MILAN – Feb. 16, 2023 – Greenberg Traurig Santa Maria advised Neva S.G.R., the venture capital company of the Intesa Sanpaolo Group (Italy's biggest bank), in its investment through the Neva First Fund in CoreTigo, a highly innovative Israeli company, world leader in the revolution of wireless deterministic communications for industrial automation, a key area of Industry 4.0.
The deal is part of Intesa San Paolo's investment strategy in the Israeli innovation ecosystem, with the aim of connecting the Italian manufacturing industry with the country's leading new technology initiatives, such as CoreTigo.
The deal was managed by a cross-border team lead by Shareholder Pietro Caliceti of the Milan office, and which included Israeli Shareholder Joey Shabot, and Of Counsel Ephraim Schmeidler, together with U.S. Shareholders Cyril Brennan and Marina Olman-Pal and Associate Gloria R. Melunis.
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