Author: OurCrowd

[CrowdFund Beat] CrowdFund Beat 2014: Person of the Year – OurCrowd CEO Jon Medved

Dec 21, 2014 |

“we concluded that one individual has really emboldened the vision for crowdfunding […] our crowdfunding person of the year is  Jon Medved.” “Mr. Medved had been a long-standing venture capitalist based in Israel, and has invested globally for decades. With the view of where this financing concept may go, he founded OurCrowd, which has become one of the most active and successful sites in terms of deploying early stage capital to aspiring technology...

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8 Israeli Tech Trends, 8 Crazy Nights 2014: Sharing Economy (5/8)

8 Israeli Tech Trends, 8 Crazy Nights 2014: Sharing Economy (5/8)

Dec 21, 2014 | , ,

As Israel observes Hanukkah – a celebration of the light among the darkness – it’s time to highlight the tech trends creating sparks within the Startup Nation. Note, these trends are based on our deal flow – what our team sees on the ground. Trend 5/8: Sharing Economy How a trend is born:  You exit the airplane, get into a taxi, pick up the keys to your lodging and open the door… to someone else’s home. Airbnb has dramatically changed the way people find accommodations when they’re planning vacations. It’s just one member of a major startup trend: The sharing economy. This model, build on the sharing of human and tangible resources, is also referred to as peer-to-peer, mesh and collaborative consumption. Anything that can be created, produced or consumed is part of this socio-economic economy built for easy and cheaper acquisition of goods and services. ‘Sharing economy’ as a term began in the mid-2000s. Consider eBay, Craigslist and Krrb – these are all marketplaces that are built on a collaborative consumption model. Today, within the startup culture in both Israel and beyond, there...

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8 Israeli Tech Trends, 8 Crazy Nights 2014: Medical Marijuana Tech (4/8)

8 Israeli Tech Trends, 8 Crazy Nights 2014: Medical Marijuana Tech (4/8)

Dec 20, 2014 | , ,

As Israel observes Hanukkah – a celebration of the light among the darkness – it’s time to highlight the tech trends creating sparks within the Startup Nation. Note, these trends are based on our deal flow – what our team sees on the ground. Trend 4/8: Medical Marijuana Tech How a trend is born:  Medical & recreational marijuana is lighting up the market – by some estimates, total sales of ‘Mary Jane’ may reach as high as $100 billion in the US alone in the next few years. The legal cannabis industry is poised to grow faster than smartphones according to the Huffington Post. And tokers can exhale a sigh of relief knowing that this rapid growth is due largely to new groundbreaking laws enacted in recent years that enable the production and sale of marijuana. Who’s who:  Israel can be thought of as the perfect breeding ground for medical marijuana companies, as it’s the place many people call the medical marijuana research capital of the world. The three main business categories within the cannabis industry are growers, grow services, and technology companies. Studies...

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8 Israeli Tech Trends, 8 Crazy Nights 2014: Crowdsourcing Finance (3/8)

8 Israeli Tech Trends, 8 Crazy Nights 2014: Crowdsourcing Finance (3/8)

Dec 19, 2014 | , ,

As Israel observes Hanukkah – a celebration of the light among the darkness – it’s time to highlight the tech trends creating sparks within the Startup Nation. Note, these trends are based on our deal flow – what our team sees on the ground. Trend 3/8: Crowdsourcing Finance How a trend is born:  Banks and startups: the two worlds could hardly be further apart. It’s obvious even on the surface: Banks are colossal institutions, conservative in nature, often centuries of history. Startups hire minimal staff and are innovative – and fledgling – businesses. So why are some of the world’s major financial institutions heading to Tel Aviv to set up start-up accelerators? The answer: Fintech (financial technology). In the most recent development of the Startup Nation, the Israeli fintech space has earned the attention of banking institutions both in Israel and abroad. While there have been some notable success stories (Fundtech, Nice Systems and now, Check), Israel isn’t particularly famous for its fintech startups. While Tel Aviv has become almost legendary for its innovation and entrepreneurship, it is less known for its financial institutions. Not anymore. According to a recent report,...

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8 Israeli Tech Trends, 8 Crazy Nights 2014: Internet of Things (2/8)

8 Israeli Tech Trends, 8 Crazy Nights 2014: Internet of Things (2/8)

Dec 18, 2014 | , ,

As Israel observes Hanukkah – a celebration of the light among the darkness – it’s time to highlight the tech trends creating sparks within the Startup Nation. Note, these trends are based on our deal flow – what our team sees on the ground. Trend 2/8: Internet of Things How a trend is born:  Let’s talk impressive numbers: There are already more than 10 billion systems connected to the Internet (IDC) and by 2020 there will be nearly 26 billion devices on the Internet of Things (Gartner). If you haven’t heard the term by now, Internet of Things (IoT) refers to the climbing trend of connecting “dumb” devices through an internet connection to collect and utilize actionable intelligence about everyday life.  Who’s who:  In Israel, Sensibo: Sensibo is a tiny device that connects air conditioners to the internet. It can be used with any A/C that has a remote control. Milla: Milla is a platform on which internet of everything devices can connect and interact, a consumer-facing interface layer for unified control of diverse devices and applications, and a marketplace for applications that operate devices across...

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