Credit Suisse, OurCrowd and Tadmor & Co. Yuval Levy & Co, have named The Pub Hub as the winner of the Pitching Ring Award 2016, for its effective and productive use of unexploited bar areas, during the day, as a joint work space. 220 entrepreneurs, investors, start-ups and experts from Israel and abroad attended Credit Suisse’s third High-Tech Forum in Tel Aviv.
Credit Suisse Israel CEO Doron Averbuch said, "This third high-tech forum event held by Credit Suisse, brought together top notch investors and entrepreneurs from all over the globe to Israel, one of the most exciting places in the world of high-tech. Participants came together for this event, seeking unique opportunities for investments. The Winners of our pitching ring event, The Pub Hub, was unique in showing a simple and clear business model that allows scalability and potential profitability. We are looking forward to start this process with them and help achieve this goal."
The Pub Hub, founded by Daniel Rubin and Doron Maman, was awarded a one-year scholarship from Credit Suisse which includes the participation in one of the bank’s global investment conferences, coaching sessions by Credit Suisse experts in Investment Banking and Private Banking as well as a fast-track due-diligence process which could result in a potential $250-500,000 investment by OurCrowd First.
The Pub Hub founders Daniel Rubin and Doron Maman said, "We are thrilled to be voted winners and get such a unique opportunity to develop our dream into reality."
OurCrowd First general partner Yori Nelkin said, “The five finalists this year are an awesome representation of the current Israeli early-stage entrepreneurship. The Pub Hub stood out for its innovative and refreshing approach, and we at OurCrowd First are greatly looking forward to getting to better know The Pub Hub. As a former high-tech entrepreneur I have the utmost respect for the sweat and toil that goes into building a venture. I am confident that these entrepreneurs have exciting journeys ahead.”
Tadmor & Co. Yuval Levy & Co. Cross Border and Domestic M&A co-head Adv. Yaniv Aronowich said, "As part of our ongoing support of the Israeli start-up community, we are pleased to be able to contribute to the winner of the contest with a legal service package."
Published by Globes [online], Israel business news - www.globes-online.com - on September 25, 2016
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