OurCrowd and Korea’s KEB Hana Bank Sign Investment and Partnership MOU

Hana Financial Group Joins as Latest Institutional
Investor as OurCrowd Increases Cooperation Across Asia

JERUSALEM & SEOUL, South Korea–(BUSINESS WIRE)–OurCrowd, a
global leader in equity crowdfunding and among the world’s most active
venture capital platforms, today announced its latest institutional
partner in Asia, with a portfolio investment from South Korea’s KEB Hana
Bank (“KEB Hana”), a subsidiary of the Hana Financial Group.

Hana Financial Group is one of the largest bank holding companies in
South Korea and KEB Hana is the country’s most acclaimed Private
Bank. Along with an equity stake for the bank in a cross section of
current and future OurCrowd portfolio investments, OurCrowd and KEB Hana
have entered into an MOU agreement to pursue cooperation in support of
Korea’s innovation ecosystem, aimed at creating key relationships for
Korea’s major corporations seeking technology solutions for the future.

“The hightech cooperation between Israel and South Korea is quickly
evolving into an economic powerhouse,” said OurCrowd CEO Jon Medved. “We
are delighted to welcome KEB Hana to a front row seat at the table, as
we provide diversification of venture capital opportunities across the
globe to the bank, and ultimately to a wide audience of impressive
corporations and accredited investors in South Korea. This latest step
forward, in addition to the partnerships we have established in Korea,
will help leverage incredible commercial potential as we deepen the
interface between the two countries’ industrial collaborations in
various hi-tech fields.”

Last year, OurCrowd
and its seed stage incubator Labs/02
, signed a collaboration
agreement with two of South Korea’s leading venture capital firms, DTNI
and Yozma Group Korea. These agreements, facilitated by the Korea-Israel
Industrial R&D Foundation, aimed at strengthening bilateral strategic
collaboration, supporting investment partnerships, and focusing on
rapidly growing deep-tech startups in both countries. OurCrowd plans to
feature several innovative startups from South Korea as part of a
special pavilion at the upcoming Global
Investor Summit
on March 7, 2019 in Jerusalem’s International
Convention Center.

Since its entry into the Asian market in 2015, OurCrowd has positioned
itself as a leading provider to the local market, offering valuable
investment opportunities to regional investors, while also delivering
global capital via its online platform into several startups from Hong
Kong, Singapore, and India. Other current partnerships in the region
include United Overseas Bank in Singapore, Shanghai Commercial Savings
Bank in Taiwan, Citic Pacific in Hong Kong, Reliance Private Client in
India, and National Australia Bank. In May of 2018, OurCrowd announced
its most recent investment, from Thailand’s Bangkok Bank. With its
rapidly expanding presence, OurCrowd’s network effect has impacted
international business development for startups and corporates across
the region.

About OurCrowd: OurCrowd is a global investment platform,
bringing venture capital opportunities to accredited investors
worldwide. A leader in equity crowdfunding, OurCrowd is managed by a
team of seasoned investment professionals and is led by serial
entrepreneur Jon Medved. OurCrowd vets and selects companies, invests
its own capital, and invites its accredited membership of investors and
institutional partners to invest alongside in these opportunities.
OurCrowd provides support to its portfolio companies, assigns industry
experts as mentors, and creates growth opportunities through its network
of strategic multinational partnerships. The OurCrowd community consists
of almost 30,000 accredited investors from over 150 countries. OurCrowd
has raised over $800 million and invested in 170 portfolio companies and
funds. To join OurCrowd as an accredited investor visit www.ourcrowd.com
and click “Join”.

About the 2019 OurCrowd Global Investor Summit: The OurCrowd
Global Investor Summit, Where the startup world gathers. The 2019
OurCrowd Global Investor Summit, taking place March 7 in Jerusalem,
Israel, is one of the premier events in the tech industry, and the
largest business event in Israel’s history, with 15,000 expected to
register to attend. The Summit provides an interactive, front-row seat
to the formerly closed world of startup venture capital, with exclusive
exposure to cutting-edge technologies, the entrepreneurs behind them,
and the corporate leaders deploying them. Top investors, venture
capitalists, corporate partners, entrepreneurs and journalists come from
around the world both for Summit day as well as a week of events that
include tours of the Israeli ecosystem, corporate meetups, and cultural
and historical excursions. Thousands more will participate through
livestreaming. Learn more at summit.ourcrowd.com.

For Press Materials: http://blog.ourcrowd.com/KEB

Contacts

Press:
Leah Stern, OurCrowd
Dir. Of Communications
UK:
+44 747-0196826
E: leah@ourcrowd.com

Aaron Kliner
IL: +972 54-8143742
aaron@headline.media