KCPS Manof

Private Equity Fund

01/01/2009

N/A

Klirmark...

Private Equity Fund

01/01/2009

N/A

lool I

Venture Capital Fund

01/01/2011

N/A

lool II

Venture Capital Fund

01/03/2017

N/A

Manor Evergreen Fund

Private Equity Fund

01/07/2023

N/A

Medica II

Venture Capital Fund

01/01/2000

N/A

Medica III

Venture Capital Fund

01/01/2005

N/A

Neurone II

Venture Capital Fund

01/01/2000

N/A

Noy Fund

Private Equity Fund

01/05/2011

$20m

15%

Noy Fund II

Private Equity Fund

01/01/2015

N/A

Pereg Ventures

Venture Capital Fund

12/12/2012

N/A

Peregrine Growth

Venture Capital Fund

01/07/2020

N/A

Peregrine III

Venture Capital Fund

01/09/2015

N/A

Peregrine IV

Venture Capital Fund

01/01/2019

N/A

Poalim Medica III

Venture Capital Fund

01/06/2005

N/A

Pontifax I

Venture Capital Fund

01/01/2004

N/A

Pontifax II

Venture Capital Fund

01/01/2007

N/A

Pontifax III

Venture Capital Fund

01/10/2011

N/A

Pontifax IV

Venture Capital Fund

14/12/2015

N/A

Pontifax V

Venture Capital Fund

01/01/2018

N/A

Pontifax VI

Venture Capital Fund

11/08/2020

N/A

Reality Fund III

Private Equity Fund

01/04/2015

N/A

SCP Vitalife...

Venture Capital Fund

01/01/2007

N/A

Shaked Partners I

Venture Lending Fund

01/08/2016

N/A

SKY (Private Equity...

Private Equity Fund

01/06/2005

N/A

SKY III

Private Equity Fund

04/01/2017

$30m

SKY IV

Private Equity Fund

12/01/2022

N/A

SOMV Momentum

Venture Capital Fund

24/08/2021

N/A

StageOne II

Venture Capital Fund

01/01/2014

N/A

StageOne III

Venture Capital Fund

02/01/2018

N/A

StageOne IV

Venture Capital Fund

01/01/2022

N/A

StageOne Late Stage

Venture Capital Fund

01/01/2021

N/A

StageOne V

Venture Capital Fund

12/03/2026

N/A

State of Mind...

Venture Capital Fund

29/01/2015

N/A

State of Mind...

Venture Capital Fund

22/01/2018

N/A

State of Mind...

Venture Capital Fund

01/08/2021

N/A

Tene I

Private Equity Fund

01/12/2004

N/A

Tene II

Private Equity Fund

01/07/2006

N/A

Tene III

Private Equity Fund

04/09/2013

$30m

Tene IV

Private Equity Fund

11/09/2017

N/A

Veritas Capital

Private Equity Fund

23/12/2024

$50m

Vintage Fund of...

Fund of Funds

01/01/2009

N/A

Vintage Growth Fund...

Venture Capital Fund

01/01/2012

N/A

Vintage Growth Fund...

Venture Capital Fund

28/01/2015

N/A

Vintage Secondary...

Secondary Fund

01/01/2003

N/A

Vintage Secondary...

Secondary Fund

01/01/2007

N/A

Vintage Secondary...

Secondary Fund

01/01/2018

N/A

Viola Credit ALF III

Venture Lending Fund

01/08/2024

N/A

1.10.2024

Viola Credit II

Venture Lending Fund

01/01/2005

N/A

Viola Credit III

Venture Lending Fund

01/01/2007

N/A

Viola Credit...

Private Equity Fund

01/01/2006

N/A

Vitalife I

Venture Capital Fund

01/01/2001

N/A

Exits (14)

Company Name		Exit Type	Date Announced	Amount	Remarks
abC Defghij (Holding Company)		IPO	01/02/1992	abCDe
abC Defghij		Acquired	26/07/2025	abCDe	The total value of the acquisition could grow to $250m, contingent on Cynerio achieving specific milestones. As part of the acquisition deal, RDC received 0.6% of Axonius' shares.
abC Defghij	$DigitalOwl is a leading InsurTech platform transforming complex medical data into actionable insights for insurance and legal professionals. Powered by proprietary AI, it streamlines medical record analysis, eliminating manual reviews and enabling faster, more accurate risk assessments. The platform organizes data chronologically, allowing users to easily filter by medical condition, date, or body system, delivering a complete medical history in a fraction of the time.$	Acquired	25/09/2025	abCDe
abC Defghij (Incubator)		IPO	07/12/2005	abCDe	Convertible notes and warrants. 05/2018: Delisted.
abC Defghij		Acquired	24/02/2026	abCDe	In stock.
abC Defghij		Acquired	08/08/2017	abCDe
abC Defghij		IPO	01/08/2014	abCDe	Including Green Shoe Option ($132m).
abC Defghij		Acquired	09/10/2025	abCDe	Acqui-hired by Amazon's Annapurna Labs.
abC Defghij		Acquired	09/02/2026	abCDe	Acquihire. Estimated amount: $70m.
abC Defghij		Acquired	14/03/2024	abCDe
abC Defghij		Acquired	04/11/2025	abCDe
abC Defghij		IPO	12/09/2025	abCDe	The IPO included shares sold directly by the company and shares sold by existing shareholders. The total amount received for all shares was $493m. The company earned $329m.
abC Defghij (Incubator)		Acquired	18/11/2021	abCDe	NIS 48m; Valuation NIS 196m
abC Defghij (Incubator)		IPO	16/11/2006	abCDe	11/2021: Delisted from TASE following the acquisition by Centaurus Investments.

Historic Portfolio (10)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

ART PE

N/A

Investment in Fund

01/01/2006

N/A

Believer Meats

Suspendeed Operations

Agri

Second Round	12/12/2021	$34.2m	$347m
Bridge	01/02/2021	N/A	$26.75m

FIMI II

N/A

Investment in Fund

01/01/2002

N/A

$200m

Fortissimo I

N/A

Investment in Fund

01/04/2004

N/A

$80m

FriCSo

Ceased to Operate

Energy

Second Round

06/06/2006

N/A

$5m

Markstone I

N/A

Investment in Fund

01/06/2004

$10m

$786m

PNV

N/A

Investment in Fund

01/01/2002

N/A

SKY I

N/A

Investment in Fund

01/01/2005

N/A

$120m

Sproutt (Aktibo)

Ceased to Operate

Ent. SW

Second Round

03/06/2021

$3.9m

$26m

Vertex II

N/A

Investment in Fund

01/01/2000

N/A

$160m

Last Updated:	abCDe
IVC Number:	abCDe