By ET Bureau - September 20, 2022 1 Mins Read
The international crowdfunding venture company OurCrowd today unveiled its newest fund. The WHO Foundation and the organization are collaborating to launch the Global Health Equity Fund (GHEF), a USD 200 million fund that will concentrate on healthcare solutions that can have a global impact, as the organization announced at the Clinton Global Initiative event in New York.
OurCrowd is aligning its fund with the Access Pledge of the WHO Foundation. The goal is to guarantee that portfolio companies will make their solutions’ available to underserved populations. This specifically means that any GHEF portfolio company will create an Access Plan for their solutions and that the WHO Foundation and OurCrowd will establish an advisory board to support them in doing so.
One of Israel’s most active investors, OurCrowd has made investments for its more than 215,000 members in about 350 companies through its 39 funds.
Read More: OurCrowd announces its new $200M Global Health Equity Fund
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