Forge Partnership Agreement to Strengthen Tech Startup Ties
TEL AVIV/ MANILA – July 31, 2022 – OurCrowd, Israel’s most active venture platform, and Einhorn Resources Inc., a Philippine investment firm, today announced a partnership that will provide Einhorn clients direct access to OurCrowd’s exclusive investments and mentorships to facilitate growth of Philippine startups.
The partnership was signed in Tel Aviv, Israel, between Dan Bennett, OurCrowd’s General Partner & Managing Director of Australia and Asia, and Jean Henri Lhuillier, Einhorn Resources Inc CEO.
“This new partnership is an exciting opportunity to extend our pipeline into the vibrant investment community in the Philippines and to help nurture its startup ecosystem,” said Dan Bennett. “Einhorn Resources’ deep knowledge of the Philippine investment landscape will be instrumental to bringing our top-tier technology talent to that part of the world.
“Not only are we raising money for these opportunities both in Israel, the US and beyond, but this is an important opportunity for corporates and family offices to invest from the Philippines and to attract technology that will benefit their core business.”
This collaboration, the first of its kind in the Philippines, provides Einhorn clients with direct access to one of the world’s leading online venture platforms. OurCrowd currently has $1.9 billion in commitments and has deployed capital to more than 347 portfolio companies and 39 funds in five continents. It also has 200,000 registered members from 195 countries, which it allows to participate in vetted and early-stage firms and funds.
Currently, plans are being made to set up a regional incubator that will give growth opportunities to Philippine startups looking for Israeli tech expertise.
“We are excited to work with OurCrowd to pave the way for stronger ties for investment opportunities, traditional companies and tech solution collaborations,” said Jean Henri Lhuillier. “The partnership aims to open the funnel to a Philippine network of investors who can choose relevant companies to invest in as well as customize an online portfolio.”
Einhorn Resources Inc oversees multiple investments in agriculture, fintech, education, healthcare, real estate, and software, directly or through funds, with investments in Europe, the US, Middle East, Southeast Asia and the Philippines.
For more details, visit OurCrowd website at OurCrowd.com or email us at email@example.com and firstname.lastname@example.org. You may also contact OurCrowd at +44 747 019 6826.
OurCrowd is the online global venture investing platform that empowers institutions and individual accredited investors to invest and engage in emerging technology companies at an early stage. Acclaimed by PitchBook as the most active venture investor in Israel, OurCrowd vets and selects companies across all sectors and stages, invests its own capital, and provides its global platform of over 215,000 registered members from 195 countries.
Founded by CEO Jon Medved in 2013 with the vision of democratizing world-class venture capital investing, OurCrowd has grown rapidly into the world’s leading online venture investing platform and as of 2021 has received over $1.9 billion in commitments, and deployed capital into more than 347 portfolio companies and 39 funds across five continents. To date, OurCrowd’s startups have recorded 59 exits including several stock market listings: Beyond Meat, Lemonade, Innoviz, Hub Security; and numerous high-profile acquisitions: JUMP by Uber, BriefCam by Canon, Argus by Continental, Crosswise by Oracle, Replay by Intel, Corephotonics by Samsung, CyberX by Microsoft, and Kenna Security by Cisco. OurCrowd builds value for its portfolio companies throughout their lifecycles, providing mentorship, recruiting industry advisors, navigating follow-on rounds and creating growth opportunities through its network of multinational partnerships.
About Einhorn Resources Inc:
Einhorn Resources Inc. is a management company that oversees investments in companies of diversified industries in its portfolio.
Investments in companies such as DailyPay, World Chef, FutureBank, Kennemer Foods Inc, Xepto Education, Kini, Crowded, KITA,. Carbon6, ReWire, SaNOtize to name a few.
Aside from investment recommendations and management, the group is in constant search for solutions to help improve growth in transactions, revenue, and valuation of companies within their network.
Press Contact OurCrowd:
Leah Stern, Partner, Global Communications @OurCrowd / Europe: +44 747 019 6826, email: email@example.com
Press Contact: Einhorn:
Antonio Severino (Investment Director) at firstname.lastname@example.org