OurCrowd announced the closing of a $25 million Series B funding round. This round, according to OurCrowd and published data, is the largest investment round in the equity crowdfunding sector to date. The investment will be used both to further expand our activities in Israel and worldwide, and to provide general partner funding participation for each OurCrowd deal on our website.To read more, click here.
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Israel’s Elbit Systems uses military technology to revolutionize public transportation
Elbit’s super-capacitor technology will allow buses or trams to run on batteries that can be charged in just 30 seconds, a process that can be done even while picking up passengers at a stop, giving the bus or tram enough power to travel two kilometers before the next charge (about the distance between four bus stops). To read more about Israel’s innovative public transportation technologies, click here.
If you’re an accredited investor and interested in investing in some of Israel’s most exciting startups, please register at OurCrowd
Updates You Might Have Missed
Trending Israeli Entrepreneurs
Israeli rock star-turned-entrepreneur Yoni Bloch is transforming video technology
Yoni Bloch is the co-founder and CEO of Interlude, an Israeli startup developing interactive video technology that turns passive, linear videos into user-directed, multi-path stories. Bloch recently appeared on Bloomberg Television’s “Bloomberg West” with Emily Chang. In the interview he explains how the company is transforming the way we watch video. To view the segment, click here.
UpWest Labs is growing Israeli innovation in the US
UpWest Labs, a Silicon Valley high-tech accelerator, is helping Israeli startups succeed in the US. The program takes a handful of Israeli startups for four months at a time and runs them through basic training at a startup bootcamp on the ground in Silicon Valley. To read more about the program, click here.
Mixing babies with high-tech at Campus TLV for Moms
Campus TLV for Moms helps women entrepreneurs achieve their startup dreams in a baby-friendly environment. Google’s workshop, also known as “Google Moms,” allows young mothers to learn business tips from the pros while nursing, burping and changing their babies. To read more, click here.
OurCrowd’s News Nuggets
Israeli portable robot printer is a big success on Kickstarter (Geektime)
New cyber-security R&D park in Beersheva receives blessing (Israel21c)
IBM opens first accelerator anywhere…in Israel (Globes)
Israel police and US Homeland Security get sci-fi (Haaretz)
How technology created the powerhouse Israeli wine industry (Post-Gazette)