PILOT, the venture acceleration program run by Türk Telekom subsidiary TT Ventures, gave its 10th term graduates this year. 13 startups that successfully completed the program came together with the entrepreneurship ecosystem at the PILOT Demo Day event at Atatürk Cultural Center.
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shiftdelete.netTürk Telekom continues to strengthen the entrepreneurship ecosystem in our country with the “Corporate Venture Capital Company” TT Ventures. Having successfully completed the 10th term of the PILOT program, 13 teams presented their innovative projects that will carry Turkey into the future and their ideas that will create value, at the PILOT Demo Day event at AKM, of which Türk Telekom is the main supporter.
Türk Telekom CEO Ümit Önal, said in his opening speech: “We continue our efforts to move Turkey forward in the technology race and to bring out world brands from our country. Today, we are happy to complete the 10th term of PILOT, Turkey’s first corporate startup acceleration program, which we launched in 2013. Continuing on its way under the roof of our group company TT Ventures, our PILOT program has become an important brand with the opportunities it offers and the investments it receives from its graduates. To date, the total cash support we have provided to startups within the scope of PILOT has reached 30 million TL. In addition, we took another important step this year and launched the “TT Ventures Venture Capital Investment Fund”, which will enable TT Ventures to reach more startups with flexible investment models. With this fund; investing in technology-focused startups with high growth potential; We aim to provide strategic and financial benefits to the investors of the fund. Although this step is the first step of our investment strategy, we will soon reach a global level with our new works in this field. As Türk Telekom, we will continue our investments that will carry the domestic entrepreneurship ecosystem to the global, by working non-stop with our belief in our entrepreneurs and their ideas.”
Innovative technology solutions from graduates, artificial intelligence to new generation health applications
In the 10th term of PILOT, 13 teams developed technology solutions in new fields from augmented reality to image processing, health to blockchain, new generation media to robotics.
Digital advertising optimization and automation platform adsbot; solution that analyzes athlete thermal images ai4sports; energy transfer solution for electric vehicles Car4Future; short film viewing mobile app Cineshort; voice of the customer management platform Cloud4Feed; industrial artificial intelligence-computer vision systems development environment Inovako; online parent and adult counseling platform Kidologist; artificial intelligence based mobile application testing platform Pensor; digital maintenance management platform ServiceSoft; Online grocery solution that automates picking and delivery processes Speedy Market; tokenization-based athlete management game platform Sportimec; decoration engineering application SugAR Technology and visual meditation and experience app visitshared their presentations within the scope of PILOT Demo Day.
Opportunity to participate in the USA program
The 10th term startups had the opportunity to meet with nearly 250 mentors for 12 weeks, access Türk Telekom’s business connections and receive investment. Those selected from the teams that successfully complete the program will have the right to participate in the America program.
PILOT has given 104 graduates to date.
To date, 104 startups that have graduated from PILOT have received a total of approximately 30 million TL in cash support, while 45 of the graduates have had the opportunity to develop their projects and ideas by receiving outside investment. The total investment received by PILOT graduates, who operate in almost all countries from Asia to Europe, from N. America to S. America, and who are a source of pride for our country, has approached 20 million dollars.