Tag: pandemic

PANDEMIC VENTURE INVESTMENT SERIES EPISODE 2: MOBILITY

Michael Dick, CEO, C2A Security Graham Gullans, VP Business & Corporate Development, Superpedestrian Adi Pinhas, CEO, Brodmann17 Yakir Machluf, OurCrowd Mobility Lead Watch the full episode here. As the coronavirus pandemic challenges the world of transportation and mobility, the crisis is also offering opportunities for new technological solutions, from electric scooters to self-driving cars, according to some of the leading entrepreneurs in the sector. “The mobility sector is among the hardest hit due to Covid-19, seeing one of the greatest declines in history,” said Yakir Machluf, mobility lead for OurCrowd, whose portfolio includes dozens of mobility startups. At the beginning of the pandemic, many car manufacturers shuttered operations as much of the world went into lockdown. Although manufacturing has now resumed, it is slower, and other aspects of mobility, including public transportation and ride-hailing apps continue to see a downturn in users. At the same time, more people have turned to alternative modes of transportation, including bicycles and scooters. “The entire way in which people and goods move around has changed,” Machluf said in the second episode of the...

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Investing in the Pandemic and the New Normal

SALT Talks-OurCrowd Pandemic Venture Investment Series (Part 1) Watch the full episode here. Despite the economic fallout from the coronavirus pandemic, venture capital is well placed to thrive as the world becomes increasingly digital and demands innovative solutions, according to one veteran Silicon Valley investor. Unlike previous economic crises, the pandemic offers a chance for venture capital to respond directly to the world’s most pressing needs, from healthcare to online banking to secure communications. The crisis “will be different because of the importance of venture capital,” said Steve Krausz, general partner at U.S. Venture Partners, a Menlo Park-based VC firm that backed companies like Checkpoint Software Technologies Ltd. and Box Inc.  “The digitalization of the world economy is going to be enormous.” Even before Covid-19, many VC-backed industries, including cloud computing, financial technology, and digital health, were growing, and driving some of the most dynamic changes in the economy. The virus, along with stay-at-home orders and social distancing requirements, has boosted those shifts, Krausz said, with consumers, businesses and healthcare providers relying even more on digital and online tools. “It has been...

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[OurCrowd in Fox News] Global Pandemic: FDA Approved Blood Anlayzer has Results in Minutes

As the race to find diagnostic technology for coronavirus continues, there is hope out of Israel where a startup is behind the first FDA-cleared fingerstick Complete Blood Count (CBC) analyzer. The blood samples from the fingerstick reveal critical information within minutes, giving doctors the ability to provide treatment on the spot at the point of care. FOX’s Trey Yingst speaks with Eli Groner, the managing director of Koch Disruptive Technology and Yossi Pollak, CEO and co-founder of Sight Diagnostics, on the benefits of this technology for patients, doctors and insurers alike....

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How the Pandemic is Changing World Healthcare: Dr. Paul Rothman, Johns Hopkins

Hospitals were at maximum capacity for weeks on end due to the rapid spread of the coronavirus. While medical professionals gave their full attention to those suffering from the epidemic, patients with other health concerns were often sent home from hospitals both for their own safety and to increase available space for COVID-19 patients. Those reliant on routine medical care or in need of other emergency care were left looking for ways to access medical professionals while staying safe. Thanks to telehealth, patients were able to get the medical attention they needed from the safety and comfort of their own home. Telehealth gained momentum quickly. In less than two weeks, Dean of School of Medicine and the CEO of Hopkins Medicine, Dr. Paul Rothman, said Johns Hopkins went “from providing a couple dozen telehealth visits a day before the pandemic to about 5,500 [telehealth visits] every day.” Dr. Rothman spoke about the effects of COVID-19 on world healthcare at the OurCrowd Pandemic Innovation Conference last month.  There are clear benefits to telehealth, namely the increased accessibility to the patient...

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Creating Global Access to Medical Innovation: Ruth Atherton, Bill & Melinda Gates Foundation

15-million cases and 617,000 deaths. To many, the quick spread and drastic transformation of society at the turn of the coronavirus pandemic was a shock. That’s not to say many didn’t see it coming: WHO published a strategic action plan for pandemic influenza in 2007 and in 2014 Bill Gates, representing the Bill and Melinda Gates Foundation, presented a TED Talk about his anticipation of both a pandemic and societal lack of preparation for such an international medical crisis.  The Gates Foundation has been making efforts to help mitigate the current crisis by creating global access to medical innovation. We invited Dr. Ruth Atherton, Deputy General Counsel and Director at the Bill & Melinda Gates Foundation, to speak at last month’s OurCrowd Pandemic Innovation Conference where she offered insight into what’s been going on and what we can expect.  “The world bank currently estimates that for the first time since 1998, global poverty could actually increase,” said Atherton. “Up to 49-million people may be pushed to extreme poverty, which means living on less than $1.90 a day.” Atherton stated...

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