The OurCrowd Global Investor Pre-Summit opened with welcoming remarks from OurCrowd CEO and Founder Jon Medved. OurCrowd was founded in February 2013 and has raised more than $400 million for more than 110 portfolio companies. It is one of the largest crowdfunding organizations on the planet, according to Forbes. Medved advised that successful companies are those that innovate and take risks. Laly David, the head of OurCrowd’s business development efforts, pointed out that taking risks is important because change often promotes growth. Medved said that partnerships between multinational corporations and startups can foster collaborative innovation. OurCrowd has invested in companies that are creating machine-learning technology to prevent prescription errors, anti-collision systems for rental cars, and 3D video for live replay at sporting events.

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