New Investment Opportunity: OurCrowd FoodTech Fund

New Investment Opportunity: OurCrowd FoodTech Fund
Diversify with cutting-edge FoodTech startups

Allocation into the next 15-20 FoodTech opportunities on the OurCrowd platform
Israel is global leader in number of alternative protein startups and amount invested, second only to the US
OurCrowd has invested over $95M across 17 FoodTech companies worldwide, 9 of them in Israel; portfolio includes Beyond Meat which had the most successful IPO of 2019
OurCrowd is well positioned to leverage Israel's cutting-edge leadership in the space via its network of entrepreneurs, scientists, third-party funds and in-house food incubators
OurCrowd is among the Top 10 most active VCs worldwide in FoodTech deals since 2021 according to an analysis of PitchBook data¹
If OurCrowd had a dedicated $25M FoodTech fund in 2018, such simulated portfolio² would have been held as of Q1 2022 at 43% net IRR, 1.6X TVPI, 0.33X DPI (top quartile)

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with your Investor Relations representative

Dear Josb,

FoodTech is one of the fastest-growing venture investment sectors in venture capital, with 150% YOY growth. In the past five years, $91B was invested globally in FoodTech, yielding 254 exits. The mushrooming interest in alternative proteins, coupled with concerns about looming food shortages and the contribution of traditional agriculture to climate change, has triggered an explosion of investment opportunities in FoodTech startups.

The OurCrowd FoodTech Fund will provide OurCrowd investors allocation into the next 15-20 FoodTech and food-related opportunities offered to OurCrowd investors and/or funds, subject to OurCrowd's overall allocation in each round. The fund is a unique opportunity for investors to diversify their investments across OurCrowd's FoodTech companies.

OC FoodTech will seek to invest in a wide range of cutting-edge technology companies addressing the challenge of feeding the world's growing population while decarbonizing the global economy, supporting, among other causes, the aim of reaching net-zero emissions before 2050.

OurCrowd's Track Record
OurCrowd has invested over $95M across 17 FoodTech companies worldwide, 9 of them in Israel, emerging as one of the most active FoodTech investors in the world. According to PitchBook data, OurCrowd is one of the Top 10 most active VCs worldwide in FoodTech deals out of 800+ VC funds since 2021¹.

OurCrowd made its first investment in the sector in 2018 in the pre-IPO financing of Beyond Meat, which went public in May 2019, generating a 3.5X multiple for OurCrowd investors. Since then, OurCrowd has invested in companies across alternative protein, food waste, healthier food, delivery robots and more. Other notable investments include Remilk, Sufresca, Plantish, Tovala and Ripple.

Together with Tnuva, Tempo and Finistere, OurCrowd established FreshStart, an Israeli FoodTech incubator focusing on pre-seed food-tech investments.

Israeli Leadership
Israel is a global leader in the sector, ranking second only to the US in terms of the largest number of alternative protein startups and the highest amount of investment. OurCrowd is well positioned to leverage Israel's cutting-edge leadership in the space via its network of entrepreneurs, scientists, venture funds and in-house food incubators.

Climate Challenge
Food systems account for more than one-third of greenhouse gas emissions. Almost half of all food produced globally is wasted, resulting in a $1.2T yearly loss to the economy. A large part of the solution to both these urgent problems lies in the development of food technology. A transition away from animal protein "has the potential to deliver 14 to 20% of the emissions mitigation the world needs until 2050 to stay below 1.5°C," according to the Good Food Institute Israel.

Investment Strategy
OC FoodTech's investment strategy will follow the model of other OurCrowd internal funds, offering a rule-based approach that leverages the power of the OurCrowd platform and resources to allocate capital to the next 15-20 FoodTech opportunities and/or funds approved by OurCrowd's investment committee and/or funds. We will seek to reserve the remaining committed capital for follow-on rounds into existing companies in the sector. OC FoodTech is targeting an initial closing date in mid-Q3 of 2022.

Simulation² Model
OurCrowd has created a simulation based on the assumption that it had created a dedicated FoodTech fund in 2018 with committed capital of $25M, with the rules-based investment strategy similar to the proposed for the new fund. Had such a portfolio been managed as described, as of Q1 2022 it would have been held at 43% net IRR, 1.6X TVPI, and would have ranked in the top quartile for its vintage with 0.33X DPI.

Next steps:

¹ PitchBook data as of June 30th, 2022, search criteria: Investor Type: Venture Capital; Deal Date: From: 01-Jan-2021; To: 30-Jun-2022; Verticals: FoodTech;

² The data included in this simulation ("Simulation") is based solely on historical performance data (the "Assumptions"), as well as currently available information. These Assumptions are subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond OurCrowd's control and may therefore prove to be incorrect going forward. The Simulation performance data is merely indicative and is based in large part on assumptions derived from management's experience and currently available information. Nothing contained herein represents or shall be deemed to in any way guarantee actual Investor returns for the OurCrowd FoodTech Fund, which can only be calculated at the time of an actual exit. OurCrowd makes no warranty whatsoever regarding the data contained herein, and the figures do not in any way represent actual returns for the OurCrowd FoodTech Fund. You should not rely solely on the figures herein when making an investment decision. The estimates are provided are based solely on historical data and other assumptions as listed in the Simulation and do not in any way guarantee any returns whatsoever for Investors in the OurCrowd FoodTech Fund in the future. OurCrowd has not provided these figures for the purpose of predicting the OurCrowd FoodTech Fund's future results or revenue or returns to potential Investors. The historical data and assumptions included in this Simulation are made only as of the date hereof. OurCrowd undertakes no obligation to update these projections and assumptions to reflect events or results available after the date of the Simulation.

Certain information in this email contains "forward-looking information" under applicable securities laws ("forward-looking statements"). These may include, among others, projected performance; expected development of the company's business, projects and partnerships; execution of the company's vision and growth strategy; and the like. Forward-looking statements are not guarantees of future performance and should not be relied on in any way.

Nothing contained in and accompanying this communication shall be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any security by OurCrowd, its portfolio companies or any third party. Information regarding OurCrowd's limited partnerships and/or portfolio companies and the investment opportunities on OurCrowd's website is intended and available for accredited investors only (criteria at OurCrowd). OurCrowd urges potential investors to consult with licensed legal professionals and investment advisors for any legal, tax, insurance, or investment advice.OurCrowd operates in Canada through OurCrowd Canada Inc., an exempt market dealer registered in the Provinces of British Columbia, Alberta, Manitoba, Ontario, Quebec and Nova Scotia.