Tag: GE Ventures

GE Ventures and OurCrowd: Breaking new ground in innovation finance

GE Ventures and OurCrowd: Breaking new ground in innovation finance

Jun 3, 2015 | , ,

In the spirit of crowdbuilding, last month OurCrowd hosted a special visit by GE Senior executives from the U.S. at our Jerusalem offices. The event joined the GE team with our portfolio’s entrepreneurs to discuss ways to collaborate company growth. Partners since November 2013, GE is looking to contribute investment dollars as well as experience and expertise to OurCrowd investments. The partnership allows GE Ventures to co-invest alongside OurCrowd in companies that are focused on GE’s core industries of healthcare, software, energy and advanced manufacturing. Throughout the day, participants took part in various round table discussions, including: Key Decisions in Commercialization Strategy by Brett May – Head of Ventures and Business Development, GE Software How to Pitch Investors by David Mayhew, GE Ventures – Chief Risk Officer Impactful Branding & Communications for Startups by Andy Goldberg – GE Corporate Global Creative Director Importance of Strategic Partnerships by Karen Kerr – Senior Managing Director, Advanced Manufacturing Financial Planning & Reporting: Smart Cash Management by Dennis Cinelli – GE Ventures Chief Financial Officer Impactful Branding & Communications for Startups by Andy Goldberg –...

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GE Ventures makes first investment via equity crowdfunding platform, OurCrowd

GE Ventures makes first investment via equity crowdfunding platform, OurCrowd

Oct 2, 2014 | , , , ,

We’re proud to announce that MedAware, an OurCrowd portfolio company, has closed its investment of $1 million from GE Ventures and OurCrowd investors. This financing round marks the first investment the venture capital arm of GE, GE Ventures, has made as part of the strategic co-investment partnership OurCrowd signed with the firm back in November 2013. We believe we have reached a real milestone and transformative moment in the world of high-tech finance. This investment underscores the fact that the startup investment playing field is being levelled — OurCrowd investors get access to the same deals multi-billion dollar corporations are seeing, at the same terms. We are looking forward to driving innovation forward with GE Ventures, whose unequalled expertise and experience in a broad range of technologies and businesses add real value to our portfolio companies and to our investor community. “We are excited about the potential for MedAware to solve the huge problem of prescription error via their impressive big data technology,” said Jon Medved, founder and CEO of OurCrowd. “The fact that our partner, General Electric, has joined together with us in...

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OurCrowd’s Jon Medved On Bloomberg TV: How OurCrowd Helps Fund Early Stage Companies

Nov 19, 2013 |

On his current tour across the US, OurCrowd CEO Jonathan Medved was interviewed by Pimm Fox on Bloomberg Television’s “Taking Stock.” In the interview Jon discusses investing in early stage startups and our innovative equity-based crowdfunding platform. In addition, he responded to questions regarding OurCrowd’s new deal with GE Ventures and on making a startup successful. View the video above or play it on Bloomberg...

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OurCrowd Announces Strategic Co-Investment Agreement with GE Ventures

OurCrowd Announces Strategic Co-Investment Agreement with GE Ventures

Nov 4, 2013 | , ,

Earlier today OurCrowd announced  that it has closed a strategic co-investment partnership with GE Ventures, the corporate venture capital arm of GE. As part of our new relationship, GE Ventures will have the right to co-invest with OurCrowd in early stage companies from the energy, healthcare, software, and advanced manufacturing sectors.  This is an important announcement for OurCrowd but it’s equally important for our investors. GE brings not only investment dollars to our portfolio companies but its experience and expertise in a broad range of industries. GE is one of the world’s largest companies and also one of the most admired and most respected for innovation. This is a great day for OurCrowd. This means a lot for our investments and portfolio companies but it also underscores the fact that the investment playing field is being levelled — OurCrowd investors get access to the same deals multi-billion dollar corporations are seeing, at the same terms. OurCrowd CEO Jon Medved said, “We are thrilled to partner with GE Ventures on co-investments via our equity crowdfunding platform.  GE brings unequaled expertise and experience in...

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