[PRESS RELEASE] OurCrowd Announces First Close of Israel Resilience Fund, with 8 Initial Investments, to Support Israel’s Tech Sector at Time of Crisis - OurCrowd Blog

[PRESS RELEASE] OurCrowd Announces First Close of Israel Resilience Fund, with 8 Initial Investments, to Support Israel’s Tech Sector at Time of Crisis – OurCrowd Blog

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December 20, 2023 – JERUSALEM – OurCrowd, a leading global digital investment platform, today announced the first close of its $50M Israel Resilience Fund, with more than $13M in capital commitments, and approved the first 8 investments from the fund. OurCrowd will waive all management fees and carried interest as a contribution to Israel’s current wartime emergency. The fund, which was first announced just 40 days ago, becomes one of the fastest-closing venture funds ever to go from conception to closure and 8 actual investments, according to OurCrowd.

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