OurCrowd eyes Asia expansion via S'pore office
Israel-based equity crowdfunding platform gives wealthy individuals a foot in on the ground floor of venture capital investing
Singapore
THE pace of capital raising among Asian investors is hotting up for equity crowdfunding platform OurCrowd. But Asia's representation among the portfolio companies is "almost non-existent", says OurCrowd chief executive Jon Medved.
That is set to change. Israel-based OurCrowd has opened a Singapore office that is expected to expand the platform on three fronts - the facilitation of capital raising; sourcing of portfolio companies in Asia; and helping investee companies with their Asian expansion.
"We're in the process of trying to do our first deals in Singapore," he said. Since i…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Asia: Markets mixed as global rally stalls, eyes on yen
Morgan Stanley Asia private equity unit to reorganise as CEO retires
Mercedes says it will continue to invest in China tie-ups
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
Gold trades in tight range as market focuses on US economic data
TSMC says ‘A16’ chipmaking tech to arrive in 2026, setting up showdown with Intel