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 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 a broad range of technologies and businesses that will add real value to our portfolio companies and to our investor community. To partner with a company of GE’s size and stature will allow OurCrowd to help break new ground in innovation finance.”
Read the full press release here.