Operating in various sectors internationally and with a history of approximately 80 years, ALJventure capital company of Sabancı Holding Sabanci Ventures by collaborating with ‘J-START’ Venture Capital Investment FundHe accelerated the launch of .
This new venture capital fund, which is planned to encourage innovation, will support early stage technology startups in Turkey. According to the information shared; The J-START Fund will prioritize deep technology startups from academic institutions. Likewise, we should point out that the fund will provide support in the field of deep technology research and development.
The areas of focus of the fund announced at Sabancı University include artificial intelligence, advanced material technologies, financial technologies, education technologies, smart cities, digital health, big data analytics and cyber security. J-START Fund will give priority to deep technology start-ups originating from universities. Inovent, founded by Sabancı University as a technology commercialization company, will provide consultancy and discovery services for the fund. The Investment Committee, which will decide on investing in start-ups to be selected from the portfolio of proposals presented by Inovent, will include one representative from ALJ, Sabancı Holding and Sabanı University.
ALJ Türkiye and Europe President & CEO Ali Haydar BozkurtIn his speech, he stated that the J-START Fund was created to further support the deep technology ecosystem in our country.
Sabancı University Rector Yusuf Leblebici He stated that 50 of the 1000 students who graduate from Sabancı University every year choose to establish their own company. Leblebici pointed out that it is their duty to provide them with all kinds of support to facilitate this and make their dreams come true.
Sabancı Holding Strategy and Business Development Group President Gökhan EyigünUnderlining that they are an important supporter of the deep technology ecosystem through investments in many deep technology companies in Turkey and abroad, in this context, they are very pleased that Sabancı Ventures is collaborating with Sabancı University and ALJ for the J-START Venture Capital Investment Fund. expressed.
Source link: https://webrazzi.com/2024/10/03/alj-ve-sabanci-ventures-tan-erken-asama-girisimleri-destekleyecek-j-start-fonu/