Tag: hi-tech

Record First Quarter for Israeli High-Tech Investments

By OURCROWD Venture funding set to double over 2020 Capital raising by privately held Israeli technology companies soared to a record $5.37 billion in the first quarter of 2021, 89% higher than in the previous quarter and double the amount raised in the first quarter of 2020. The surge was driven by 20 deals worth more than $100 million each, accounting for 55% of the total quarterly amount raised in 172 transactions. During the quarter, the median deal size doubled to $10.3 million and the average nearly doubled to $31.2 million, signaling that most of the capital flow went to relatively few capital-intensive deals. First published in Prospective, quarterly perspectives on VC, technology and market trends published by OurCrowd. To join the Prospective mailing list, email prospective@ourcrowd.com. Related: SPACs Unpacked: What Investors Need to knowOurPeople: Alec Ellison, Chairman, OurCrowd USGreen Energy Makes Business...

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A different path to impact investing: Startups’ role in social responsibility

Aside from an impact investing opportunity (think green, education, ‘the greater good’), you’d be forgiven for not associating startup investing with social responsibility. Actually, there is plenty of room for helping the non-profit world in startup investing. Tmura, the Israeli public service venture fund, is one example – enabling founders to do good while making their exits. Since 2013, every new OurCrowd portfolio company has been required to dedicate a portion of their equity to charity, through Tmura. At exit, Tmura sells its shares, and donates the proceeds to the high-tech company’s preferred charity, focused on educational and youth-related activities. OurCrowd has long made its social responsibility a priority, believing that the startup sector can give back to society. OurCrowd was the first VC to require its Israeli companies to commit equity as part of the deal terms. Seeking investments with OurCrowd is synonymous with adopting a charitable aspect to each startup. This quarter alone, three companies, Scopio Labs, BrainQ and Splacer all joined Tmura. The program is especially appealing because it ties charitable giving to the success of...

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