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REE Automotive in negotiations for a $3-4 billion Nasdaq SPAC merger. The Israeli developer of modular platforms for electric vehicles has been negotiating the move for more than three months and the deal could be completed in January. Read more Pfizer, AstraZeneca, Merck, and Teva win tender for new Israeli Innovation Lab. The lab, which is set to research digital health and computational biology, has a government budget of $9.9 million. Read more HR Post Covid | Compassion is “more important than ever” during Covid-19, says Pecan HR head. Understanding what your employees ne...
Israeli Companies Break Fundraising Record as COVID-19 Rages On Sputnik International https://sputniknews.com/business/202012241081556125-israeli-companies-break-fundraising-record-as-covid-19-rages-on/ The reason for this success, believes an Israeli researcher, is the ability of Israel to adapt and adjust to its changing reality and offer solutions that would go hand in hand with the demands of the market. Israeli companies raised more than $10 billion in 2020, an increase of over 20 percent compared to the previous year, says a report by Start-Up Nation Central (SNC), an independent non-pr...