Israel-based venture platform OurCrowd and Philippine investment firm Einhorn Resources Inc. have partnered to provide Einhorn clients direct access to OurCrowd’s exclusive investments and mentorships to facilitate the growth of Philippine startups.
OurCrowd currently has $1.9 billion in commitments and has deployed capital to more than 347 portfolio companies and 39 funds in five continents. It also has 200,000 registered members from 195 countries which it allows to participate in vetted and early-stage firms and funds.
“Einhorn Resources’ deep knowledge of the Philippine investment landscape will be instrumental to bringing our top-tier technology talent to that part of the world,” said Dan Bennett, general partner and managing director for Australia and Asia, OurCrowd. “Not only are we raising money for these opportunities in Israel, the US, and beyond, but this is an important opportunity for corporates and family offices to invest from the Philippines and to attract technology that will benefit their core business.”
Currently, plans are being made to set up a regional incubator that will give growth opportunities to Philippine startups looking for Israeli tech expertise.
“The partnership aims to open the funnel to a Philippine network of investors who can choose relevant companies to invest in and customize an online portfolio,” said Jean Henri Lhuillier, CEO, Einhorn Resources Inc.
Einhorn Resources Inc oversees multiple investments in agriculture, fintech, education, healthcare, real estate, and software, directly or through funds, with investments in Europe, the US, the Middle East, Southeast Asia and the Philippines.