Which Israeli company is being acquired for over $200 million and how much will Prospera founders net from sale to Valmont?

CTech Daily Roundup: Israel’s EVR Motors reveals small, lightweight motor for vehicles

CTech 23:4106.05.21
Israeli crypto startup Simplex set to be acquired for $200-$250 million by Canada's Nuvei. Simplex offers online payment processing and fraud protection exclusively for the cryptocurrency industry. Read more


Prospera founders set to net over $100 million from sale to Valmont. VC fund Bessemer expected to receive $60 million from the acquisition of the Israeli agtech company. Read more

EVR motor. Photo: Kseniia Poliak EVR motor. Photo: Kseniia Poliak


Israeli alternative-meat ecosystem on fast track for growth. According to a report released by The Good Food Institute Israel, alt-protein has accelerated faster than any other industry in Israel since 2018. Read more


Family matters: home dynamics impact decisions to leave jobs after lockdowns. People with no children or older children are more likely to look for a new job if they are forced to go back to the office, a new report by Israeli company Tikal has found. Read more


Israel’s EVR Motors reveals small, lightweight motor for vehicles. The company is showcasing its new motor at this month’s virtual Ecomotion Week event. Read more


Appointments | Deel appoints Salesforce’s Olivier Elbaz to lead international expansion. The Salesforce executive will help the company navigate expansion and tackle new markets overseas. Read more


Opinion | Context is the key to meeting new challange of data fluidity. "The result of data becoming fluid is that simple contact details are no longer enough. You need context, both from your internal systems as well as external sources, to generate actionable insights," writes Eyal Shpin of ZoomInfo. Read more