SUBSCRIBERS

UOB crowdfunding partner OurCrowd hits US$1b in fundraising in six years

Israel-based equity crowdfunding platform has also signed innovation partnership with Changi Airport Group

Published Thu, Mar 7, 2019 · 09:51 PM

    Jerusalem

    OURCROWD, an Israel-based equity crowdfunding platform that counts UOB as its equity partner, has raised a total of US$1 billion for 170 companies and 18 funds in six years.

    Of these, 29 had matured sufficiently for OurCrowd to make an exit, it said at its investor summit in Jerusalem on Thursday. In 2018, it exited 11 companies, and these were picked up by big names such as Samsung, Uber, Nike and IBM.

    Copyright SPH Media. All rights reserved.