Aiming to be a strong supporter of the startups going on the investment journey, Sabanci Group has made its way through Sabanci Holding Corporate Venture Capital Fund ‘Sabanci Ventures’. two more new investments executed. Founded in 2020 after two new investments, Sabanci Ventures increased the total number of startups in its portfolio to 4.
Sabanci Ventures’ new investments provide solutions such as virtual server, firewall, database and technical support. Bulutistan with the idea that it can replace call centers and zack.ai his efforts. Sabanci Ventures had previously invested in Lumnion and Thread in Motion.
The Sabanci Group ecosystem opens up to startups:
Responding to Two New Investments, Sabanci Holding Strategy and Business Development Group President Gokhan Eyigunexplained the benefits they provide to the companies they invest in as follows:
“As part of our vision to create a Sabanci Group that continuously renews, develops, strengthens and adapts quickly to the changing global economy, one of the key components of our strategy is to invest in the companies of the future . In this context, we are not only making the Sabanci Group ecosystem available to startups, but also enabling them to use the Sabanci network to open up to global markets. As we are a group with a global footprint, taking the initiatives that we communicate with to the geographic areas we have access to is one of our most important contributions to the ecosystem in terms of globalization.”
Energy and climate technologies, materials technologies and digital technologies, which they call the ‘new economy’, are the will be key elements of the growth trajectory. This indicates that Eyigün has explained his goals in the continuation of his statement. The continuation of Eyigün’s statement was as follows:
“When we talk about digital technologies, we have started an investment period within the Sabanci Group in which cybersecurity, digital marketing, cloud technology, advanced data analytics, internet of things and software development come to the fore. With all this we want to increase the efficiency and cost advantage in our processes by leaving the power of innovation and the digital world behind us; to create added value for our customers by combining our products with new technologies and to provide access to new markets. Sabanci Ventures, with its investments in startups; Our company SabanciDx, on the other hand, will be the locomotive of this whole structuring with its strategic investments.”
Sabanci Ventures, which has a $30 million fund size in its first phase, will grow startups in the post-seed and Series A phases at home and abroad. Between $500,000 and $4 million is going to invest.
Source: Web Tekno
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