Reliance Industries Ltd (RIL) has more than doubled its stake in US-based SkyTran Inc., underscoring the oil-to-retail conglomerate’s ambitious plans for eco-friendly transportation systems. Read more...
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400% hiring boom at OurCrowd companies Driscoll’s calls in SCiO to rate berries SPACs become main event for Israeli startups BioCatch gets US patent for user credential verification NBA’s Russell Westbrook leads Varo Bank to $63M raise mPrest joins Microsoft Azure for energy companies Superpedestrian readies for New York rollout Introductions Jobs 400% hiring boom at OurCrowd companies “Startups backed by influential Israel-based equity crowdfunding group OurCrowd are looking to hire in greater numbers, despite the lingering COVID-19 pandemic,” Red Herring reports on the release of the first Quarterly OurCrowd Jobs Index this week. “Pandemic or not, the Israeli tech industry continued its rapid growth in 2020,” says Gil Press in Forbes, noting that the number of open positions listed by OurCrowd’s portfolio companies rose from 350 in June 2020 to 912 in December 2020. “Startups surveyed by OurCrowd predict that job growth would continue through 2021,” he adds. The Index shows the number of job openings in Israel rose by 400% during the same period, advertised by 100 of OurCrowd’s portfolio companies and funds. “Despite the lingering pandemic...
Read MoreLidar components that used to be tens of thousands of dollars are now just $1,000, and there’s a clear path to getting them down to $500 soon, and $100 in the foreseeable future. Startups like the Israel-based Innoviz, which recently went public in a reverse merger via a SPAC that raised $350 million of capital, think that’s the future. Read...
Read MoreCompanies are working to grow fish filets from cells. They just need U.S. regulatory agencies to approve their creations before restaurants can sell it. Read...
Read MoreVaro unveils the Varo Believe Program for American to build CreditVaro, the digital national bank, has unveiled the Varo Believe Program, a credit building product that includes Visa credit card and credit monitoring. Read...
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