Israeli Crowdfunder Looks To Asia

Crowdfunding/Venture Capital firm OurCrowd, created by Jonathan Medved in 2013 that has funded more than $320 million for startups in Israel, has opened an office in Singapore and is now focusing on Asia as the next big crowdfunding play.

Due to the lower cost of operations in that area, startups need less funding to get going, between $1 and $3 million.

OurCrowd is looking for startups in the tech, medical, artificial intelligence, big data and virtual reality fields that can scale quickly and then, as with many of their other investments, be sold at a premium.

Medved thinks that 30% of his deals will come from Asia in the next 2 years.

http://www.dealstreetasia.com/stories/over-30-per-cent-of-our-deals-will-come-from-asia-in-1-2-years-ourcrowd-60202/

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About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in accredited investor, Broker dealers, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, drone, Funding Portals, Investments, Small Business, technology, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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