Wix campus

The leasing deal in which Fiverr (NYSE: FVRR) was to move to the Wix (Nasdaq: WIX) campus in Glilot has been canceled, "Globes" has learned. This brings the curtain down on one of the prominent office real estate deals for the Wix campus, after it was first revealed in "Globes" last year that Fiverr was in talks to lease space there. According to the original plan, Fiverr was supposed to lease about 4,500 square meters on the Wix campus, with an option for expansion in the future.

Wix president Nir Zohar says at a time when the tech industry is undergoing accelerated change due to the impact of AI, a shared presence in the office is of particular importance. Israeli website building company Wix.com Ltd. (Nasdaq: WIX) has instructed employees to return to the office full time - five days a week - from February 1, 2026.

European venture capital fund Mangrove Capital Partners is closing down its representative office in Israel, "Globes" has learned. Mangrove was founded in 2000 in Luxembourg and focuses on early stage investments in tech startups. The fund, which operates mainly in Europe and the US, began investing in Israel in 2011 and quickly became a prominent investor in the growth wave of local tech companies.