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South Korean Government, NH Bank and OurCrowd Establish $80 Million Israel-Korea Fund for DeepTech Investments

South Korean Government, NH Bank and OurCrowd Establish $80 Million Israel-Korea Fund for DeepTech Investments

06/27/24, 7:44 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IL.svgjerusalem
Money
$80 million
Industry
finance
Type
partnership
South Korean Government, NH Bank, and OurCrowd have partnered to establish a $80 million Israel-Korea fund for investment in startups focusing on core technology sectors. The fund will invest in approximately 25-30 startups in both countries.

Company Info

Company
OurCrowd
Location
jerusalem, jerusalem district, israel
Additional Info
OurCrowd is a global venture and alternatives investing platform that empowers institutions and individuals to invest and engage in emerging companies, funds and other private market alternative assets. The most active venture investor in Israel, OurCrowd vets and selects companies, invests its capital, and provides its global network with unparalleled access to co-invest and contribute connections, talent and deal flow. OurCrowd builds value for its portfolio companies throughout their lifecycles, providing mentorship, recruiting industry advisors, navigating follow-on rounds and creating growth opportunities through its network of multinational partnerships. OurCrowd portfolio companies have achieved more than 50 exits. It has received more than $1.9B in committed funds for its 300+ portfolio companies and venture funds.

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