Continuing its pivot to Asia, Israel’s crowd financing group OurCrowd is expanding to Taiwan. This latest outreach to the fastest-growing region of the world comes as OurCrowd has inked a deal with a new financial partner, Shanghai Commercial & Savings Bank.

It’s good timing as Taiwan transitions from a tech power concentrated on semiconductors to hardware innovations yet without sufficient funding. Denes Ban, OurCrowd’s managing partner Asia, points out that the expansion is to help Taiwanese small and medium-sized businesses get funding, support Taiwanese investors in diversifying into global startups, and connect Israel and Taiwanese tech startups for efficiencies.

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