Jewish Business News On Friday, May 7th, 2021

Israeli Insurance Company Migdal Invests $355 Million in $355 Million in Global Energy Generation Doral LLC

Doral Energy Solar Field in Israel (company pic) Migdal, an Israeli insurance giant, is expanding into the renewable energy business with an investment in the fellow Israeli firm Doral LLC. Migdal paid about More...

Jewish Business News On Friday, May 7th, 2021

Fintech Firm Global-e Looks Too $3.5 billion NASDAQ IPO

Global-e co-founders Amir Schlachet (from right), Shahar Tamari, and Nir Debbi. (Company PR pic) Israeli fintech startup Global-e is planning an initial public offering. The company submitted a revised F-1 filing More...

Jewish Business News On Friday, May 7th, 2021

Israel’s Simplex Fintech Firm Acquired by Nuvei for $250m Million

Simplex co-founders CEO Nimrod Lehavi (center), Chief Technology Officer Erez Shapira (right) and Chief Analytics Officer Netanel Kabala. (Simplex PR Pic) Nuvei Corporation (TSX: NVEI and NVEI.U), the global More...

Jewish Business News On Thursday, May 6th, 2021

Israel’s Pecan.Ai Offers Predictive Analytics – Raises $35 Million

Pecan.Ai (Facebook Pic) Pecan.ai is an Israeli predictive analytics startup which utilizes artificial intelligence tech. The company just raised $35 million in a series B round led by GGV Capital. Cofounder and More...

Jewish Business News On Wednesday, May 5th, 2021

Kaltura Ready for Another Try at an IPO

Kaltura Executive Team — Company Photo Kaltura, an Israeli startup which provides live and on-demand video SaaS solutions, has decided to try again for an initial public offering. The company has filed More...

Jewish Business News On Wednesday, May 5th, 2021

Israeli startup Umoove Helps Clear Distressed Minds In A Blink Of An Eye

 Umoove, a mobile software technology company based in Israel, has announced the release of MindReset, an app that will help users clear their minds through very fast, eye tracking-based sessions.   Emotional More...

Jewish Business News On Wednesday, May 5th, 2021

Bank Leumi Might Sell Leumi USA

Israel’s Bank Leumi is considering unloading its American division Leumi USA. The sale could be for as much as $1 billion, according a report in Bloomberg which cited people close to the matter. According More...

Jewish Business News On Wednesday, May 5th, 2021

Israel Cybersecurity Co White-Hat Bought Out by EPAM for $50 Million

White-Hat, an Israeli cybersecurity startup, has been acquired by EPAM Services Inc., an American digital platform engineering company. While the purchase price was not officially disclosed, Globes has cited More...

Jewish Business News On Tuesday, May 4th, 2021

Israeli consulting group Tefen closing mega infrastructure project in Dubai worth $200 million

Mally Bitzur-Parnes, CEO and Partner at Tefen / Photo credit Anat Kazula, PR Starting in August, Israeli consulting group Tefen is expected to build a smart industrial zone in Dubai, as PMO. The mega project More...

Jewish Business News On Monday, May 3rd, 2021

Imperva Acquires CloudVector

Israeli Cybersecurity company Imperva has revealed that it plans acquire application programming interface (API) security company CloudVector. The acquisition price has yet to be disclosed. IBM explains that More...

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