OurCrowd, the global crowdfunding venture investing platform and Israel’s leading venture investor, will offer investors a sneak peek at the promising future stars of Israeli and Global tech at the sixth annual OurCrowd Global Investor Summit on February 13, 2020, in Jerusalem, Israel.
2019 was another bonanza year for Israeli tech. Total exits almost doubled over the previous year to $21 billion in 138 deals, according to the recently published IVC-Meitar Israel Tech Exits report. Exits for the decade grew in value by 800% to a total of $111 billion.
OurCrowd has a proven track record of giving investors a preview of some of the huge deals to come at its Global Investor Summit. 32 of the startups presenting at the past four summits had an exit or IPO within 12 months.
The 2019 Summit featured 7 startups that later exited, including:
Beyond Meat: Biggest IPO in a decade, May 2019
Magisto: Acquired by Vimeo for $100 million, April 2019
Wave: acquired in June 2019 by H&R Block
Previous years’ Summit events featured many startups that later exited, including:
Jump Bikes 2018, acquired by Uber two months later
Briefcam 2018, acquired by Canon six months later
Invertex 2017, acquired by Nike three months later
Mobileye 2017, acquired by Intel for $15.3 billion two months later
Crosswise 2016, acquired by Oracle three months later
Replay 2016, acquired by Intel two months later
The Summit, Israel’s largest tech conference, will provide investors with a sneak preview of some of the companies poised to achieve the next big exits in the world’s most vibrant tech ecosystem.
Since 2014, 36 OurCrowd portfolio companies have exited. Many have been acquired by global multinationals or achieved successful exits through IPO.
“The OurCrowd Global Investor Summit has become the showcase for soon-to-exit companies,” said OurCrowd CEO Jon Medved. “If you want to see firsthand the phenomenon of the IVC Meitar Report at work and get exposure to future startup success you must attend the Summit.”
OurCrowd is the largest global venture investing platform with more than $1.3 billion in committed funds from 40,000 registered investors in 183 countries. In 2019 Our Crowd was ranked for the second year running as the “Most active venture investor in Israel” by Pitchbook.
OurCrowd has 22 funds and 5 co-managed incubators on the platform. It has recently won Israel government tenders for incubators focusing on FoodTech and Cannabis.
With more than 17,000 investors, entrepreneurs, venture capitalists and others registered so far – including 141 foreign delegations – the Summit is the largest investor event in the Middle East, the largest equity crowdfunding event in the world, and the largest business event in the history of Israel.
Meet the people driving Israel’s tech economy to new frontiers in Jerusalem on February 13, 2020. Apply now for your VIP media pass at summit.ourcrowd.com
As antisemitism in France continues to spiral, Jews and the general population in France agree on the magnitude of the problem, according to a new American Jewish Committee (AJC) Paris survey of perceptions of and experiences with antisemitism in France.
But alignment on the antisemitism threat to French society, and the government’s weak responsiveness, does not mitigate the fears of Jews about their safety and future in France.
Nearly three-quarters, 73%, of the French public, and 72% of Jews, consider antisemitism a problem that affects all of French society. 47% of the general public and 67% of the Jewish respondents say the level of antisemitism in France is high, while 27% and 22%, respectively, say it is low.
While 53% of the general public say antisemitism has been increasing, and 18% decreasing, in recent years, 77% of Jews say it has increased and 12% decreased.
“Antisemitism has become a concern for French society as a whole,” said Anne-Sophie Sebban-Bécache, Director of AJC Paris. “It is not considered anymore as only the concern of Jews. We are not as alone as we could have felt in the past to fight this scourge.”
The extent of antisemitic attacks on France’s Jewish community, the largest in Europe, is stunning.
The AJC Paris survey found that 70 percent of French Jews say they have been victims of at least one antisemitic incident in their lifetime, 64% have suffered anti-Semitic verbal abuse at least once, and 23% have been targets of physical violence on at least one occasion, with 10 percent saying they were attacked several times.
The continued spiraling of antisemitism in France has led significant percentages of the Jewish population to take protective actions. More than one-third, 37%, refrain from using visible Jewish symbols, 25% avoid revealing their Jewish identity in the workplace, and 52% have considered leaving France.
Overall, 44% of the Jewish sample say the situation for French Jews is worse than a year ago, only 11% say it is better and 42% no better or worse.
The youngest Jews, ages 18-24, are on the “front line” more than older cohorts in confronting antisemitism. 84% of them have suffered at last one antisemitic act, compared with 70% of all respondents; 79 percent had suffered verbal abuse, compared with 64% of all respondents; and 39% faced an act of physical aggression, compared with 23% of the full Jewish sample.
Visibly religious French Jews feel the most vulnerable, with 74% of them saying they had been a victim of at least one act of verbal abuse, compared with 64% of the full Jewish sample.
The main locations where antisemitic incidents occur the most are in the street and school. 55% said they had been insulted or threatened on the street, and 59% said they had suffered physical abuse in the school.
54% were victims of verbal abuse, and 26% had been victims of antisemitic violence in schools.
But equally disturbing is the finding that 46% said they had suffered anti-Semitic verbal abuse in the workplace.
Regarding the responsiveness of elected officials, Jews and the general public agree. Only 47% of Jews and 48% of the general public have confidence in the President of France tackling antisemitism, 46% of Jews and 41% of the public in the French government, and 58% of Jews and 56% of the public in local elected officials.
French Jews have no respite from antisemitism. “This has to stop,” Sebban-Bécache declared. “The fight against antisemitism must be a national priority which has the adequate means to cover all of France.”
The AJC Paris study was conducted by IFOP, a leading polling firm, in partnership with Fondapol, a major French think tank. They polled 505 French Jews and 1027 French people between October 14 and November 19, 2019.
SOURCE American Jewish Committee
The Government of Honduras, through the National Defense and Security Council, today designated Hezbollah as a terrorist organization. Honduras Foreign Minister, Lisandro Rosales, accompanied by the Deputy Security Minister, Luis Suazo, said that this is an intention of President Juan Orlando Hernández “to raise this concern about Hezbollah’s terrorist activities in Latin America.”
The resolution will be presented by the Honduran delegation to the Third Hemispheric Ministerial Conference on the Fight against Terrorism which started in Colombia today.
“We declare Hezbollah a terrorist organization and will include it in the registry of persons and institutions linked to acts of terrorism and its financing,” deputy security minister Luis Suazo said. This registry will aim to provide access and exchange of information about individuals and legal persons and entities linked to acts of terrorism and its financing, thus facilitating national and international cooperation, protocol regulations and other administrative procedures “with the purpose of ensuring that our territory is not used by transnational criminal groups to fulfill their mission,” said the Honduras Government.
SOURCE Gobierno de la República de Honduras
Cellcom Israel Ltd. (NYSE: CEL) (the “Company”) announced today that Mr. Ron Shvili, the Company’s CTO, informed the Company of his intention to resign as CTO in the near term at a date yet to be determined.
Mr. Nir Sztern, the Company’s departing CEO said: “Ron successfully led the Company’s engineering and IT division in a period of rapid technological changes and was a pivotal factor in strengthening Cellcom Israel’s position as a leading innovative communications group. During his tenure Ron led the Company’s CRM project, fiber to the home and 4G network deployments, IOT and advanced data protection solutions, digital transformation, data monetization, innovation processes, and many other communications and IT infrastructure projects. We thank Ron for his ample contribution to the Company and wish him all the best in his future endeavors.”
Source: Cellcom Israel