As the number of worldwide deaths from the coronavirus nears 400,000, the crowdfunding platform OurCrowd has launched a $100 million Pandemic Innovation Fund.

In a blog post on Tuesday (June 2), CEO Jonathan Medved said the fund will provide cash to companies working to develop treatments, vaccinations and cures for COVID-19 and future pandemics, as well as those providing solutions for the fundamental changes in the economy and society caused by the crisis. 

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