Tom Livne, Eyal Waldman raising $200m for SPAC

Prior to now few weeks, Tom Livne, previously CEO of Verbit, has been conducting talks on elevating $200 million on Nasdaq for a SPAC (special-purpose acquisition firm) to be referred to as Iron Dome. Mellanox founder and former CEO Eyal Waldman and Dave DeWalt, founder and CEO of enterprise capital agency NightDragon, have already joined the board of the corporate. NightDragon is invested in a number of Israeli corporations, amongst them quantum computing know-how firm Classiq and operational know-how community safety firm Claroty. Regardless of its title, the SPAC is just not geared toward funding within the protection sector, however in a privately-held Israeli firm in cybersecurity or synthetic intelligence.

Izhar Shay’s SPAC finds new acquisition goal

The SPAC development light in 2022, however is making a gradual comeback within the know-how markets in Israel and the US. In current months, Israeli founders have launched a number of SPACs in New York. Menachem (Menny) Shalom, controlling shareholder within the Kochav group, raised $150 million for a corporation referred to as SC II Acquisition Corp. (Nasdaq: SCIIU) that goals to amass an Israeli defense-tech firm, and Avi Katz, who heads the SPAC group GigCapital World, raised a $253 million fund, and is at present within the strategy of elevating an extra fund that may quantity to $220 million, and it too is meant for funding in an Israeli protection or cybersecurity firm. He has been joined by David Ben-Besht, former commander of the Israel Navy, and Avi Mizrahi, former commander of IDF Central Command.

Earlier this yr, Izhar Shay and Ziv Elul’s SPAC Israel Acquisitions Corp (Nasdaq: ISRLW) introduced the acquisition of Israeli drone supply know-how firm Gadfin. US firm Ondas (Nasdaq: ONDS), though it’s not a SPAC, operates as a holding firm that acquires Israeli protection corporations.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on December 16, 2025.

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