Futurebright Ventures Venture Capital Investment Fund Established

Futurebright Ventures Venture Capital Investment Fund

Turkey's leading data processing brand FutureBright and the financial technology leader Aktif Bank's subsidiary Aktif Portföy have launched the FutureBright Ventures Venture Capital Investment Fund with SPK approval.

This fund, with a size of 10 million dollars, aims to invest in early-stage entrepreneurs developing artificial intelligence data services, real-time data infrastructures, and DaaS (Data as a Service) models.

Growth in Data Processing Technology

In the new world order, institutions can no longer afford the luxury of long-term data storage. It is expected that data processing technology will grow by 30 percent annually, fundamentally changing business operations. Structures that cannot access data quickly and process it instantly will lose their competitive advantage.

Expectations in the Global Data Market

It is estimated that the global data processing technology market is approximately 124 billion dollars. This figure is expected to rise to 377 billion dollars within the next 10 years. Competition will be won through instantaneous decisions.

The DaaS Model: The Economy of the Future

DaaS is expected to emerge as the new backbone of economic systems in the next decade. Instead of storing data, providing it as a service is becoming the key to business success. The DaaS market, which was 12.4 billion USD in 2023, is expected to reach 76.8 billion USD in just 7 years.

The Fund's Goals and Opportunities

FutureBright Ventures aims not only to invest in entrepreneurs but also to provide all the necessary facilities for their accelerated growth. We stand alongside entrepreneurs with strong analytical infrastructure, access to FutureBright Group's extensive customer network, strategic brand positioning support, and business development services in Central Asia.

FutureBright co-founder Akan Abdula stated, "The data economy is no longer just a technology issue; it is a strategic field that will determine the fate of nations. Our fund is a decisive support step for entrepreneurs who do not want to entrust their destiny to others."

Gamze Gürkan Numanoğlu, Customer Experience and Communication Group Director at Aktif Bank, wished for this collaboration to be beneficial in line with Aktif Portföy's goal of contributing to the entrepreneurship ecosystem in Turkey through thematic investment funds.

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