Labs/02 News
4 articlesOurCrowd's Labs/02 Incubator Marks First Year with 6 Investments, 1 Exit and Over 3X on its Portfolio Investments
growth-positive
Jerusalem Incubator Inks Double Korean VC Partnership
OurCrowd Labs/02, a seed-stage incubator focused on deep technology startups, has announced a collaboration agreement with two Korean venture capital firms. The incubator, created as a partnership between Motorola Solutions Inc., OurCrowd Ltd., Reliance Industries Ltd., and Yissum Research Development, focuses on domains such as artificial intelligence, deep learning, autonomous transportation, and smart cities. The collaboration aims to establish landing pads in Israel and South Korea to provide startups from both countries with networking opportunities and meaningful collaborations.
Partners
growth-positive
OurCrowd's Labs/02 to Invest in up to 100 Early Stage Companies Over the Next 10 Years with Israel Innovation Authority Support
OurCrowd, a global equity crowdfunding platform, has announced that its Labs/02 seed stage incubator will invest in up to 100 early stage companies over the next decade. The incubator, which focuses on frontier technologies like AI, deep learning, autonomous transportation and smart cities, plans to make initial investments in Keepers, a company that provides tools to help parents cope with social media addiction and cyberbullying, and C2A Security, a chip level security and safety platform for the next generation of automobiles. Labs/02 is a partnership among OurCrowd, Motorola Solutions, Reliance Industries and Yissum.
InvestmentPartners
growth-positive
Jerusalem Startup Incubator Plans to Invest in 100 Startups
Labs/02, a startup incubator operated by OurCrowd Management Ltd., plans to invest in around 100 early stage startups over the next ten years. The incubator will focus on startups developing AI technologies and automotive tech. It will invest between $750K and $1.2 million in each company, with an average investment of around $1 million. Companies participating in the program will be eligible for government investments. So far, it has invested in two Jerusalem-based startups. OurCrowd is a Jerusalem-based equity crowdfunding firm that has raised over $500 million to date and supported over 130 startups.
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