Author: OurCrowd

[Oriient in PR Newswire] Oriient secures $11 million Series A funding to bring the user experience and data-driven insights of the digital world to brick and mortar buildings

TEL AVIV, Israel, May 10, 2022 /PRNewswire/ — Oriient (http://www.oriient.me), the company behind the world’s most advanced indoor positioning solution, announced an $11 million Series A funding round today, bringing the total investment in the company to $16 million. OurCrowd, a global venture capital equity platform with over $1 billion of assets under management (previous investments include Lemonade and Beyond Meat), participated in this round, as well as Regal Four (a Beren family venture entity), F2 Venture Capital, NGN Partners, and Future Energy Ventures. The funding will help scale implementation of Oriient to tens of thousands of locations, open new verticals, and drive global sales. Read more...

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[Sequentify in PR Newswire] Democratizing genomics, Sequentify raises $7M to enable DNA sequencing at scale

REHOVOT, Israel, May 10, 2022 /PRNewswire/ — Sequentify, a Weizmann Institute of Science spinoff, enables fast and focused DNA sequencing. It combines tools from the synthetic biology and AI software fields to enable rapid targeted DNA sequencing. Sequentify exits stealth mode with $7M in raised funds led by Israel’s most active venture firm, OurCrowd. The funds will be used to accelerate R&D, delivery, and go-to-market plans for the company. Read more...

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