Israel-based equity crowdfunding platform OurCrowd has launched a c ollaboraion initiative called OurNetwork to provide multinationals access to local tech startups.
The platform has more than 200 multinational corporations, mentors and industry experts which can interact with OurCrowd’s 20,000 members. OurCrowd recently established an incubator in partnership with communications equipment manufacturer Motorola Solutions.
Jon Medved, CEO and founder of OurCrowd, said: “We are enabling multinationals to work with our equity crowdfunding platform in order to invest, scout and collaborate with the best startups in Israel and around the world.”
Oded Meirav, manager of GE Global Research Technology Center in Israel, added: “GE became one of OurCrowd’s first strategic partners and the two companies have made a number of investments together.
“In 2015, GE Ventures co-invested in MPrest, one of the largest investments that OurCrowd and GE Ventures Israel have made in an Israeli company. OurCrowd is a great partner for startups, due to its large portfolio and key role in the Israeli ecosystem.”