Jerusalem-based Israeli venture capital crowdfunding platform OurCrowd announced on Tuesday that it is setting up a $50 million fund, OurCrowdQure, to focus on investing in digital health technology. Dr. Yossi Bahagon, managing partner and co-head of OurCrowd, said in a telephone interview that the newly formed OurCrowdQure fund will finance its own investors and other investors through a crowdfunding platform. The fund will focus on digital health start-ups in the seed and A-round phases in Israel, the US and Asia Pacific. Bahagong said: "The fund will be based in Israel and look around the world." OurCrowd said in a statement that the fund is OurCrowd's first industry fund dedicated to the digital health market. The market is growing rapidly, with a global valuation of $70 billion in 2015 and is expected to exceed $230 billion by 2020. Bahagong said that this is also Israel's first digital medical special fund: "Many investors are interested, I believe we can achieve financing goals." Bahagong said the fund has raised $10 million and invested in a start-up, and the other two are in the gestation stage. “Digital healthcare is one of the fastest growing industries in terms of capital and M&A activity,†said Kurd Medved, CEO of OurCrowd. “Because the services and markets in the medical field are very complex, focus on It is very important to us in the digital health industry." OurCrowdQure Fund has partnered with Johns Hopkins University to provide guidance to OurCrowd and its investing start-ups to help them understand the value of the technologies they develop and get to market quickly, providing them with user feedback and market-related products and Insights on development. Bahagong said: "The medical system is very complicated. It is not enough to have innovative ideas. It is also necessary to have a person who can consult and guide and feedback in the medical system. Our risk project is not just an investment institution, but It is a digital health ecosystem." Christy Wyskiel, head of the Johns Hopkins Technology Risk Program, said: "In our view, these start-ups will enrich Johns Hopkins and its surrounding innovation ecosystem." Hand & Foot Mask,Foot Mask,Dead Skin Removing Foot Mask,Nourishing Tender Foot Mask Guangzhou Lingxue Cosmetics Co., Ltd , https://www.gzlxgj188.com
OurCrowd platform invested 50 million US dollars to set up a digital medical investment fund