OurCrowd has revealed that
NTT Group (Nippon Telegraph and Telephone), will establish
NTT Finance Israel LP in partnership with OurCrowd.
According to OurCrowd, NTT Finance will initially commit $15 million for a dedicated investment program. OurCrowd will provide early access to its deal flow pipeline. NTT will use the OurCrowd platform to access deals in areas like AI, IoT, Medical/Healthcare and Autonomous vehicles industries, and more.
OurCrowd CEO
Jon Medved said they are delighted to partner with NTT:
“Working closely with NTT, we expect to further strengthen ties between Israel, Japan, and the global tech community.”
NTT Finance President
Yoshikiyo Sakai added that this will contribute to business growth for both NTT Group and startups in Israel, “facilitating potential opportunities to launch collaborations between their businesses, through expanding venture investments in IT startups.”
Japan s NTT Finance Establishes Strategic Venture Investment Partnership with Israel s OurCrowd
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Japan s NTT, OurCrowd to jointly invest in Israeli tech firms
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