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A different path to impact investing: Startups’ role in social responsibility

Aside from an impact investing opportunity (think green, education, ‘the greater good’), you’d be forgiven for not associating startup investing with social responsibility. Actually, there is plenty of room for helping the non-profit world in startup investing. Tmura, the Israeli public service venture fund, is one example – enabling founders to do good while making their exits. Since 2013, every new OurCrowd portfolio company has been required to dedicate a portion of their equity to charity, through Tmura. At exit, Tmura sells its shares, and donates the proceeds to the high-tech company’s preferred charity, focused on educational and youth-related activities. OurCrowd has long made its social responsibility a priority, believing that the startup sector can give back to society. OurCrowd was the first VC to require its Israeli companies to commit equity as part of the deal terms. Seeking investments with OurCrowd is synonymous with adopting a charitable aspect to each startup. This quarter alone, three companies, Scopio Labs, BrainQ and Splacer all joined Tmura. The program is especially appealing because it ties charitable giving to the success of...

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Download: OurNetwork’s Quarterly Innovation Report

OurNetwork’s Strategic Collaboration Program has released its first Quarterly Innovation report, which brings its readers the latest information on the edge of the startup ecosystem. The OurNetwork program is designed to foster collaboration between startups and corporations and to develop mutually beneficial relationships. This report includes: a corporate innovation map highlighting how corporations are innovating an in-depth view on Ethereum and blockchain technology  investment trends discussion of Amazon’s purchase of Whole Foods. Download it here. Join OurNetwork’s Strategic Collaboration Program to gain access to cutting-edge global innovation here....

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6 things you didn’t know about OurCrowd President Andy Kaye

6 things you didn’t know about OurCrowd president Andy Kaye OurCrowd recently welcomed Andy Kaye as the new President and CIO. With over 20 years of experience in the financial industry, he has led investment banking operations around the globe. We sat down with Andy to find out a little more beyond his resume. Here are six surprising facts we learned. 1) He spent 7.5 years in the Israeli navy. After finishing high school, Andy volunteered to an elite naval unit, after graduating from the 20 month program he continued to the Naval officers course and ship command.  After almost 8 years, it was time to make a choice whether to make a career out of it, so he took a year off to travel and decide his path. A stop in London started a love affair with the stock market, eventually leading to his financial career. He never forgot the navy, however, and both his son and daughter served periods in the Israeli navy as well.   2) He is more Israeli than you think. Despite the English accent and kind manner, Andy made Aliyah at 16 and despite having traveled most of the globe and living in London, China, and New York for long stretches, he always came...

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The Incredible Israel-India Story

The Incredible Israel-India Story This month marked a huge leap for the future of Israeli-Indian relations. After 25 years of diplomatic ties, PM Modi became the first visiting sitting prime minister to make an official state visit, and commentators are calling it just a taste for what is to come. The relationship traditionally has revolved around security and defense, with India being Israel’s largest arms buyer, but this trip showed the new name of the game is tech.  Major deals like The Israel India Innovation Initiative Fund (I4F) were signed around that promise, hoping to grow the already $4.2B trade relationship into a close cross-border partnership. Aside from the deep cultural ties and similar challenges these ‘against all-odds’ democracies have, the move is highly strategic.  Israel has much to gain with the enormous market potential presented by India’s population of over one billion, while India’s flourishing economy needs to move quickly to develop more ground-breaking technology. OurCrowd recognized the potential of this relationship early, and has been actively working to develop ties with counterparts, investors and innovators on the...

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The Clamor for Transportation Alternatives

The Clamor for Transportation Alternatives  The American dream of one family, two cars has evolved as the world and technology have changed. The reasons are varied, but the expense of maintaining and buying gas for private cars, along with a bigger return to urbanization, have people seeking alternatives for getting around. Many car owners are using their vehicles less as alternative modes of transportation are simply faster. Ultimately, the social status factor of owning a car is being sidelined for considerations of time and money, not to mention the environmental impact. The change isn’t just happening in the West. In fact, China, once called the kingdom of bicycles, and India, where urbanization is unprecedented, are returning to their roots and using bicycles and trains to avoid traffic jams, or looking to ridesharing and other alternatives. The Chinese government is actively promoting bike sharing schemes to tackle its deep pollution problems. Chinese business leaders Alibaba recently participated in a $700M series E round for Ofo, one of China’s biggest bike sharing companies, valued in the billions. In India, the economy...

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