Japanese Financial Services Group ORIX Invests $60M In Israel’s OurCrowd

Israel’s OurCrowd announced on Thursday that Japanese financial services group ORIX Corporation has invested a strategic $60 million in its active venture investing platform.

This is ORIX’s first collaboration with Israel’s startup sector. OurCrowd plans to provide the group with access to a wide variety of innovative technologies and companies, according to the announcement

ORIX and OurCrowd will collaborate on agreed focus areas under the terms of the agreement and establish financial products and investment opportunities suited for the Japanese and global markets. This will include curated access to both venture capital funds and individual portfolio companies on a deal-by-deal basis.  

ORIX and OurCrowd will also work to further increase cooperation between the two countries and enhance opportunities for Israeli startups throughout Asia.

“We intend to be active partners with OurCrowd and help them accelerate their already impressive growth, while bringing the best of Israeli tech to Japan’s large industrial and financial sectors,” Kiyoshi Habiro, CEO of ORIX UK said.

ORIX was established in 1964 and works in a number of fields including corporate finance, industrial/ICT equipment, environment and energy, automobile-related, real estate-related, private equity investment and concession, banking and life insurance businesses. The company works in 37 countries and regions across the world.

“ORIX is a global leader in diversified business and financial services who will strengthen OurCrowd in many ways. We are enthusiastic about the potential to further transform the venture capital asset class together and provide a strong bridge for our innovative companies to the important Asian markets,” said OurCrowd CEO Jon Medved.