Galileo Tech Ltd announced that it expects to receive ILS 2 million in funding
January 27, 2019
Share
Galileo Tech Ltd announced a private placement of 2,000,000 common share for gross proceeds of ILS 2,000,000 on January 27, 2019. The shares does not have par value and are subject to hold period. The transaction will include participation from 3 investors that shall invest in equal proportions.
Galileo Tech Ltd, formerly WTP Israel Waste To Products Ltd, provides human capital management technology and professional services. The Company activities in Israel focus primarily on testing and screening staff, recruitment and placement as well as organizational consulting services. The international activities focus on the sale of software developed by the company, combined with organizational consulting services.