OurCrowd’s Labs/02 Incubator Marks First Year with 6 Investments, 1 Exit and Over 3X on its Portfolio Investments
Labs/02, an early stage fund and incubator located in the heart of Jerusalem, has completed its first full year of operation with investments in some of th;
- Being an Israel Innovation Authority (IIA) sponsored incubator, Labs/02 makes seed investments on behalf of OurCrowd, along with Motorola Solutions and Reliance Industries Ltd and has a strategic partnership with Yissum, the technology transfer company of the Hebrew University.
- By leveraging IIA funding and partners such as OurCrowd, Motorola Solutions and Reliance Industries, we invest in the most promising and innovative Israeli startups in multiple high-tech domains.
- Security, the first company to enter Labs/02, raised a $6.5M Series A round led by led by strategic investors Maniv Mobility and IVC within 11 months of entering the incubator program.
- OurCrowd provides support to its portfolio companies, assigns industry experts as mentors, and creates growth opportunities through its network of strategic multinational partnerships.