OurCrowd, recognized as Israel's most active investor over the past decade, has unveiled new investment funds aimed at accredited investors looking to engage with the burgeoning fields of artificial intelligence (AI) and food technology (foodtech). The OurCrowd AI Fund, with a target of $50 million, is set to invest in 20 to 25 startups that utilize AI, generative AI, and machine learning to innovate across various sectors including medtech, mobility, and cybersecurity. This initiative comes at a time when the adoption of technologies like OpenAI's ChatGPT has highlighted the vast potential of generative AI.
Parallel to the AI Fund, the OurCrowd FoodTech Fund, aiming for $30 million, will focus on 15 to 20 companies dedicated to solving global food security challenges while reducing carbon emissions. The fund's investments will span bioengineered alternative proteins, supply chain optimization, and AI-driven culinary innovations, building on OurCrowd's successful track record in the sector, including its early investment in Beyond Meat Inc.
For those seeking a broader investment portfolio, the OC50 VIII fund offers a hyperdiversified approach, granting access to OurCrowd's top deals across multiple industries such as SaaS, fintech, and digital health. This fund is designed to provide investors with instant diversification and preferential access to high-potential startups.
In addition to these sector-specific funds, OurCrowd has also launched the $50 million Israel Resilience Fund to support startups impacted by geopolitical challenges or those developing solutions in critical areas like emergency medicine and cybersecurity. Through these funds, OurCrowd is extending the opportunity for accredited investors to contribute to and benefit from the advancements in technology and innovation that are shaping the future.
