Author: OurCrowd

[OurCrowd CEO Jon Medved in The Washington Times] The U.S.-Israel economic bond

Much of the talk around President Trump’s meeting this week with Prime Minister Benjamin Netanyahu at the White House surrounds the political and security relationship between the two countries. That is important. But it is only part of the story. Despite having a tiny population of eight million people, Israel is playing a crucial role in helping to power the U.S. economy for the next generation. It is no exaggeration to say that the U.S.-Israel economic and commercial relationship is transforming the economies of both countries, creating a virtual circle of productivity and growth. And what is behind this? In one word: innovation. Read more on The Washington Times...

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[OurCrowd CEO Jon Medved in Bloomberg] Top Israeli VC says Startup Nation drives U.S. economic growth

Jon Medved, the Israeli venture capitalist who backed Shopping.com and built investment platform OurCrowd, says tightening technology ties with the Trump administration and allowing Israeli companies to continue to open branches in the U.S. will benefit the economies of both countries. Medved said he hoped Israeli Prime Minister Benjamin Netanyahu would put technology on the agenda during his scheduled meeting Wednesday with U.S. President Donald Trump in Washington. Read more on Bloomberg...

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[Intuition Robotics in TechCrunch] Intuition Robotics raised $6 million for its ElliQ elder care assistant robot

Intuition Robotics, maker of elder care assistant ElliQ, announced today that it has raised $6 million in funding from iRobot and equity crowdfunding platform OurCrowd. With the funding, the Jerusalem-based company plans to open an office in the Bay Area and begin testing ElliQ with senior citizens in San Francisco. ElliQ is what the Intuition Robotics team likes to call an “autonomous active aging companion.” The device, which is made up of an interactive robot attached to a tablet, was built to help older adults age in place, while keeping them engaged, active, and connected to the outside world. Read more on TechCrunch...

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