In the News: Kicking off 2020 with big wins, including new tender to operate medical cannabis incubator
We ended off 2019 with exciting news for OurCrowd and the Israeli ecosystem. Israeli tech raised over $350M in December, and raised a record $8.19B in 2019, easily surpassing the $6.4B raised in 2018, which was itself a record. In OurCrowd’s fifth incubator win, the consortium consisting of OurCrowd, Perrigo and BOL Pharma, won the Israeli government tender to operate CanNegev, a medical cannabis incubator that will be located in Yeruham, in the south of Israel. This will be the world’s first government-supported medical cannabis technology incubator. As I told NoCamels, in this past decade, the Israeli tech ecosystem came into its own. What was interesting, full of potential and a promising phenomenon, became a powerhouse juggernaut that everybody in the world now has recognized. A decade ago, getting to $1 billion in equity crowdfunded assets was but a dream. I was humbled to be featured as one of 17 Israelis that shaped the decade. Startup Nation and beyond In-depth look at Alpha Tau – Alpha Tau’s Alpha DaRT is the first technology to provide a highly localized and effective...
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