Launching its own fan token last year, Galatasaray SK created a venture capital investment fund called 1905Ventures to invest in the sports technologies ecosystem in Turkey.
1905Ventures; team and athlete performance, recreational sports, fan experience & interaction, media & content, insight & efficiency will focus on startups that develop innovative technologies in their fields.
One of the focal points of the fund, established by Galatasaray SK in cooperation with Istanbul Portfolio Venture Capital, is sports fields, stadiums and halls with technologies such as big data, blockchain, artificial intelligence. making smart There will be initiatives.
Galatasaray, which offered its own fan token last year as a result of its cooperation with Chiliz, at the beginning of this month. Ali Sami Yen started to offer a non-fungible token (NFT) collection called
Startups participating in the acceleration program of 1905Ventures will be able to benefit from the resources of Galatasaray Sports Club and receive investment from 1905Ventures at the end of the program.
Galatasaray Sports Club Entrepreneurship Consultant İhsan Elgin said this at the press conference on Friday. “that they will invest in all initiatives that come out of the program and achieve results” told.
“We have a serious goal here, we are collecting big budgets. Let’s just invest, let [istemiyoruz]. We take the whole investor ecosystem with us and invest together as a philosophy.”
The newly established venture center announced that the application dates are between October 15 and November 26, and the demo day will take place on February 25, 2022.
1905Ventures; It will be able to invest in sizes ranging from 250,000 to 1.5 million TL by focusing on investments before the seed stage and before the A Series.