Jerusalem-based equity crowdfunding company OurCrowd Ltd. has raised $60 million from the ORIX Corporation as part of a strategic investment by the Japanese company. This is the first collaboration between ORIX and an Israeli venture capital fund, in which OurCrowd is planning to provide the financial services giant with access to a wide variety of innovative technologies and companies.
Under the terms of the agreement, ORIX and OurCrowd will collaborate in agreed focus areas and will establish financial products and investment opportunities suited for the Japanese and global markets. This will include curated access to both venture capital funds and individual portfolio companies on a deal-by-deal basis.
ORIX and OurCrowd will work to further increase cooperation between the two countries and enhance opportunities for Israeli startups throughout Asia.
OurCrowd has so far raised $1.5 billion in committed funding for investments in more than 220 portfolio companies and 23 venture funds. The Jerusalem based fund has participated in 40 exits to date. OurCrowd’s platform features 60,000 individual accredited and institutional investors, family offices, and venture capital partners from over 183 countries.
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