SaverOne has raised funds in an IPO
June 2020 — SaverOne has raised funds to refinance the company for further development.
SaverOne offers an in-vehicle protection system designed to prevent accidents that result from texting while driving. The system prevents the driver from using texting applications while the vehicle is in motion, while leaving other passengers unaffected. SaverOne’s patent-pending technology combines RF, machine learning and signal processing to create a virtual canopy over the driver. SaverOne enables additional growth by providing synchronized vehicle and mobile parameters, creating an online big data platform.
Our role in the transaction
Oaklins’ team in Israel advised SaverOne and acted as the leader of the distributors’ consortium.
Talk to the deal team
Related deals
7BidCo has completed the sell-out procedure for the shares of STAR7
7BidCo S.p.A. has completed the sell-out procedure for 8.5% of STAR7 S.p.A.’s shares.
Learn moreAlba has completed a voluntary public tender offer for the shares of Borgosesia
Alba S.r.l. has completed a voluntary public tender offer for 100% of the shares of Borgosesia S.p.A.
Learn moreMoneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn more