Millennium Food-Tech announces the floating of its first portfolio company, SavorEat, on the Tel Aviv Stock Exchange, according to a value of approx. NIS 212 million
Millennium Food-Tech will invest an additional $750 thousand in SavorEat at a 20% discount on the last round of financing in SavorEat which was made at a pre-money valuation of $35 million
Rapid unlocking of value in SavorEat for Millennium Food-Tech; SavorEat’s pre-money valuation rose to $35 million after the Mor Investment House and Meitav invested another $50.2 million in the company