OurCrowd General Partner &
Managing Director of
Australia and Asia Dan Bennett and Einhorn Resources Inc CEO Jean Henri
Lhuillier sign the partnership in Tel Aviv, Israel
TEL AVIV/ MANILA – July, 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 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 leah@ourcrowd.com and einhornresourcesinc@gmail.com. You may also contact OurCrowd at +44 747 019 6826.
END
About
OurCrowd:
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 / E: leah@ourcrowd.com
PRESS
CONTACT Einhorn: pls email Antonio Severino (Investment Director) at einhornresourcesinc@gmail.com
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