Landa’s Nanographic Ink Worth $1B; Seeking $150-$200 Million in Financing

High-tech industrialist Benny Landa is set to raise capital for his company, Landa Corp, which develops Nanographic print technology. Landa will attempt to raise $150-$200 million based on a market cap of $800 million to $1 billion, Calcalist (Israeli daily newspaper) has learned.

Landa will be leaving for London next week, where he will hold a series of meetings with a number of investment banks to select the bank which will underwrite the offering. Landa prefers to keep the company in private hands hence will not hold an IPO. Rather, he will raise capital from foreign institutional and private investors.